Let's address these one by one based on our experience (the part of the journey that I've been there at least as the implementation of the solution predates me but I live with it).
Migrations
Things slow down past 100 [...] No one wants friction in their deployment process, especially as we’re attempting to deploy daily or more frequently.
We have more than a thousand schemas per database shard. That is why I said you want things to run in parallel for speed, yes. However, we deploy way more than daily and it's not really an issue in that sense. Schema updates are not that frequent but you do of course need to take into account that you will have to make the schema updates as a separate PR, wait and check that it worked and then deploy your actual change making use of the changes in application code. Which honestly isn't much different from ensuring that your BE changes and FE changes are compatible or made in the right order so that you don't get failed requests because an old FE happens to call a new BE node or vice versa :shrug:
Database resources
"Need too large of an instance" r3.4xl
We seem to have m5.large. That has 2 virtual cores. Some r5.larges etc. Their r3.4xl has 16?! So not sure what kind of load pattern they have :shrug:
Client Memory Bloat
Ruby ActiveRecord something
Yeah well, we don't have that, so not sure what to say :shrug: Definitely not a generalized reason to say "can't do, is too complicated for scaling".
Record Identification
One major drawback of schemas as tenants is that your sequence generators will reside independently in each tenant.
I respectfully disagree. This is a great advantage because it means just because you get more and more tenants (some of which churn and you throw away their data anyway) your identifiers don't grow past limits as easily. In fact, in most cases the identifiers never run out of runway at all.
They complain about "what if you need to join this data somewhere else, then you need to also add the tenantId". Yeah, so? We also have a data warehouse we we do just that. Not a problem at all. We also have other services than our main one, which do use different database technologies where we use tenant as part of the key (for loads that actually benefit from being in a NoSQL type DB) and there we do not have sharding other than what the NoSQL database does by itself so to speak by dividing the keyspace.
That's it. End of article. Basically, we have none of these issues. They don't mention their actual scale. The only number they mention is the "hundreds of schemas". We have more than ten times that number per physical shard and have tens of thousands of tenants total. Again :shrug: