There’s also perhaps the beginning of an AI selloff happening this week. It turns out you can’t keep investing money into something that costs more than it makes forever. A simple economic reality means that this too shall pass.
There’s also the looming hammer over RAM and GPU manufacturers for price fixing. They’ve literally strong armed AI companies to buy chips that they don’t have the data centres or power supply to run yet, and by the time they do the chips will likely be obsolete.
There’s also perhaps the beginning of an AI selloff happening this week. It turns out you can’t keep investing money into something that costs more than it makes forever. A simple economic reality means that this too shall pass.
There’s also the looming hammer over RAM and GPU manufacturers for price fixing. They’ve literally strong armed AI companies to buy chips that they don’t have the data centres or power supply to run yet, and by the time they do the chips will likely be obsolete.
I’m investing in seed potatoes.
I’ll trade you some garlic bulbs and sweet potato slips.
We can make garlic fries and play emulated games on 5 year.old hardware for the next 4 years while we wait for the collapse.
Sign me up