Explore the fundamentals of observability in cloud computing through this conference talk from Conf42 Observability 2023. Delve into the importance of structured logs, metrics, and traces in modern monitoring practices. Learn about the cultural shift towards observability and its implementation in various service models. Discover practical examples using AWS Lambda, including how to enable X-Ray, Lambda Insights, and API Gateway logs. Gain insights into using AWS Lambda Powertools for instrumenting traces, metrics, and logging. Understand the concept of context in observability and its significance in creating an intelligent monitoring foundation. Acquire knowledge about relevant tools and resources to further enhance your observability skills.