That is the perfect metaphor for the current situation!
Comment on RAM shortage chaos expands to GPUs, high-capacity SSDs, and even hard drives
Rothe@piefed.social 2 weeks agoSo far they are sustaining each other in a giant circle jerk of investments. It is only going to implode when they run out of money, and the problem is they have a mindbogglingly huge amount of money.
sns@lemmy.dbzer0.com 2 weeks ago
XLE@piefed.social 2 weeks ago
Call me cynical, but I believe that companies might be happy keeping the prices high if it means they can shuffle consumers onto computers as a service. Maybe wasted silicon will end up being good for business.
panda_abyss@lemmy.ca 2 weeks ago
This doesn’t seem long term viable.
they would have to massively expand the amount of compute once the current boom ends, otherwise someone like micron will go back to consumer RAM. Micron and nvidia won’t profit long term once the demand for new data centres drops.
jaybone@lemmy.zip 2 weeks ago
I suppose that’s their only pivot once they have all this hardware in their shit ai data centers and they finally realize they have to bail on worthless ai shit.