This cyber enron circlejerk wont last that long

The market can remain irrational longer than you can remain solvent.

This is for one purpose if it’s true: To force consumers to rent everything, including their computer, so they can be surveilled.

Don’t use GeForce NOW, even if there’s a Linux client in the works, because it’s surveilled too.

Oh no, I saw this coming and bought RAM at the first hike. I’m good for 8 more years. This doesnt help everyone else tho.

Fortunately I’m currently I’m happy with what I have. I think I’ll oulast this.

I’m sorry, the game streaming platform can’t be bothered to make a client for Linux??

The AI bubble will pop long before then, and everyone will have more RAM and GPUs than they know what to do with.

They do and have for a while.

Thank god I never sold my old desktops.

I have a i5-3470 with 16gb, i7-8700 with 16 gb, a steamdeck, and recently bought an m4 air.

I’m only gaming on the steamdeck, and those other computers are used for home server stuff.

I wouldn’t be surprised to see some foundries retooling to produce DRAM in less than five years.

Just not gonna buy any new games then.

looks at housing bubble “… god i hope you’re right”

Totally stealing Cyber Enron

I hope so, but there’s a way that bubble doesn’t burst even if we’re right that AI never delivers competent/competitive quality: that monopolies simultaneously integrate AI into their products and the entire world simply gets worse, while consumers pay extra for those very AI features they don’t want and which produce an inferior product.

As much as private equity wants to think it is, housing is not a commodity like DRAM is.
Housing always has a base value in that people always need places to live, so it’s price is sticky. The need for DRAM could disappear overnight if it so happened that way.

In 5 years china is going to ramp up their domestic production, so they’ll have cheap RAM while we don’t

Even that isn’t going to be enough. OpenAI has to start making payments on some (most) of these deals and startups starting this fall. If they don’t make these payments (it’s mathematically impossible for them to do so) then everything gets wiped out and the bubble pops.

Pro tip to all you investors here, if your hot new thing can’t do anything other than net360 terms and has double-pledged collateral, it’s not a good investment.

As far as it being like the dotcom crash, at least the few companies that were actually viable and legitimate survived and it “separated the wheat from the chaff” or something along those lines.

There is no viable AI company here, and the market will quickly find out that there isn’t even chaff to be found here, it’s mostly floor sweepings of post processed MDF sawdust and dirt.

I suspect very creative firms of accountants and CFOs are working hard right this moment to identify the next step in the shell game. So I suspect some creative refinance could avoid that outcome. But I definitely hope you’re right.

A 5 year DRAM shortage is pretty hard to imagine. I have to suspect that’s a projection that assumes no AI bubble popping (which given how insanely over-leveraged basically every company involved in the bubble is, its inevitable. They’re literally spending more building these datacenters than they can ever dream of recouping once built!) The last DRAM shortage (around 2017-2019 by memory) was only really bad for about a year or so, getting gradually better until it became an absolute glut of DRAM supply that lasted until…well about 3 months ago. $60 per terabyte of SSD storage was glorious, and hopefully I can afford to benefit from the next DRAM glut in 2-5 years

Oh no it’s far worse than that. Private equity is heavily invested into data centers, and so are most large international banks. Private equity is playing the fun “volatility laundering” game where they are deliberately not reevaluating assets to make them look like they are worth more on paper than they actually are. They are basically saying this asset house is still worth the $50,000,000 it was valued at 5 years ago, never mind the fact it burned down and is now a superfund site and uninhabitable.

International banks are also issuing loans based solely on “just trust us bro” paperwork, using the AI companies paperwork as gospel and not looking at anything other than what they are presented with. The average cost of renting a Blackwell CPU is now $4.41 an hour, and that’s before the vast majority of these data centers have even come online.

Something something supply and and demand just trust us tho.

Currently, with data from all AI compute companies and services COMBINED in 2025, revenue comes out to 0.5831% of expenditures.

So for every $1,000,000 spent, you will make $5,831.

The only way out of this mess is if the banks either get paid back for their loans (see previous figures) or private equity gets a lot more capital… and starts paying back banks again (see previous figures comment about previous figures)