On the contrary, young people often show up having learned on their super fast Apple SSD or a top of the line gaming machine with NVMe SSD.
Many know what hardware can do. There’s no need to dunk on young people.
Anyway, the cloud performance realities are well know to anyone who works in cloud performance. It’s part of the game and it’s learned by anyone scaling a system. It doesn’t really matter what you could do if you build a couple RUs yourself and hauled them down to the data center, because beyond simple single-purpose applications with flexible uptime requirements, that’s not a realistic option.