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Memory Companies Have Destroyed the Consumer Market

121 points · 105 comments · DeepLogin

  1. pitchlatte · · focus · HN ↗
    nvidia investing in every aspect of the hype cycle is terrifying. as an ai skeptic i almost don’t want the bubble to burst anymore, i don’t know if the economy can recover at all. perhaps a new economic paradigm will emerge, but if so, the transition is going to be rough.
    1. xphos · · focus · HN ↗
      The economy always recovers because the value in society is create by people existing and wanting things. The people won't stop existing or wanting things and eventually they just will believe something new is valuable and the economy will recover and grow. Because nothing material was lost just numbers in the spreadsheet. The recovery will be rough though your right about that.
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