Thread

1. glimshe · 1790712211 · focus · HN ↗

   Should we blame this on memory companies or the AI companies bidding for memory? How should the memory companies have acted differently?

   1. swdev281634 · 1790713778 · focus · HN ↗

      I think the epic mistake was made by investors and executives who bought tales about imminent super-intelligence about to displace millions of knowledge workers from entire industries replacing them with AI datacentres.

      These people are the main reason why AI companies have unlimited funding, and can afford to buy global RAM supply for years in the future despite their expenses exceed revenue by billions.

      1. amelius · 1790715034 · focus · HN ↗

         The main tool to fix this is to forbid companies to sell below cost price. It is part of antitrust law.

         1. SlightlyLeftPad · 1790729780 · focus · HN ↗

            antitrust law can be a great tool if the government actually uses it for enforcement, which it hasn’t been because it causes parties to lose elections.

            1. amelius · 1790766839 · focus · HN ↗

               Which is weird because how is "making a pile of money of billions of dollars to put millions of people out of a job" not worth an antitrust case?

               1. SlightlyLeftPad · 1790827973 · focus · HN ↗

                  It’s not worth an antitrust case when the people who have the power to stop an antitrust case gain a significant percentage of that pile of billions of dollars but I find it depends on who you ask.

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