At the scale of AWS S3, exabyte scale, I assume that could be close to a billion dollar in cost savings?
Did some searches but came up with some guesses like https://maisonbisson.com/post/how-big-is-s3/ but they are dated and still just guesses.
On pure storage that is 100,000,000TB. That is 1 billion dollar already excluding any redundancy required by S3.