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At some point, someone has to take action against harmful behavior, right? In the last few years, we've seen tons extremely problematic behavior arise out of we
by void_mint 5y ago
At some point, someone has to take action against harmful behavior, right? In the last few years, we've seen tons extremely problematic behavior arise out of well-principled technology (all of social media, cryptocurrency, etc). Groups of people say "When will we do something?!?!?!", and then, when something is done, other people say "But the principle of ___!".
Sometime, someone has to do something about problematic behavior. The US government isn't going to do anything about it (as is evidenced by reality), but private companies are more than welcome to shape their products to match that company's intended vision for their product. Twitter didn't want fascist rants, Nvidia doesn't want all of their cards to be hoarded by crypto miners.
- cma 5y agoDo you really believe Nvidia is being an enforcer here to "take action against harmful behavior"? It's just price discrimination. They saw they were leaving money on the table. Unless they thought it a huge PR win to do it, it's probably not much different in motivation than the previous thing with them segmenting out datacenter use.
- behringer 5y agoAs a gamer, I'd much rather they take miner's money for miner's uses and leave me able to play games in my spare time.
- imbnwa 5y agoI can't believe this is so downvoted. So I, a gaming consumer, have to compete with bots every release because there's so much money in accommodating miner demand for the same cards? That's ridiculous
- katbyte 5y agoIt’s how I feel about getting a ps5, scalpers grab your all the inventory and I refuse to buy one from them so here I am just given up on a next gen consolfor the near future
- kyboren 5y agoNo, that's arbitrage.
- behringer 5y agoIs that a fancy word for scalping?
- kyboren 5y agoNo, scalping is a loaded word for reselling. This whole situation, and especially the anger at other market participants from people like you, is totally ridiculous. We know how markets work. NVidia is pricing their units at far below market value. What did you expect? Next you'll complain that water is wet and that the wind blows. NVidia could solve this problem immediately by correctly pricing their units. If they want to, they can even have a conditional rebate--or make special individualized offers--to subsidize targeted buyers who they believe are "legitimate" gamers. But instead they insist on continuing to mis-price their products. Shortages are the inevitable result.
- graynk 5y ago> We know how markets work Badly. They work badly. > But instead they insist on continuing to mis-price their products They are not mis-priced, they are already a pretty hefty buy. If the prices were to increase even further, _then_ it would be mis-priced, as no-one needs to spend this much on a videocard to play videogames. The fact that gamers have to compete with miners (for whom it's an investment) and AI researchers (for whom it's a job tool) does nothing to justify the purchase for the higher price
- kyboren 5y agoNo, they work very well. You just don't like it because other people are willing to pay more than you are. > They are not mis-priced They are mis-priced. The market value is much higher than MSRP, which you can see on e.g. eBay. There is nothing to justify here, it is simply an objective fact they are mis-priced.
- void_mint 5y ago> Do you really believe Nvidia is being an enforcer here to "take action against harmful behavior"? Nvidia has deemed crypto mining harmful to their brand and product and have taken action against it, so yes I do believe that. > It's just price discrimination And?