Small and scrappy startup -> taking on bigger customers for greater profits / ARR -> re-architecting for "enterprise" customers and resiliency / scale -> more idealism in engineering -> profit chasing -> product bloat -> good engineers leave -> replaced by other engineers -> failures expand.
This may be an acceptable lifecycle for individual companies as they each follow the destiny of chasing profits ultimately. Now picture it though for all the companies we've architected on top of (AWS, CloudFlare, GCP, etc.) Even within these larger organizations, they are comprised of multiple little businesses (eg: EC2 is its own business effectively - people wise, money wise)
Having worked at a $big_cloud_provider for 7 yrs, I saw this internally on a service level. What started as a foundational service, grew in scale, complexity, and architected for resiliency, slowly eroded its engineering culture to chase profits. Fundamental services becoming skeletons of their former selves, all while holding up the internet.
There isn't a singular cause here, and I can't say I know what's best, but it's concerning as the internet becomes more centralized into a handful of players.
tldr: how much of one's architecture and resiliency is built on the trust of "well (AWS|GCP|CloudFlare) is too big to fail" or "they must be doing things really well"? The various providers are not all that different from other tech companies on the inside. Politics, pressure, profit seeking.