Close. It means there's no persistent infra charges and you're charged on use. You dont run anything permanently.
It still doesn't capture the concept because, say, both AWS Lambda and EC2 can be run just for 5 minutes and only one of them is called serverless.
It still doesn't capture the concept because, say, both AWS Lambda and EC2 can be run just for 5 minutes and only one of them is called serverless.