Because the person renting the server doesn’t have to worry about all the nitty gritty of owning a server. I don’t worry about the power supply going bad, or selling it when I don’t need it, or the cost of buying it. It costs me $x/hr to be online, and that’s it.
I’ll also add that many of the server less structures can also deal with all the headache of worrying about the operating system too, so you just worry about the application, and ignore the rest.
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