I think it really depends on whether or not you can offer a competitive solution and what your end goals are. Do you want an indie hacker business, do you want a lifestyle business, do you want a big exit, do you want to go public, etc?

It is hard to compete with these hyperscalers because they use pseudo anti-competitive tactics that honestly should be illegal.

For example, I know some ASR providers have lost deals to GCP or AWS because those providers will basically throw in ASR for free if you sign up for X amount of EC2 or Y amount of S3, services that have absurd margins for the cloud providers.

Still, stuff like Supabase, Twilio, etc show there is a market. But it's likely shrinking as consolidation continues, exits slow, and the DOJ turns a blind eye to all of this.