23 points DeepLogin 44 minutes ago 3 comments

annoyingnoob 16 minutes ago | parent

Same for small business or any small buyer.

glimshe 9 minutes ago | parent

Should we blame this on memory companies or the AI companies bidding for memory? How should the memory companies have acted differently?

SlightlyLeftPad 4 minutes ago | parent

[delayed]

Apreche 5 minutes ago | parent

Yes, but zoom out more. Wealth inequality and the k-shaped economy are the real culprit.

When a few people have so much wealth that they are no longer price-sensitive, they bid up the price of everything and anything of value be it stocks, real estate, computer hardware, fine arts, sports teams, etc.

The result is that a business which tries to make quality products at reasonable prices will fail. They aren’t luxurious enough for the people with money. They aren’t cheap enough for the people without. Customers in the middle hardly exist. Any valuable good that is genuinely scarce will inevitably become a luxury.