• UnspecificGravity@piefed.socialEnglish
    2·
    4 months ago

    It’s actually even dumber than this because it was OpenAI that made the purchase with no plan for how to actually use the wafers. NVIDIA could actually do something with them.

    • Cort@lemmy.world
      0·
      4 months ago

      Ok, how is this not illegal? Buying up all the supply to prevent competitors from buying any, even when you can’t use it yourself. There’s gotta be some anticompetitive regulation that would cover this

      • dejected_warp_core@lemmy.world
        1·
        4 months ago

        Gonna need a functional government with a functioning regulatory body for that.

        Edit: also, Congress seems to be able to just lasso anyone and pull them into a hearing to make a show of damn near anything. We could really use one of those for this (and many other) boondongles right now.

        • wonderingwanderer@sopuli.xyz
          1·
          4 months ago

          How could congress possibly keep white collar crime in check when they’re already so busy enabling fascism?

          (the same fascism which is also being bankrolled by those same tech oligarchs, by the way)

      • UnspecificGravity@piefed.socialEnglish
        1·
        4 months ago

        And they were even real sneaky about it by buying up from the two largest global suppliers at the same time in secret so that neither knew they were buying up the whole global supply. This probably is technically illegal, but the US doesn’t enforce shit like this.

        • Buddahriffic@lemmy.world
          1·
          4 months ago

          In a central banking system, the central bank can create and destroy money from nothing. All banks can do it, though banks that aren’t the central bank need to hold on to a reserve portion which iirc is 10%, so they can loan out (effectively creating) 90% of deposits, which compounds (ie, if you deposit $100, the bank can lend out $90 of that, and if that borrower puts that $90 in their account, then the bank can loan another $81, meaning for the original deposit of $100, now $271 exists, and that $81 can be loaned against, too).

          Congress can borrow money from the central bank or other banks. It’s also possible that they could seize the central bank and then just say they have the money and use that, though that’s how Germany ended up with stories of people using a wheelbarrow full of cash to buy a coffee or diners paying when they ordered because prices would have gone up by the time they finished eating.

  • MalReynolds@slrpnk.netEnglish
    1·
    4 months ago

    Substitute 'Open’AI for NVIDIA, not that it won’t mostly end up in their pockets, there’s this whole BS techbro financial circlejerk going on.

    • raker@lemmy.worldOPEnglish
      0·
      4 months ago

      True. It’s not only them, but all the other techbros trying to make sure, that they get also the biggest load of that gigantic, orb-like circlejerk first. That bothers me the most. It’s the whole market.

      • Nightwatch Admin@feddit.nl
        2·
        4 months ago

        Funny you sayvthis, Altman’s other scam is World Orb - a creepy and actually useless “biometric scanner” that is a crypto scam under the hood.

  • FireRetardant@lemmy.world
    1·
    4 months ago

    I tried to make a new build on pcpartpicker and several times my RAM choice sold out before I could complete the build. It really opened my eyes to the state of the market

    • raker@lemmy.worldOPEnglish
      0·
      4 months ago

      I don’t even wanna upgrade my PC atm, just a SATA 6 SDD as a cheap data grave, but guess what: even these cost as much as the M.2s in Sep. 2025. Though luck!

      • FireRetardant@lemmy.world
        1·
        4 months ago

        My 15ish year old pc blue screened of death on me. It had a few new parts over time but the same cpu and gpu so I had little choice but to upgrade. I figured I’d go mid range now and it will keep up with my needs for a few years to come.

    • Agent641@lemmy.world
      0·
      4 months ago

      The stocks who’s value is based on the purchase of ram you just made using stocks as payment? Seems perfectly logical to me.

  • stressballs@lemmy.zip
    0·
    4 months ago

    I haven’t even owned an NVIDIA product. AMD has always offered me obviously better value. I’ve always seen the logos these companies make deals with each other over, pretending their games run better on one brand over the other…

    I will never buy NVIDIA as long as I live. It’s time for new hobbies I guess. Sad.

    • veni_vedi_veni@lemmy.world
      1·
      4 months ago

      pretending their games run better on one brand over the other…

      That’s absolutely a thing. There are a lot of benchmark channels showing noticeable changes in fps for some games between brands. Depending on the game, that might change the value proposition.

      • anomnom@sh.itjust.worksEnglish
        1·
        4 months ago

        CUDA support is what really pissed me off. I wanted to do some early machine learning (photogrammetry and computer vision stuff) 10-15 years ago, but the only way to use it was on nvidia hardware.

      • jollyrogue@lemmy.ml
        1·
        4 months ago

        Famously, Nvidia drivers contain hacks for lots of games. Nvidia takes the crappy games and writes work arounds into the drivers to make the games work.

  • andros_rex@lemmy.world
    0·
    4 months ago

    There’s never going to be a time in my life where I will be able to afford even a modest gaming computer :(

    • GreenKnight23@lemmy.world
      1·
      4 months ago

      sure there is.

      steal it.

      order ddr5 ram. return ddr3 ram as ddr5 and tell them it was opened and the wrong thing.

      it’s no different than what AI fascists are doing right now.

        • GreenKnight23@lemmy.world
          1·
          4 months ago

          give me a list of AI companies that have not supported the destabilization of world power and installation of fascist ideological administrations that furthers their agenda for world power.

          please. I’ve been asking for months now and nobody can give me an answer.

    • scoobford@piefed.blahaj.zoneEnglish
      1·
      4 months ago

      Don’t worry friend, the AI bubble will pop. Unfortunately, it will probably trigger a massive recession when it does, but that won’t last forever either.

    • The_Almighty_Walrus@lemmy.world
      1·
      4 months ago

      Pre-built machines are still going for reasonable prices but once those companies run out of old stock that’ll be done for. If you’ve got a Costco membership they have some IBuyPower PCs for a pretty reasonable price. I got a ryzen 7, RTX5070 and 32GB of ddr5 for $1600. They have an Intel ultra 5, RTX5060, and 32GB ddr5 for $1,099.