Generative “AI” data centers are gobbling up trillions of dollars in capital, not to mention heating up the planet like a microwave. As a result there’s a capacity crunch on memory production, shooting the prices for RAM sky high, over 100 percent in the last few months alone. Multiple stores are tired of adjusting the prices day to day, and won’t even display them. You find out how much it costs at checkout.
This bubble cannot burst soon enough
It can’t pop if the US Treasury just keeps dumping tens of billions of dollars into it as a backstop.
The Infrastructure Reinvestment Act kicked this mess off, but it didn’t pad the wallets of the right people to the right degree. So now Trump is just cutting idiots and assholes across the VC Tech Sector ten-digit checks to keep doing what they’re doing.
We’re increasingly operated as a Planned Economy that exists to turn natural resources into AI slop, because this is what the federal government’s leadership believes they need to maintain the illusion of control over the public.