You say that but companies routinely pay projects like Circle CI similar orders of magnitudes for chunkier CI builds (one place I know having builds take 30 minutes.... with 64 shards. Basically paying like 5-10 bucks per commit)
You still gotta do hardware management yourself in other words but CI is good business!
An additional several thousand dollars per month for any moderately-sized team, especially if you've got a bunch of microservices, sounds very expensive to me, and would probably get axed quickly by any devops team I can think of that's actively working on reducing their costs.
I mean if you're paying 5+ digits a month on CI it starts being reasonable to say "maybe I should do things to lower the absolute cost of this". 5 dollars time a big enough number is real money!
Is there an alternative service that offers similar service? I am not sure if I have ever seen anything else come close to what these guys do. I recall them going into battle with apple and it looks like they had won. But it sucks that we do not have any open source solution for iOS or Android to emulate the OS for these devices.
I remember we paid Circle CI ungodly amounts to host a dozen trash can Mac Pros to run our iOS CI. Early Swift versions caused huge spikes in build times.
You still gotta do hardware management yourself in other words but CI is good business!