You won't get the GPUs. Most of the AI hardware is not usable to you. They didn't just sell all the desktop RAM and GPUs to AI companies, they dedicated most of the production to data center hardware that you can't use. Relief isn't coming, what you need doesn't exist.

Federal Reserve hasn't raised the interbank lending rate yet. So speculation over values 60 year domination schemes over actual consumer value vs cost now.

As long as you give banks artificially cheap loans with money printed on demand, the bubble can keep going and they can fund R&D we will regret later. Regret it because it doesn't need to satisfy a customer or use only a reasonable amount of resources. It just has to attract investors with the promise that it will attract investors with the promise that it will attract investors. It doesn't need a customer when you've messed with interest rates.

Your econ class only told you lowering interest rates increases jobs in the short term. It didn't tell you why. It adds jobs doing less strictly productive things. Long term all economies tend to the same employment level anyway. And long term lowered interest rates tend a market toward bullshit. We get more work but less consumer satisfaction. That's really to say the cost of living goes up with respect to an hour of work. And you have to compete as a consumer for resources with firms that have access to infinite cheap money.

Even if the AI bubble collapses tomorrow (it won't), to see lower consumer prices you would either need old stock to be marked down or the fabs that are currently making AI cards to switch to making gaming cards and those cards to be manufactured and come through the market. That will take months. Not only does the bubble need to pop, but everyone involved needs to believe and accept that it has popped, otherwise they will continue to keep prices high and AI production high in the hope that their plans remain correct.

Remember that it's psychologically much harder to accept making a less money than you thought, which happens when you mark down prices, compared to making more money than you thought, which happens when you mark up prices! This is why prices tend to be "downwards sticky" and so, instead of going down when demand drops/supply improves, they instead tend to stagnate while other prices continue to rise gradually with inflation.

The bubble popping probably won't help since they've stopped making consumer hardware altogether.

I don't wanna rent the hardware for my instance forever :(

Cons: Will probably lose my job and 401k.

Pros: Might be able to afford a video card by picking up a few extra shifts giving handjobs behind the Wendy's dumpster.

Remember how the housing bubble never popped?

Can't wait to buy some god damn HDDs for my NAS when this is all over. Let the prices crash baby.

Will be interesting to see what the community does to the over-abundant vector matrizes calculators. Probably run DOOM on.

At this point, I'm not sure it will crash anymore. Reasonably it should have crashed months ago! Why didn't it?

I doubt that we will get much better prices when the bubble crashes.

How long is this going* to take?

@cm0002 No good answer for RAM right now but with respect to GPUs, consider Intel Arc. I purchased a B50 Pro for a whole of $300, it's turned out to be a reasonably solid performer. I have SR-IOV working on it now a vf for a windows vm, and one for LLAMA inference, I'm using a mamba model so unlike the big boys my LLM learns on the fly. And this thing draws a whole of 50 watts so you don't need your own nuclear power plant to run it.