well both monolithic and microserves(serverless) have their pros and cons. seeing big players like google and Amazon doing great strides in cloud services.

talking about cloud based the architecture of building applications, its promising and the technology is growing everyday with more cloud vendors getting into the market.
at the moment startups , companies and developers still build and maintain our own servers when building robust apps with custom features . talking about building applications that will scale overtime we really can’t rely on already managed backend as a service 🤷‍♂️