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The RAM shortage is coming for everything you care about (www.theverge.com)
submitted 6 months ago by to c/technology@lemmy.world
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[+] 327 points 6 months ago* (last edited 3 months ago) (11 children)
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  • [–] 141 points 6 months ago (6 children)

    It’s called Imaginary Economics.

    It tends to happen right before a capitalist system fails.

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  • [–] 73 points 6 months ago (18 children)

    It tends to happen right before a capitalist system fails.

    How often does this happen that we can claim this correlation? 🤔

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  • [–] 34 points 6 months ago (2 children)

    About once every 350 years... With a sample size of 3... 😅

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  • [–] 7 points 6 months ago (2 children)

    I'm not holding my breath.

    We've been hearing about an AI crash practically since the hype train started.

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  • [–] 7 points 6 months ago

    People can see the trends and see how it will probably break down in some way, the problem is that the market can stay irrational longer than we can stay solvent. It helps that these dipshits seem to have forgotten that money equals abstract resources and creating new resource issues that'll certainly put pressure on them in a more direct way either through legislation or via sabotage of required infrastructure.

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  • [–] 43 points 6 months ago (1 child)

    Yes there is: it's a Ponzi scheme (AI companies will fail when they get no new funds to pay off the stockholders)

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  • [–] 33 points 6 months ago

    I like electron finance

    Their exact location cannot be pinpointed; instead, they exist in a probability cloud where they are likely to be found at any given time.

    That's what this hype cycle is founded on. If I lend you $5, you have $5 you can lend further. Now, we each still have a right to $5, so we can lend that debt obligation again for $4.50. Now we have, somehow, a market value of $19.

    Until someone looks, then it's probably 0.

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  • [–] 22 points 6 months ago (1 child)

    It's a racket, plain and simple. There used to be laws against this sort if thing.

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  • [–] 2 points 6 months ago (2 children)

    It’s shitty AI companies buying RAM

    It's greedy manufacturers selling it all to them in the first place and other market segments be damned.
    I'm no AI fan but the manufactures aren't angels either.

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  • [–] 2 points 6 months ago (1 child)

    If your boss offered you a raise for the same work, would you turn it down?

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  • [–] 0 points 6 months ago (1 child)

    Not the same.

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  • [–] 1 point 6 months ago (1 child)

    The money is fixed. You getting a raise means the money has to come from somewhere- which means the boss taking a pay cut or the customers paying more.

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  • [–] 0 points 6 months ago (1 child)

    Still not the same, i don't work for any of those manufacturers - and if i did i sure as hell wouldn't care if their CEOs got a paycut to benefit the consumers. Won't someone please pity the CEOs...

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  • [–] 1 point 6 months ago

    I'm referring to the relationship between someone offering you more money for the same work the difference of which gets passed on to consumers.

    A few consumers are going to a business and offering more money for the same work. The consumer is the business's boss just like your boss might offer you more money. You aren't going to turn down the raise because it will hurt other consumers just like the business isn't going to turn down the money even though it will cost other consumers more.

    and if i did i sure as hell wouldn’t care if their CEOs got a paycut to benefit the consumers

    I brought that up because that wasn't going to happen. If you get a raise, your boss isn't going to take a paycut to make it happen. The raise comes from the consumers.

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