• bonenode@piefed.social
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    3 months 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.

    • 0x0@lemmy.zip
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      3 months 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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            3 months 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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              3 months 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…

    • Seefra 1@lemmy.zip
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      3 months ago

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

      Market manipulation?

        • Rothe@piefed.social
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          3 months ago

          They are creating staggering shortsighted profits, so yes, they are doing that. And of course ignoring what a bubble does in the long run.

      • BigDanishGuy@sh.itjust.works
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        3 months 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

    • dust_accelerator@discuss.tchncs.de
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      3 months ago

      I like electron finance

      Their exact location cannot be pinpointed; instead, they exist in a probability cloud where they are likely to be found at any given time.

      That’s what this hype cycle is founded on. If I lend you $5, you have $5 you can lend further. Now, we each still have a right to $5, so we can lend that debt obligation again for $4.50. Now we have, somehow, a market value of $19.

      Until someone looks, then it’s probably 0.

    • kingofras@lemmy.world
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      3 months ago

      It’s called Imaginary Economics.

      It tends to happen right before a capitalist system fails.

        • vaultdweller013@sh.itjust.works
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          3 months ago

          People can see the trends and see how it will probably break down in some way, the problem is that the market can stay irrational longer than we can stay solvent. It helps that these dipshits seem to have forgotten that money equals abstract resources and creating new resource issues that’ll certainly put pressure on them in a more direct way either through legislation or via sabotage of required infrastructure.

        • daddycool@lemmy.world
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          3 months ago

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

      • BreakerSwitch@lemmy.world
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        3 months ago

        Is this a thing? Because what comes to mind for me is “the market can remain irrational longer than you can remain solvent,” which just happens sometimes

      • Victor@lemmy.world
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        3 months ago

        It tends to happen right before a capitalist system fails.

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

          • Cocodapuf@lemmy.world
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            3 months ago

            So you’re saying which empires/systems exactly then?

            Spain perhaps? The Holy Roman empire?

            • Venator@lemmy.nz
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              3 months ago

              I was averaging roman, British and Mongolian empires, based on Google AI summary, so take that with a pinch of salt 😅 🧂

          • Victor@lemmy.world
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            3 months 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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              3 months 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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                3 months 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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                  3 months 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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                    3 months 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

    • anomnom@sh.itjust.works
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      3 months ago

      Supply monopolization?

      Consumer fraud?

      Sherman Act cartel market manipulation.

      Section 1 of the Sherman Act prohibits price fixing and the operation of cartels, and prohibits other collusive practices that unreasonably restrain trade.