I think calling it a RAM shortage is a bit incorrect. It is not like we are running out of raw materials or something else in the supply chain is broken. It’s shitty AI companies buying RAM that is not existing yet with money they don’t have. Unfortunately there’s no good term for that, I guess.
It’s called Imaginary Economics.
It tends to happen right before a capitalist system fails.
The reason RAM prices went up 4x is that a massive amount of not-yet-manufactured memory was bought with money that doesn’t really exist to be put into GPUs that haven’t been made yet, to be installed in data centers that haven’t been built, powered by infrastructure that may never exist, to satisfy demand that isn’t actually there, in order to generate profits that are mathematically impossible.
😎
Does this mean no smart fridges?
Coz that would be cool
On the bright side it’s being used to artificially prop up a technology that nobody actually needs or even really wants
