Ask HN: Do you use cloud VMs at work for software development?

Hello,

I'd like to get a feel for if/how people are using cloud VMs from AWS/Azure etc. to do their day to day software development.

What does it cost per dev to rent the VMs?

Are there latency issues? Is the machine fast enough?

Do you have to boot up and shut down to save costs?

Are there any amazing advantages you found over a "local" computer?

Is it company policy, rolled out, or just you?

Do you prefer it? Would you recommend it?

Any tips or good deals from AWS / Azure for this purpose?

Thanks!