posted in Technology
RAM to see 'meaningful price increases' before 2026 is out, as the memory crisis is predicted to last 'at least' another 3 years
www.techradar.com/computing/memory/ram-to-see-meaningful-price-increases-before-2026-is-out-as-the-memory-crisis-is-predicted-to-last-at-least-another-3-yearsReplying to @qImPMgxRpOZiUbxz4hWq@lemmy.world
Can we just observe what a bizarre fucking moment we are living in?
Everyone knows the collapse of the AI bubble is imminent and most of those people know it’s going to be the proximal trigger for a global financial collapse and at the very least a long recession.
Everyone knows except the people who are investing billions of dollars into AI and their press.
Replying to @schipelblorp@sh.itjust.works
Here’s the thing about bubbles - when people believe that collapse is imminent, they hold back and don’t dive in. It is only when the overwhelming majority believe that this new thing can’t lose, is going to change the world, and that we are in a “new paradigm” where the old rules don’t matter, that the bubble has peaked and collapse is imminent. We’ve probably got another year or so before collapse. Too many people are still skeptical.
Replying to @N0t_5ure@lemmy.world
I think this bubble is a bit different and not really reliant on the general public’s view or support. They will attempt to ram this down our throats, with violence where necessary, because the more buy-in the better, but the clock is already ticking because they made promises of profit they cannot keep and when the debt comes due they will not be able to pay
Replying to @Slowy@lemmy.world
They know their promises cannot be kept. They are building a surveillance state for the government. When the bubble bursts, the government will swoop in and bail them out because they are too big to fail and hand over most of these AI resources to the US government.
Replying to @Slowy@lemmy.world
Bond market already knows. But this time it’s an ugly double whammy as it’s both the AI companies and the US government that won’t be able to pay their debt, and they are interlinked.
Replying to @YouTalkinToMe@lemmy.world
If it comes to it, the US is constitutionally barred from just defaulting on its debts. And the US government can just print more money. Which will massively devalue the USD, tanking the economy and killing their ability to borrow more in the future, but it’ll still technically allow them to pay off the current debt.
Replying to @KeithD@lemmy.nz
Technically, yes - but not in a way that foreign investors would want to lend any more money in the future.