**What does the term "serverless computing" refer to?**
Serverless computing is a cloud computing paradigm where developers write and deploy code without having to manage the underlying server infrastructure. Although servers are still involved, the cloud provider handles server provisioning, scaling, and maintenance. This model allows developers to focus on writing applications and deploying functions, reducing operational complexity and costs. Serverless computing is often utilized for event-driven applications, enabling automatic scaling to accommodate varying workloads while providing a pay-as-you-go pricing model, which improves efficiency and resource management.