Yeah, but in the short-term there's $600B/yr of debt-financed depreciating capital investments waiting to financially blow up.
replyIf you zoom out to the year 2100, it becomes a little pimple on the economy that is ready to pop, but in the here and now it can cause a lot of damage to real people's wages and finances over the next 3 years.
Lots of stuff in the zirp era was cheap when it was new and increased in price over time though. Look at grubhub fees or etc.
reply> Lol I feel like no one has any attention span here. Tech shit is expensive in the beginning when it's new. It gets cheaper with time.
replyThe funniest comment here. Have you seen the prices of the technical shit for the past two years? Dang, GPUs are not getting any cheaper, but more expensive with each year.
brother its been 1 year since claude code released. how fast are you expecting these things to happen? the physical world and hardware are still constraints. someone has to dig shit out of the ground to build these things.
replyThat's an artificially inflated market. OpenAI and xAI bought everything for like two years into the future, partly to inflate the AI bubble, partly to lock-in a monopoly on the kinds of compute you need for AI, and partly to scale up actual operations. They can't realistically keep buying all the RAM in the world forever, the money has to run out eventually (though the market can remain irrational for quite a long time and can keep giving OpenAI and Apartheid Clyde money well past the point of reason).
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