That haven’t yet happened
People are going to eat this shit up for sure. At least the corporate companies will. They don’t know better.
If we have to play this bubble game, can we at least force them to build some renewable energy sources with their unlimited funds so when the bubble pops, we have some extra renewable energy available to the grid?
Pretty sure Trump banned woke energy
Wind and sun are for SISSIES, even if it’s CHEAPER! Nuclear plants are not antifa-woke, but my pal A.Jones says it makes everyone GAY. Drill baby, drill!
Bastard obviously wants to colonize Venezuela.
pretty sure they dont have the funds to build a power plant that is renewable, or a nuclear plant. thats why the cost of water/electricity is passed onto customers of electric and water companies.
This is peak bubble type shit.
So what will it do to memory prices if the AI bubble pops right now?
Three ideas, one, memory chip makers pivot back to their usual lanes (maybe we get a glut and prices drop). Two, memory chip makers sink and bought by new memory chip makers (maybe more competition). Three, memory chip makers implode and machines are lost (production loss and prices shoot up). Any of these options will probably result in prices remaining the same sadly.
Prices stay elevated but stop increasing, because, as we’ve learned from the “supply chain issues” of covid, prices must never come down even if the supposed cause of price increases is resolved.
Well, if this does come to pass then we’ll be getting a ton of cheap memory next year.
Except the memory they’re planning to manufacture is not the memory you can just slot into your pc.
Is this a gross exaggeration, or is the entire SaaS-to-hardware supply chain under such deep speculation right now?
It’s exaggerated, yes. It’s not gross.
It’s basically an arms race for a future AI war that probably won’t happen.
Sort of like how armies were bankrupting themselves building battleships before WW1… which turned out to not be a sea war at all.
The fear ‘losing out’ on AI is making companies, and people, totally irrational. All the big players are paranoid that one of the other ones is going to ‘get head’ of AI market and become a monopoly, just like it was in the past with Google and search, or Apple and the iphone, etc. So crazy stupid expenditures and these massive data center plans now are considered a necessity.
But you are correct the AI demand… simple isn’t there and probably won’t materialize and the bubble will collapse.
Sort of like how armies were bankrupting themselves building battleships before WW1
An interesting little tidbit: in 1912, 52% of Germany’s entire military budget went to the navy. The same navy that spent WWI shelling small coastal villages (killing tens of people) and fleeing from the British navy.
all the big players are paranoid that one of the other ones is going to “get head”
Imagine being worried that someone else is getting a BJ.
low exaggeration, imo.
This is mostly an excuse for extortion right now, making people FOMO for ram instead of Luigi’ing the industry execs. If the AI FOMO demand actually materializes, the next generation cards will actually be far more expensive per flop/gb than older ones. NVIDIA wouldn’t be begging to sell chips to China instead of Americans/colonies, if there was demand.
It’s all too crazy, but those who FOMO will lose out. AI/LLMs will continue improving, but waiting for oversupply is the right play.
Probably no other world in the multiverse has warehouses for things which only exist in potentia, but the pork futures warehouse in Ankh-Morpork is a product of the Patrician’s rules about baseless metaphors, the literal-mindedness of citizens who assume that everything must exist somewhere, and the general thinness of the fabric of reality around Ankh, which is so thin that it’s as thin as a very thin thing. The net result is that trading in pork futures—in pork that doesn’t exist yet—led to the building of the warehouse to store it in until it does.
Terry Pratchett, Thud!
That’s so freaking funny. Pratchett was just so good.
If I recall correctly that’s the same warehouse that later supercools a golem, making him very smart for a bit.
Sargent Detritus the troll… he ends up making a cooling system in his helmet in later books
Ah right that makes sense, thanks! Something was nagging at me earlier, about the Golems being hollow and following the paper in their head, so it didn’t make perfect sense. I forgot the trolls were made of rock!
Pratchett was just so good.
Man left this plane of existence before the techbros enshittified it.
GNU Terry Pratchett
But how else can we break the 1000KG barrier for obese hang-gliding enthusiasts? Or grannies taunting gorillas?
Huh tough guy? Answer meeeee!!!
Futures and unrealized capital gains are more addictive than nicotine
Remember folks, since the end of COVID another greedy cork sucker is crowned next billionaire every 30 hours.
The number of billionaires in the USA has nearly and will shortly eclipse double the number there were before 2020. How did they do that, you fucking know. By pretending they would die and their children would get AIDS if they didn’t raise the price of every single product on the planet exorbitantly and without need to increase already skyrocketing year to year profitability. These greedy bastards not only did this, they want to kill all of us who they fleeced before we wake up to the facts.
TOO LATE
They never learn, can’t self regulate and won’t give a flying fuck until presented with a French solution
Like Ford stopping producing batteries for their own cars (byd says thanks) in order to convert the factory for datacenter-class batteries
The grift is so clear.
Bubble’s gotta bubble.
Someone wrote this, only to have their byline edited away.
profits that won’t happen
I have yet to see speculation as to how the bubble survivors make a profit. At this point I think AI is being pushed to keep propping up the US economy.
You’re not alone in thinking that. The US economy is growing but all of that is allocated to 5 companies, and in any case the owners of that equity aren’t a majority median income earners. We’ve essentially decoupled the economic health of the common person, who would actually spend on the bubble survivors, from the overall “strength” of the US economy.
An interesting discussion on that thought about halfway through this - https://www.ft.com/content/bd6545dc-41b7-42db-af77-b2f32a1c9ae1
That’s a great question Shalafi! The answer is government mandated pillow talks to your AI companions. Would you like me to provide todays’ topics in advance?
The frustration is valid, but it’s less ‘AI is dumb’ and more ‘markets chasing hype create weird shortages.
