Biggay [he/him, comrade/them]

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Joined 5 years ago
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Cake day: July 29th, 2020

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  • A lot of PC enthusiasts and media people have been speculating that the series of high tech, industrial over consumption of high end electronics has hurt the consumers, but I think its just going to kill the consumer level electronic industries. From graphics cards, RAM and SSD/HDD all experiencing supply shocks, this generation of PCs consoles and handhelds, even higher end phones are going to balloon in prices and begin to become more and more exclusive to bourgeois class interests. I know AI is a bubble, but I think it will never be allowed to pop because theres nothing to really pop it. At the very least it seems like theres still a lot of gas in the tank and will last for another 2-3 years or so. Even in the wake of a bubble burst, the electronics industries are so tied to the AI agent corporations that theres no way they dont also go under, and the only spoils that we might see will be the second hand mostly burnt out electronics liquidated from these corporations. Its not something we could build a new consumer grade industry off of.












  • It might or it could and that AI correction might not just hit the tech market but have knock-ons to the rest of the more stable economy, like mortgages and manufacturing. Theres been less and less evidence that Quantitative Easing or even full Modern Monetary Theory would work in the long term now that the dollar has been so significantly devalued that the global economy has a multiple countries that are not dependent on the US and have more recently developed the economic ties that can compete or undermine dollar hegemony.

    But ultimately we dont really know. We wont until everything goes tits up with AI and that is something I dont see happening for 6-12 months at least