How does serverless computing alter the traditional server management paradigm, and what are the advantages and limitations of adopting a serverless architecture?

Serverless computing abstracts server management away from developers, allowing them to focus on writing code while the cloud provider handles infrastructure provisioning, scaling, and maintenance. Advantages include reduced operational overhead, automatic scaling, and cost efficiency, as billing is based on actual usage rather than pre-allocated resources. However, limitations include potential cold start latency, limited execution time for functions, and challenges in debugging and monitoring. Vendor lock-in and the need to design stateless functions can also be concerns.