> Objects that need new hard drives every 3-5 years to store, replenished on a constant cycle
The replenishment of these hard drives is baked into the cost of S3. If there is a major disruption of hard drive supply then S3 prices will definitely rise, and enterprises that currently store lots of garbage that they don't need, will be priced out of storing this data on hard drives, into Glacier or at worst full deletion of old junk data. That's not necessarily a bad thing, in my opinion.
There is lots of junk data in S3 that should probably be in cold storage rather than spinning metal, if merely for environmental reasons.
The replenishment of these hard drives is baked into the cost of S3. If there is a major disruption of hard drive supply then S3 prices will definitely rise, and enterprises that currently store lots of garbage that they don't need, will be priced out of storing this data on hard drives, into Glacier or at worst full deletion of old junk data. That's not necessarily a bad thing, in my opinion.
There is lots of junk data in S3 that should probably be in cold storage rather than spinning metal, if merely for environmental reasons.