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Everything is Meme if you frame it as such, so its nonsense to do so. GPU Shortage has nothing to do with Employee shortage. The GPU shortage is a symptom of

Everything is Meme if you frame it as such, so its nonsense to do so. GPU Shortage has nothing to do with Employee shortage. The GPU shortage is a symptom of clouds, crypto, consoles and more importantly Apple. Apple has so much buying power that they purchased the majority of fabrication capacity to sell you M1* chips. It doesn't matter what consumers want or do. As for Employers and wages - Individuals can actually choose to work for places that pay livable wages. There is nothing more important in a capitalist society than wages that afford you the ability to thrive in said society. If businesses can't pay those kind of wages, those businesses shouldn't exist. Workers are not socialized labor systems for private business profits.

newbie789 5y ago
> Workers are not socialized labor systems for private business profits. I love this phrasing and agree 100%. There are a lot of people in the comments to this story making convoluted partial analogies trying to argue against your point without actually saying the quiet part loud.
missedthecue 5y ago
"Individuals can actually choose to work for places that pay livable wages." This line of thinking would explain why one business with higher wages has an easier time recruiting and retaining employees than a business with lower wages, but I really don't understand this argument for a nationwide lack of hireable people. Is someone better off making $12 an hour or $0 an hour? Unless they've found someone to subsidize their life (relatives, governments, charities, etc...) earning nothing makes their life worse off than earning a lower wage than they might prefer.
- newbie789 5y ago
  > Is someone better off making $12 an hour or $0 an hour? I like how this gun-to-your-head reasoning only applies to workers and not companies. Are businesses better off staying closed indefinitely to avoid paying more than $12/hr? If your answer to that is “Yes”, then the “shortage” is among the demand for labor. The line of reasoning that corporations are simultaneously both hurting from staying closed and they don’t need workers that much doesn’t seem logical.
  - missedthecue 5y ago
    It absolutely applies both ways and I never implied it didn't. Many businesses don't have the cashflow to offer significant raises, it's not a matter of hating their employees. So they close altogether or operate at limited hours. For instance, most of the restaurants around me are not open near as much as they were in 2019 because they can't find the labor.
    - supernovae 5y ago
      My daughter makes 15 an hour rolling burritos. Why should restaurants that charge a lot more for meals pay their staff 2.19 an hour? My duaughter also gets tips split and its just icing on the cake vs something she has to bank. Meanwhile, at a lot of these restaurants that fail - the owners absolutely THRIVED while screwing over pay and once that scheme was busted, its not the employees fault for not wanting to be a part of it. This re-balance was long over due since the feds and states have not done much to keep up with livable wages themselves (at the pressue of businesses who said it would hurt them)
Beldin 5y ago
Crypto currencies' need for GPUs inherently outpaces their availability. That is literally baked in to these systems. You cannot sate the insatiable, even if Apple stopped eating.
- supernovae 5y ago
  right, but apple did throw sums of money around that the fabs couldn't refuse...

newbie789 5y ago

> Workers are not socialized labor systems for private business profits. I love this phrasing and agree 100%. There are a lot of people in the comments to this story making convoluted partial analogies trying to argue against your point without actually saying the quiet part loud.

missedthecue 5y ago

"Individuals can actually choose to work for places that pay livable wages." This line of thinking would explain why one business with higher wages has an easier time recruiting and retaining employees than a business with lower wages, but I really don't understand this argument for a nationwide lack of hireable people. Is someone better off making $12 an hour or $0 an hour? Unless they've found someone to subsidize their life (relatives, governments, charities, etc...) earning nothing makes their life worse off than earning a lower wage than they might prefer.

newbie789 5y ago
> Is someone better off making $12 an hour or $0 an hour? I like how this gun-to-your-head reasoning only applies to workers and not companies. Are businesses better off staying closed indefinitely to avoid paying more than $12/hr? If your answer to that is “Yes”, then the “shortage” is among the demand for labor. The line of reasoning that corporations are simultaneously both hurting from staying closed and they don’t need workers that much doesn’t seem logical.
- missedthecue 5y ago
  It absolutely applies both ways and I never implied it didn't. Many businesses don't have the cashflow to offer significant raises, it's not a matter of hating their employees. So they close altogether or operate at limited hours. For instance, most of the restaurants around me are not open near as much as they were in 2019 because they can't find the labor.
  - supernovae 5y ago
    My daughter makes 15 an hour rolling burritos. Why should restaurants that charge a lot more for meals pay their staff 2.19 an hour? My duaughter also gets tips split and its just icing on the cake vs something she has to bank. Meanwhile, at a lot of these restaurants that fail - the owners absolutely THRIVED while screwing over pay and once that scheme was busted, its not the employees fault for not wanting to be a part of it. This re-balance was long over due since the feds and states have not done much to keep up with livable wages themselves (at the pressue of businesses who said it would hurt them)

Beldin 5y ago

Crypto currencies' need for GPUs inherently outpaces their availability. That is literally baked in to these systems. You cannot sate the insatiable, even if Apple stopped eating.

supernovae 5y ago
right, but apple did throw sums of money around that the fabs couldn't refuse...