Explore dynamic resource allocation in cloud computing through this conference talk from Conf42 Observability 2024. Delve into auto-scaling mechanisms, cost savings, and efficiency gains with a focus on AWS case studies. Learn about configuring auto-scaling systems, integrating machine learning, and leveraging serverless computing for optimal resource management. Discover future trends, innovations, and research opportunities in the field of dynamic resource allocation. Gain insights into the challenges and potential solutions for improving cloud infrastructure efficiency and performance.