While Serverless does address some of the points which were the design goals of Erlang, it doesn't address them all. In no particular order:
Hardware interaction is more or less non-existent in the world of Serverless.
Timing/Latency is not really controllable. It's at the whim of your provider.
FaaS doesn't support very large systems well. It's far more about scaling down than up.
Erlang is functional for a reason: it minimizes faults. Quality follows.
Complex feature interaction is limited in the stateless serverless world.
Cloud providers tend to solve for a different set of problems, which is fine. But I'm going to claim that many of the things Erlang was designed to solve runs dual to the problems in the cloud space.
Hardware interaction is more or less non-existent in the world of Serverless.
Timing/Latency is not really controllable. It's at the whim of your provider.
FaaS doesn't support very large systems well. It's far more about scaling down than up.
Erlang is functional for a reason: it minimizes faults. Quality follows.
Complex feature interaction is limited in the stateless serverless world.
Cloud providers tend to solve for a different set of problems, which is fine. But I'm going to claim that many of the things Erlang was designed to solve runs dual to the problems in the cloud space.