Plenty of people is blaming "AI" in the abstract for the recent RAM price spikes, but I haven't seen anybody around here point to the actual and direct culprit of it all: Sam Altman secretly bought 40% of silicon wafers (not even produced RAM, just the silicon wafers) from two of the biggest RAM manufacturers, at the same time. Not even with specific plans for what kind of RAM do with them. This is just to mess up with competitors.

Seriously, you can't hate OpenAI enough.

https://www.mooreslawisdead.com/post/sam-altman-s-dirty-dram-deal

Sam Altman’s Dirty DRAM Deal

Or: How the AI Bubble, Panic, and Unpreparedness Stole ChristmasWritten by Tom of Moore’s Law Is DeadSpecial Assistance by KarbinCry & kari-no-sugataBased on this Video: https://youtu.be/BORRBce5TGwIntroduction — The Day the RAM Market SnappedAt the beginning of November, I ordered a 32GB DDR5 kit for pairing with a Minisforum BD790i X3D motherboard, and three weeks later those very same sticks of DDR5 are now listed for a staggering $330– a 156% increase in price from less than a month ago! At

Moore's Law Is Dead
@starsider ironically. that thumbnail looks AI generated
@nelson @starsider maybe that's the intention?
@nicemicro @starsider so, the way to protest AI as an ever-expanding hellscape, is to... use AI?
@nelson every time you use their product, they lose money.
@nicemicro @nelson

every time you use their product, they have one more user to brag about to investors.
@alexia @nelson good, let those investors give them more money so those investors also lose money.
@nicemicro yeah and keep on harming the environment, god, some of you should just go outside and just actually develop common sense
@nelson I don't have a car, so I've made up all my AI usage in advance for like 30 years.
@nicemicro ????? And???????????
@nelson clean your keyboard, your question mark key might have gotten stuck from something.

@nicemicro @nelson No, it doesn't work like that. Every time you use their product, they don't lose money. They may even have more of it thanks to you. You're not wasting their money, you're wasting their investors' money. And you're telling the investors that the demand is real and that they will achieve AGI or whatever by 2030 and get incredible returns for their investment.

They won't, but that's irrelevant... The issue is that the longer this bubble keeps going on before it pops, the worse it will be for all of us when it finally bursts. The great depression of '29 will be historic.