Back in the 1990s I paid over $500 for 16MB of ram. A production facility somewhere in Asia had burned down and ram high priced for almost a year. A month earlier and the entire computer would not have cost that much. Even though I am not hopeful I am boycotting AI. Actually AI is not artificial intelligence it is more like computerized lying.
Preserving employment is not a meaningful goal. Jobs go away or change all the time. Between 1970 and 2010, average worker, be them blue or white collar, became 10x more productive. Do we work 3days a month for a full salary now? Ok we work just as hard but do we live better and more equally?
On free-market economy, every kind of development, every kind of change ends up screwing over working people and benefiting the wealthy. We need to work on changing the way we organize society at a more fundamental level. If it wasn’t generative model bubble it would be another bullshit bubble, it will never end unless working masses decide to take some direct action.
Nope. We’ll have massive job losses as companies pivot away from billions invested into AI. Couple that with a significant Great Recession, we’re in for very very dark times when the bubble pops.
Reduce your spending, save as much money as you can, and prepare yourself.
I agree that the military will always pay up, but you know that the bubble can pop without all companies going under, right? Have you heard of the dot com bubble, for example? There are plenty of those companies around still, and yet, the bubble popped.
To be clear, I’m not claiming this bubble would be identical. All I’m saying is that not all companies would have to go under for it to pop. It’s really the (wealthy) shareholders that get to decide when to pull the money, and that’s what would cause a bubble to pop, not pure revenue. Shareholders want a return on investment, which is something that hasn’t really happened yet (other than the circlejerk between big companies, I suppose).
I’m not so sure about that. Businesses rarely drop prices when the demand that raises them abates. And a lot of people are going to get fired when the bubble pops.
Problem with the employee situation is, companies adapt to the lower cost. Later if they need more employees, they will hesitate to hire them, because it will increase cost again.
Pretty much expected, but anything bringing more supply to the market, from a different reseller who will want you to buy their stuff instead of someone else’s, will help here. It’s a force that’ll pull down the price more in time.
Honestly, I expect RAM prices will plummet in the future. Basically every RAM manufacturer has announced huge factory expansions, the disastrous consumer market is legitimizing these Chinese competitors that are improving and growing quickly, and I can’t imagine the AI demand is permanent. Companies will get tired of spending a fortune on replacing GPUs before they’ve even come close to earning back their cost, and the market will be flooded with supply for a while.
RAM has gone through this cycle several times before, with all the collusion and price-fixing those companies do. If anything, these Chinese companies outside of the existing manufacturers should make a permanent improvement in the market, assuming they don’t just lobby our governments into banning them for nonsensical “security concerns”.
I think the hope is that China will ramp up production and improve upon on their own RAM modules in response to the scarcity and price hikes. They still depend on a lot of foreign tech for their own manufacturing, so it’s not gonna happen over night.
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Back in the 1990s I paid over $500 for 16MB of ram. A production facility somewhere in Asia had burned down and ram high priced for almost a year. A month earlier and the entire computer would not have cost that much. Even though I am not hopeful I am boycotting AI. Actually AI is not artificial intelligence it is more like computerized lying.
Boycotting AI and finally popping that bubble will lower RAM prices. And energy prices. And it will preserve employment…
Preserving employment is not a meaningful goal. Jobs go away or change all the time. Between 1970 and 2010, average worker, be them blue or white collar, became 10x more productive. Do we work 3days a month for a full salary now? Ok we work just as hard but do we live better and more equally?
On free-market economy, every kind of development, every kind of change ends up screwing over working people and benefiting the wealthy. We need to work on changing the way we organize society at a more fundamental level. If it wasn’t generative model bubble it would be another bullshit bubble, it will never end unless working masses decide to take some direct action.
Nope. We’ll have massive job losses as companies pivot away from billions invested into AI. Couple that with a significant Great Recession, we’re in for very very dark times when the bubble pops.
Reduce your spending, save as much money as you can, and prepare yourself.
There is no boycotting and the bubble will never pop.
Militaries and businesses are going to use AI no matter what. They will pay for it with the money we give them.
I agree that the military will always pay up, but you know that the bubble can pop without all companies going under, right? Have you heard of the dot com bubble, for example? There are plenty of those companies around still, and yet, the bubble popped.
To be clear, I’m not claiming this bubble would be identical. All I’m saying is that not all companies would have to go under for it to pop. It’s really the (wealthy) shareholders that get to decide when to pull the money, and that’s what would cause a bubble to pop, not pure revenue. Shareholders want a return on investment, which is something that hasn’t really happened yet (other than the circlejerk between big companies, I suppose).
They will pay for it with the money
we give themthey extract from us by force.No one will boycott if the 5 richest people in the world says it needs to be there
Besides, they circle jerk maintain the whole fucking thing.
I’m not so sure about that. Businesses rarely drop prices when the demand that raises them abates. And a lot of people are going to get fired when the bubble pops.
Problem with the employee situation is, companies adapt to the lower cost. Later if they need more employees, they will hesitate to hire them, because it will increase cost again.
Pretty much expected, but anything bringing more supply to the market, from a different reseller who will want you to buy their stuff instead of someone else’s, will help here. It’s a force that’ll pull down the price more in time.
Honestly, I expect RAM prices will plummet in the future. Basically every RAM manufacturer has announced huge factory expansions, the disastrous consumer market is legitimizing these Chinese competitors that are improving and growing quickly, and I can’t imagine the AI demand is permanent. Companies will get tired of spending a fortune on replacing GPUs before they’ve even come close to earning back their cost, and the market will be flooded with supply for a while.
RAM has gone through this cycle several times before, with all the collusion and price-fixing those companies do. If anything, these Chinese companies outside of the existing manufacturers should make a permanent improvement in the market, assuming they don’t just lobby our governments into banning them for nonsensical “security concerns”.
I think the hope is that China will ramp up production and improve upon on their own RAM modules in response to the scarcity and price hikes. They still depend on a lot of foreign tech for their own manufacturing, so it’s not gonna happen over night.
Right yeah we gotta wait for the production to ramp up
Bought 48GB at 270€ of crucial 5600MHz yesterday on amazon. It made the price jump to 460€ after my purchase
So it’s all your fault then?
Guys, get him!
Yeah, it’s a global commodity, like oil but without the petrodollars.