New details reveal that former NVIDIA CEO Jensen Huang used circular financing to fund AI startups and absorb excess TSMC wafers and memory rather than letting GPU prices drop
While Jensen can’t be faulted for making these moves because he was keeping the best interests of the company in mind, it’s a stab in the back for gamers and hardware owners who are unable to locate any mouth-watering deals for GPUs or memory because of the perceived shortage.
I really dislike this final paragraph. In one sentence, it both attempts to absolve Jensen of all fault in the current shortage, and frames gamers and hardware enthusiasts as entitled babies crying about the lack of amazing sales. Rather than the reality of high-end GPUs requiring you to take out a loan at this point, if you can even find one. I don’t need a “mouth-watering deal”, I’ll settle for affordable, thanks.
Crazy final paragraph. The whole article is about Nvidia has artificially created scarcity for its products by funding AI start ups to buy it’s products.
It is effectively buying back its own products. This alongside the circular payment systems between AI companies and Nvidia is destined to end very very badly. It can only work while the market grows and share prices go up. It is destined to be one catastrophic collapse when things go the other way.
Few groups have been bigger apologists for their corporate abusers than capital-G Gamers. They would have followed Nvidia into hell itself so long as Huang blew even the thinnest wisps of smoke up their unwashed asses. Discovering that their hardware suppliers have only ever used them for their money has seriously hurt their egos and broken their brains.
It’s like Gamers thought they were dating the most popular kid in school, only to discover that they were only hanging out with Gamers because Gamers’ mom had an old Mustang that she like them drive. Now they’re dating someone rich college student who owns a Porche, and they’re not returning Gamers’ calls, and they’re going through all of the phase of teenage grief.
I mean bootlicking aside, they’re not wrong. Jensen’s a corpo and they will always chase profits. Sometimes stooping to borderline illegal maneuvers like this price fixing thing or the ram cartel. In an ideal world these fuckers would get prosecuted and do jail time, but as it stands we are somewhat at their whims. That’s why I don’t get this entitlement with affordable gpu’s - they’re high tech components and for a while they were more affordable but gamers are no longer the most profitable market so yhings change. There was no “betrayal” and no “abandonment” because no one owes gamers anything, just like they don’t owe the companies anything. Shit’s bkt affordable? Short of a class action lawsuit, tough luck, adapt and move on, because it looks like we’re heading back to the gpu wild west of the late 90s.
I really dislike this final paragraph. In one sentence, it both attempts to absolve Jensen of all fault in the current shortage, and frames gamers and hardware enthusiasts as entitled babies crying about the lack of amazing sales. Rather than the reality of high-end GPUs requiring you to take out a loan at this point, if you can even find one. I don’t need a “mouth-watering deal”, I’ll settle for affordable, thanks.
Be nice, fraud was in the company’s best interest
Crazy final paragraph. The whole article is about Nvidia has artificially created scarcity for its products by funding AI start ups to buy it’s products.
It is effectively buying back its own products. This alongside the circular payment systems between AI companies and Nvidia is destined to end very very badly. It can only work while the market grows and share prices go up. It is destined to be one catastrophic collapse when things go the other way.
This is only possible because the stock market is a fucking Ponzi scheme
Capitalism hurt itself in its confusion!
Few groups have been bigger apologists for their corporate abusers than capital-G Gamers. They would have followed Nvidia into hell itself so long as Huang blew even the thinnest wisps of smoke up their unwashed asses. Discovering that their hardware suppliers have only ever used them for their money has seriously hurt their egos and broken their brains.
It’s like Gamers thought they were dating the most popular kid in school, only to discover that they were only hanging out with Gamers because Gamers’ mom had an old Mustang that she like them drive. Now they’re dating someone rich college student who owns a Porche, and they’re not returning Gamers’ calls, and they’re going through all of the phase of teenage grief.
And don’t forget tech “reviewers” like Linus who badmouth Nvidia and then only show their fucking GPUs in every video that isn’t an AMD benchmark
NAILED. IT. I’d love all the people who feel they have a right to video cards explain that to a Palestinian orphan.
Why should anyone explain that to a dead kid?
TIL no matter what you do it’s always justified as long as you’ve had your company’s interest on your mind
That is exactly what the tobacco and oil companies have been arguing for decades.
Killing your customers or the planet are much less important things than constantly increasing corporate revenue.
I mean bootlicking aside, they’re not wrong. Jensen’s a corpo and they will always chase profits. Sometimes stooping to borderline illegal maneuvers like this price fixing thing or the ram cartel. In an ideal world these fuckers would get prosecuted and do jail time, but as it stands we are somewhat at their whims. That’s why I don’t get this entitlement with affordable gpu’s - they’re high tech components and for a while they were more affordable but gamers are no longer the most profitable market so yhings change. There was no “betrayal” and no “abandonment” because no one owes gamers anything, just like they don’t owe the companies anything. Shit’s bkt affordable? Short of a class action lawsuit, tough luck, adapt and move on, because it looks like we’re heading back to the gpu wild west of the late 90s.