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When richer people than you want things, those things can become unavailable to you (or at least less available). I really hope this bubble pops, all these inv
by palmotea 11mo ago
When richer people than you want things, those things can become unavailable to you (or at least less available).
I really hope this bubble pops, all these investors lose their shirts, and prices come down to something reasonable.
- Night_Thastus 11mo agoWhen it eventually does, they'll just come up with something else. Nvidia got a taste of inflated prices from the Crypto and then AI, and they're not going to just let that go. If nothing exists they'll make something and hype it endlessly to try to keep this going.
- thway15269037 11mo agoThen I sure hope Nvidia completely ceases to exist, like SGI, who, ironically, was decimated by Nvidia and cheap consumer hardware.
- Night_Thastus 11mo agoUnlikely. Unless some new technology comes around that completely invalidates existing GPUs and Nvidia cannot pivot to it quickly enough, there's just no way. They're too big, too rich, too powerful. They basically own the dedicated GPU market, with AMD holding maybe a piddly 10% at best.
- iamnothere 11mo agoBetter hope it’s not something like potable water. Not even joking.
- mfost 11mo agoThis mostly means richer people have too much money if they can do that. What's next, a new tech allowing you to turn food into money at a rate nobody can afford to eat anymore?
- GCUMstlyHarmls 11mo agoUniversal p̶a̶p̶e̶r̶c̶l̶i̶p̶ Money Machine. I'd probably read that short story.
- bilegeek 11mo agoOnce the bubble pops, there will be a recession, lots of regular people will lose their jobs and won't be able to afford anything even IF prices come down. They've got you coming and going.
- kelnos 11mo agoYup. As much as I am skeptical of AI and do believe this is a bubble, I don't want to see a repeat of ~2000.