Yes…and the prices of those things will definitely not go down when anything crucial becomes more expensive. They’re not going to lower prices just because software has to be better optimized now, because guess what’s gonna cost more in labour now too.
You’re still thinking it’s about gaming. Yes, the fact that these few companies own this supply is not economically sustainable, when was the last time they let a bubble actually pop without funneling state wealth into keeping it going? These financialization models are too convoluted, almost like this has been going on for a long fucking while; which means we should not assume we can guess when it will “pop.”
Serious question, not sarcastic - which services are now significantly more expensive specifically because of increased RAM prices?
This is obviously a bubble because the product being sold cannot deliver revenues to match its valuation. That doesn’t imply we can predict exactly when it will pop.
bud, if the memory is more expensive, elements throughout a computer reliant economy becomes more expensive. Have you thought the insane inflation of prices on everything over the past two years is just for fun? Just because of the oil?
The services and products I was referring to as far as computation goes is regarding anything tech related. They’re not going to decrease the price of devices or software anywhere because this represents a fundamental increase in production cost that also leads to other costs through the labour to actually make shit work on what consumers can afford. The profit margins were already reliant on exploitative labour and resource extraction practices, and it is required to continue to increase by any means necessary.
We live in a capitalist system, no not the one you learned about on Twitter or in highschool, but the real one where progressive, infinite growth is necessary for the system to function, and neoliberal politics has very effectively secured state funding for corporate interests over the past five decades. You’re in Canada? Mark Carney’s markedly neoliberal response to the '08 crisis (axeing prime and encouraging spending) is why we had a housing “bubble” for over a fucking decade with a decline in market value being met not with a “pop,” but with subsidies by the state that secures even more property for private capital.
You are thinking things work they way they don’t because you haven’t effectively challenged your understanding of what this system is at a fundamental level. There is no capitalist world where a “pop,” happens and your wealth doesn’t get extracted to recover that loss for capitalists.
bud, if the memory is more expensive, elements throughout a computer reliant economy becomes more expensive. Have you thought the insane inflation of prices on everything over the past two years is just for fun? Just because of the oil?
Are you implying that you think the inflation is because of RAM prices? If so, then you’re being a little condescending about an awfully huge leap, akin to wtfhappenedin1971 links blaming it on monetary inflation.
We had been wasting RAM like it was free. Nobody was optimizing anything. The impact on actually productive activity will be minimal.
The main danger these companies pose to the economy is when the bubble pops.
Yeah I was going to say, there is a proprietary piece of software they use at work that uses like seven gigs of RAM for no reason.
Yes…and the prices of those things will definitely not go down when anything crucial becomes more expensive. They’re not going to lower prices just because software has to be better optimized now, because guess what’s gonna cost more in labour now too.
You’re still thinking it’s about gaming. Yes, the fact that these few companies own this supply is not economically sustainable, when was the last time they let a bubble actually pop without funneling state wealth into keeping it going? These financialization models are too convoluted, almost like this has been going on for a long fucking while; which means we should not assume we can guess when it will “pop.”
Serious question, not sarcastic - which services are now significantly more expensive specifically because of increased RAM prices?
This is obviously a bubble because the product being sold cannot deliver revenues to match its valuation. That doesn’t imply we can predict exactly when it will pop.
bud, if the memory is more expensive, elements throughout a computer reliant economy becomes more expensive. Have you thought the insane inflation of prices on everything over the past two years is just for fun? Just because of the oil?
The services and products I was referring to as far as computation goes is regarding anything tech related. They’re not going to decrease the price of devices or software anywhere because this represents a fundamental increase in production cost that also leads to other costs through the labour to actually make shit work on what consumers can afford. The profit margins were already reliant on exploitative labour and resource extraction practices, and it is required to continue to increase by any means necessary.
We live in a capitalist system, no not the one you learned about on Twitter or in highschool, but the real one where progressive, infinite growth is necessary for the system to function, and neoliberal politics has very effectively secured state funding for corporate interests over the past five decades. You’re in Canada? Mark Carney’s markedly neoliberal response to the '08 crisis (axeing prime and encouraging spending) is why we had a housing “bubble” for over a fucking decade with a decline in market value being met not with a “pop,” but with subsidies by the state that secures even more property for private capital.
You are thinking things work they way they don’t because you haven’t effectively challenged your understanding of what this system is at a fundamental level. There is no capitalist world where a “pop,” happens and your wealth doesn’t get extracted to recover that loss for capitalists.
Are you implying that you think the inflation is because of RAM prices? If so, then you’re being a little condescending about an awfully huge leap, akin to wtfhappenedin1971 links blaming it on monetary inflation.