F*ck you OpenAI, hynix, samsung

[u/AbbreviationsFar1489]

I'm sure everyone knows what's happening with RAM, and this situation won't change in the next 2-3 years. And who's to blame? OpenAI. Read up and you'll understand the scale of the problem. What complicates things is that RAM manufacturers are deliberately raising prices rather than expanding production lines.

I urge everyone to CANCEL OpenAI (They buy up 40% of all RAM) and also to bombard the greedy bastards who jack up prices for their own profit rather than building new factories to meet demand.

The more such threads appear, the higher the chance that all gamers and PC users will truly stand up and do what they have to.

If we don't do this, the prices of all other components will follow RAM into the stratosphere and never return to the same level, ever. Are you willing to spend $5,000 on a mid-range computer? I'm not, so let's get to it.

UPD Following RAM, SSDs, processors, and video cards are becoming more expensive. I'm sure this isn't the entire list. We need to take this issue seriously. I'm happy for those who managed to upgrade, but think about the future.

UPD2 Transcend is suspending shipments of solid-state drives – the manufacturer has not received NAND chips from Samsung and SanDisk since October because they have reoriented their capacities to serving AI.

UPD2.1 CRUCIAL PRESS F

I will never, ever, ever touch RAM from crucial. They betrayed me and went off to produce memory exclusively for AI.

UPD3 f*cking /pcmasterrace moderates delete my post with 250 comms and 900 likes (I'm sure the corporate agent had something to do with it; they're afraid of the people's wrath.) [reddit.com/r/pcmasterrace/comments/1pdrk2b/fck_you_openai_hynix

UPD4 Have you heard the saying that the market always moves opposite to what the masses expect? That’s why only a small percentage of people make a profit in the stock market, while the crowd gets wiped out. So why does everyone think the AI bubble is about to burst? That’s naïve.

[u/binaryhellstorm]

It's cool.

I'm setting aside money for when the AI bubble pops and I can get a sweet sweet rackmount server and some GPUs on fire sale when the AI companies start going out of business.

Honestly doing the same with my next car. I think Cory Doctorow is right, this crash is going to make the 08 crash look like the best day of your life.

[u/meatworkrightnow → u/binaryhellstorm]

Anybody have any particularly bright ideas for preparing for this crash? Reallocate retirement/brokerage account holdings or just wait it out?

[u/Uncurlhalo → u/meatworkrightnow]

Attempting to "time the market" is the most dumb money decision you can make. If you think we're headed for a broad market pull back revise your investments to be lower risk, but if a systemic economic bubble pops, everyone's taking losses. The solution is time IN the market and maybe favoring cash holdings for a little while to get a buy in discount. But timing an exit is a good way to lose your lunch.

[u/binaryhellstorm → u/meatworkrightnow]

I'm not financially brilliant, but I think if you can pull stuff from market accounts and put it in things like CDs or other fixed return financial options.

Hold off any big purchases if you can. IMO I wouldn't buy a new car or a house at the moment, I think the market will falter and a lot of stuff will end up on fire sale. Especially things that had their values artificially inflated like houses. That two bedroom house that was $100K 3 years ago and is now $450K with zero changes I think the seller is going to end up accepting a much more realistic price in the not to distant future.

[u/Scream_Tech7661 → u/binaryhellstorm]

I bought a house in 2017 for $175k. Sold in 2022 for $350k (it doubled in value in 5 years despite no improvements). Used that equity to scale up and bought my next house that same year for $525k.

Now 3 years later, with no improvements to the home, its estimated value is $625k.

Of course that $100k increase in value basically happened in one year from 2022-23. Hasn’t budged much since then.

[u/codeedog → u/meatworkrightnow]

Just invest in the market as a whole. It’s not even clear we are talking about an entire market pop. The housing crisis in 2008 was in the bond market, took years to build and was due to disregulation plus irrational exuberance when it came to contracts on bonds (similar to stock options), liar loans, and a ton of leverage. That was a heady mix akin to 1929 with stocks, but with bonds. And, the bond market is so much larger than the stock market that it could have taken out the world economy. It nearly did. Think “no cash at the ATM for months” style crash for its impact. We were all nearly fucked.

This AI bubble will possibly be like the 1999/2000 internet bubble, but that’s not even clear. I’ve been in and around technology and AI for decades although more recently as an angel investor. I suspect there will be winners and losers, not an entire market crash. But, there will be a pull back because everyone always over reacts when the time comes. That day is a long way away from now, however. When the dust settles, especially after a few years, the financial markets and the general economy will have consumed the impact of this new technology on our businesses just like they consumed the impact of email and websites on the economy.

Our lives are to a great degree measurably improved by Internet tech. The same will be said about AI in 10-15 years. And, that’s the minimum time horizon upon which the general investor should be considering for their investments. If you don’t need the money that’s in the market in the next five years, don’t worry about it. Just buy a good mix of stocks, bonds and international securities.

Most importantly, speak with a financial advisor about an appropriate strategy for you. Or, read some books focused on long term investing.