To be fair, its hard for anyone to know anything about hardware these days unless its a company with a large on-prem footprint and it doesn't make financial or regulatory sense to put in the cloud or co-locate, which is a vanishingly small number. Hell I haven't been in a physical datacenter in 5 years and that's where I started my career many moons ago.
Those financial encumbrances exist due to VCs taking a larger share of the pie than their efforts are worth, and we can't look at their bank balances now and ignore all context as to how that money got there in the first place.
Its like if spanking was your fetish but the person spanking you believes they are punishing you. It's irrelevant to the person being spanked as long as they enjoy it.
Part of me is like "this is dope!" and another part of me is like "are we so lazy/poor due to income inequality that actually learning how to build things is out of the picture now?"