Serverless architecture offers many benefits such as reduced costs, scalability, faster time to market, improved availability and greater flexibility. It can be a cost-effective option for applications that see inconsistent usage with peak periods alternating with times of little to no traffic.

However, one potential drawback is limited control over backend servers. Additionally, while serverless architecture can reduce costs for some applications, it may not always be the most cost-effective option for all use cases.
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