Tino Tereshko Thank you for your thoughtful answer. I agree on all your points. However, I’m also thinking about how things *will be* three years from now, when Google Cloud is 5x larger hopefully with a deeper order book. I have worked in the capital markets for a long time, and granted have been a beneficiary of liquidity and deep order books, but envision that soon you could bid on timed spot instances across an array of increasing times.
Which brings me to the next idea — why not do that now? You could offer larger discounts on short-dedicated instances and increasing higher prices, approaching full price, on longer timed spot instance. This may help smooth the volatility as well.