• bonenode@piefed.social
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    1 month ago

    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.

    • kingofras@lemmy.world
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      1 month ago

      It’s called Imaginary Economics.

      It tends to happen right before a capitalist system fails.

      • Victor@lemmy.world
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        1 month ago

        It tends to happen right before a capitalist system fails.

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

        • kingofras@lemmy.world
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          1 month ago

          It’s about to. The very nature of it, means you can only have a sample size of one.

          • Victor@lemmy.world
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            1 month ago

            And when do you predict this will occur? When should I have built my nuclear shelter so I know when to start building it?

            • kingofras@lemmy.world
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              1 month ago

              Too late for that I’m afraid. It already happened. It just takes a while before the [citation needed] folks understand that past performance is not a guarantee for future success.

              • Valmond@lemmy.dbzer0.com
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                1 month ago

                Lol sure, any time now, just one more year bro, just one more year and it will collapse bro, promise.

                Maybe the usa will collapse a bit (because those people are often americans that don’t know there are other countries out there) but that’s another story.

                • kingofras@lemmy.world
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                  1 month ago

                  I highly recommend staying ignorant honestly. It’s a much lighter burden to carry than seeing all the datapoints and seeing the collapse as a certainty. Have a good life, seriously.

                  • shneancy@lemmy.world
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                    1 month ago

                    if you want to be treated seriously maybe provide some proof instead of saying that you’re attuned to all datapoints and can therefore see the future lol

        • daddycool@lemmy.world
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          1 month ago

          It’s the biggest bubble seen to date. It has all the characteristics, and it will crash eventually.

      • BigDanishGuy@sh.itjust.works
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        1 month ago

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

        Keyword: used to

        I hope that it was worth it, and that America is great again. Let me just check some news articles… Oh my

    • Seefra 1@lemmy.zip
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      1 month ago

      Unfortunately there’s no good term for that, I guess.

      Market manipulation?

    • 0x0@lemmy.zip
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      1 month ago

      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.

          • Blue_Morpho@lemmy.world
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            1 month ago

            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.

            • 0x0@lemmy.zip
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              1 month ago

              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…

              • Blue_Morpho@lemmy.world
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                1 month 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.