A cloud VM, just shut it down and you're done.
If this flexibility is needed, and it's an "if", a dedicated server does the same. But even a cloudVM is already lower level compared to other services (which are even more abstract) - like EKS, SQS, etc.
The value an organization provides to customers should be the primary focus of the business, the rest is a means to sharpen that focus.
In my experience this often translates in values that flows to AWS, while the company giving value to customers is stuck with millions of cloud bills each month, and a large engineering footprint that eventually needs to cut, leaving fewer and fewer people working on the product.
That said, I acknowledge that cloud has business reasons to exist, I wrote an entire other post about my hate for it, but I still acknowledge that. However there are some myths that finally are getting dispelled (outsource infra and focus on your product).
But you know what the kernel is. You know that syscalls are a thing, you know what role the kernel performs, you know that different filesystems have different properties (and pros and cons), etc..
You don't need to know the details, perhaps, but you can't ignore the fundamental theoretical concepts of kernel and OS. You might not know the whole detail of the boot procedure, but if your machines are stuck on boot, you know at least what to look for.
Here I was talking about equally foundational topics. There is nothing "above" - say - producing attestations and then verifying them. That's literally all there is to it, but if you don't understand the theory behind it, what exactly are you doing? As as I said, I don't care about the details, I didn't expect someone mentioning ciphers or timestamp authorities, transparency logs etc. All I would expect is "we produce a signature with a bunch of metadata and we verify it where we consume the artifact, so that we are sure that the artifact has the properties attested by the signature".
Not knowing this is like someone claiming that they administer Linux machines but can't explain what network interfaces are or how routing is determined. This is not a question of being expert on different layers, this is just being oblivious to those other layers completely.