Similar phenomenon, on a smaller scale, is happening with what I call meta-cloud PaaS, which facilitates web app deployments/provisioning. They usually run on top of AWS or other large clouds, hence meta-cloud.

It started with Heroku but now it has gained VC attention in the form of Next/Vercel, Laravel Cloud, Void(0), Deno Deploy and Bun-yet-to-be-announced solution. I'm probably forgetting one or two.

Don't get me wrong, they are legit solutions. But the VC money currently being poured in on influencers to push these solutions make them seem much more appealing than they would be otherwise.