WalrusDragonOnABike [they/them]

  • 0 Posts
  • 5 Comments
Joined 3 years ago
cake
Cake day: December 31st, 2023

help-circle


  • Depends on what you wanna use it for. If you wanna host a bunch of services, do scientific computing, or play modded video games with really bad memory leaks and memory optimization, perhaps?

    The problem is memory is expensive because fabs have switched to making HBM3 and EEC LPDDRX5 (soldered memory, like what’s in a phone and some laptops). So even when the crash happens, we won’t get a mass sell-off of useful consumer hardware. Likewise, the “GPUs” don’t even have video outputs.


  • I feel like we just left the era of delusions of “new paradigm” and entering the skepticism part. Of course plenty of people have always been skeptical, but not the people with enough money to cause this.

    OTOH, timing can still be difficult to predict. Surely people knew tulips weren’t worth more than homes, yet it took years after tulips reached that price for the peak to be reached iirc. Even if people know the crazy is irrational and cannot go on forever, there is still FOMO. The peak is likely to happen after a lot of people know the thing will have to crash eventually, but enough continue to try to eek would a little more profit while not being left holding the bag.

    The peak only happens after a good majority think the crash is imminent and are ready to sell off to avoid being left with nothing. Hence why many of these companies are trying to be added to indicies quickly so that pension/retirement funds can be the one stuck with much of the losses while the billionaires just to onto their next grift.


  • The fibre in the ground from the dotcom bubble was still used… eventually.

    Most of the 100’s of billions of dollars of GPUs that have just been sitting on shelves in warehouses and will continue to sit there for years even if there isn’t a crash will be nearly worthless (relative to the prices paid) whether they try to mass liquidate at a small fraction of the purchase price to pay back some of their 10%+ interest loans they used to buy them or they sit around for a decade until there’s a place to put them and at that point they could be so inefficient, they’re not worth the money to install them and power to run them.