I agree that EBS and the defaults RDS tries to push you into are awful for a database in any case. 3k IOPS or something absurd like that. But that's kind of the point: AWS sells that as "SSD" storage. Sure it's SSD, but it's also 100-1000x slower than the SSDs most devs would think of. Their local "NVMe" is AFAIK also way slower than what it's meant to evoke in your mind unless you're getting the largest instances.
Actually, showing scaling behavior with large instances might make Planetscale look even better than competitors in AWS if you can scale further vertically before needing to go horizontal.