Of course, not all the companies survive and now there’s decreased competition, so we can shove prices up a little bit further
you know when the bubble pops and they no longer have AI companies buying RAM they will switch back to consumers and keep the high prices.
DScratch@sh.itjust.works 2 weeks ago
SocialMediaRefugee@lemmy.world 2 weeks ago
Absolutely
Bronzebeard@lemmy.zip 2 weeks ago
Keeping prices above what people are willing to buy for, while the majority of their business goes bust, is not a recipe to stay in business.
ferrule@sh.itjust.works 2 weeks ago
But consumers are stupid. when they start selling ram again at a high price we should all boycot buying computers. instead a lot of people will just accept the new price. we saw it after the pandemic, people just accepting prices instead of holding fast and forcing prices down.
Bronzebeard@lemmy.zip 2 weeks ago
You’re saying this as a comment on an article about how drastically sales have already dropped due to the price increases…
ferrule@sh.itjust.works 2 weeks ago
I am talking about when the price is no longer based supply. When we see their market bottom out on AI one would expect to see the price drop. But looking at recent history these massive companies keep the price high because consumers see it as the new normal.
Consumers will find a way to eventually afford this price bump when its not food, shelter or medical care. It just takes a little longer when it is not a necessity.
underisk@lemmy.ml 2 weeks ago
if they’re still around when the financial shell game they’re playing finally comes to a stop. who am i kidding the government will bail them out.
floofloof@lemmy.ca 2 weeks ago
Using your money.
underisk@lemmy.ml 2 weeks ago
if the US government were actually funded by taxes, everything the government does would be with “my money”
Nalivai@lemmy.world 2 weeks ago
Well, if you’re a citizen, the country is yours, and the government is there to manage it, but some assholes in power managed to convince people that it’s the other way around
Rinox@feddit.it 2 weeks ago
Even if the government is funded by money printed by the central bank, it would still be funded with “your money”. Every dollar printed dilutes your money by that same amount, ie it’s like a much more subtle tax that doesn’t follow any of the principles of proportionality, everyone pays the same (except those with little to no liquidity and everything invested, so it’s really a tax on the poor through inflation)
SocialMediaRefugee@lemmy.world 2 weeks ago
Profits for me, losses for thee
mesamunefire@piefed.social 2 weeks ago
That only works if we (the collective we) have more money. If a rich person has more $$ than a small country that means the effect we have is equivalent.
That’s why micron is doing what its doing. We are no longer the customer. They voted for us.