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.
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.
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.
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
Section 1 of the Sherman Act prohibits price fixing and the operation of cartels, and prohibits other collusive practices that unreasonably restrain trade.
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.
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.
It’s called Imaginary Economics.
It tends to happen right before a capitalist system fails.
How often does this happen that we can claim this correlation? 🤔
About once every 350 years… With a sample size of 3… 😅
Better than no samples I guess!
It’s about to. The very nature of it, means you can only have a sample size of one.
And when do you predict this will occur? When should I have built my nuclear shelter so I know when to start building it?
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.
I’m not holding my breath.
We’ve been hearing about an AI crash practically since the hype train started.
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.
It’s the biggest bubble seen to date. It has all the characteristics, and it will crash eventually.
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
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
Yes there is: it’s a Ponzi scheme (AI companies will fail when they get no new funds to pay off the stockholders)
Are they paying off stockholders?
The term was well established centuries ago.
FRAUD
Supply monopolization?
Consumer fraud?
Sherman Act cartel market manipulation.
Market manipulation?
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.