AWS EC2 Autoscaling is frequently regarded as the ideal solution for managing fluctuating workloads. It offers automatic adjustments of computing resources in response to demand, theoretically removing the necessity for manual involvement. Nevertheless, depending exclusively on EC2 Autoscaling can result in inefficiencies, overspending, and performance issues. Although Autoscaling is an effective tool, it does not serve as a one-size-fits-all remedy. 

Here’s a comprehensive exploration of why Autoscaling isn’t a guaranteed fix and suggestions for engineers to improve its performance and cost-effectiveness.