SahwaAlmost Half of US Data Centers That Were Supposed to Open This Year Slated to Be Canceled or Delayed
Lost_My_MindOk, so they bought billions of dollars of ram/storage, to put inside servers that haven’t been bought yet, to put inside data centers that haven’t been built yet, in order to run AI that doesn’t work yet, in order to chase profits that are impossible to achieve.
And now, despite driving ram prices up to absurd prices, you’ve begun to realize the same thing all of us knew from before day one. NOBODY WANTS THIS SHIT!!!
Yup and this is all going according to plan.
Corner the Market
Raise prices
Sell High - The bubble will not burst until they’re ready to leave us holding the bag. The burst will be triggered by the sell off.
Buy low - All these assets will be liquidated during bankruptcy for pennies on the dollar.
Fuck you (and me) Basically.
BuelldozerCongratulations, you’ve just covered how the Computer / Tech Industry has worked since mainframes were invented. It’s a constant cycle of $NewThing that almost works, desperate effort by a lot of companies to make it work right / better, market cornering, BoomTime for a lucky few companies, then someone figures out how to do it cheaper or re-focus the market on something slightly different, then BustTime.
It jus computer/tech but pretty much all financial markets
You forgot to throw a couple bailouts in there and some regulatory capture mandating AI slop in you cars or something for “safety.”
they are peddling AI so hard as a surveillence tech for most government, because they think that is where constant revenue stream is.the~___~