> one well-known characteristic of markets is that imbalances tend to, over-time, self correct.
That's not true for all markets, least of all for "free" markets which not only "tend" to become monopolized, they do end up as Robber Baron lands on steroids.
If you were right, there would be no need for anti-monopoly regulation or even for any market regulation, and I wouldn't have to repeat twice that a market is just a set of regulations.
> But the idea that GPU prices rising is the end of the world is just silly.
Nobody claimed that but it can't be disproved either :) On the other hand, you seem to think we should be concerned only with problems that provably lead to the end of the world. I'm not sure how wise that is.
> Or maybe it’s not a long-standing trend
Or maybe it is? Should we close our eyes and rely on chance or just use the opportunity to fix what clearly is a systemic problem in the fundamentals of the US market and economy - it's quite clear that the problem isn't limited to just RAM and GPUs.
> you seem to think we should be concerned only with problems that provably lead to the end of the world
I am deeply sceptical of trying to use large public institutions and government to solve the “problem” of a price rising and falling from time to time as supply and demand change.
If you don’t believe in supply and demand or markets or you think that economics is some big scam, then we could save some time if you just say that, and then we don’t have to go back-and-forth pretending the issue is about AI or GPUs.
If there is a monopoly case to be made in GPU manufacturing or whatever, then make the case and let’s regulate that monopoly or break it up.
If there’s financial fraud going on, great make the case and let’s deal with it.
If all that’s happening is that some people are making speculative bets on prices a few years out, and they’ll either be right or wrong and either way it will be over, then I just have trouble getting worked up about it. If it means the gaming PC you have planned to build this year will either be a bit more expensive or you’ll have to put it off till the next year, I have trouble getting worked up about it.
That's not true for all markets, least of all for "free" markets which not only "tend" to become monopolized, they do end up as Robber Baron lands on steroids.
If you were right, there would be no need for anti-monopoly regulation or even for any market regulation, and I wouldn't have to repeat twice that a market is just a set of regulations.
> But the idea that GPU prices rising is the end of the world is just silly.
Nobody claimed that but it can't be disproved either :) On the other hand, you seem to think we should be concerned only with problems that provably lead to the end of the world. I'm not sure how wise that is.
> Or maybe it’s not a long-standing trend
Or maybe it is? Should we close our eyes and rely on chance or just use the opportunity to fix what clearly is a systemic problem in the fundamentals of the US market and economy - it's quite clear that the problem isn't limited to just RAM and GPUs.