this post was submitted on 06 May 2026
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Something's got to give at some point here. Everything from computers to phones to cash registers to traffic signals need these components and are costing more due to the shortages, despite production remaining high.
The world is going to have to decide if it is worth putting the entire modern world on a pricing hold to funnel all the memory into speculative markets.
The majority of the western world's labour force is now comprised of middle management like roles that are trained to extract every gram of wealth out of ~~products~~ consumers while they enact their intermediation role that was invented to avoid massive unemployment now that everyone (regardless of competence) has a uni degree. When MsCs started having to work food retail the powers that be should have woken up and regulated numerus clausu. They didn't, so here we are. Karen from dumbfuqistan has a PhD in ML because Unis aren't allowed to flunk dumb dumbs anymore so a degree is virtually worthless when selecting candidates for a job, despite the fact Karen's competence wasn't really evaluated at all during her PhD. Don't get me wrong, unis are extremely important, but the onus of figuring out if people learned well enough during uni has transitioned from the educators to employers. So when a conman comes to sell AGI to Karen's employer, Karen, CTO, with a PhD in machine learning, has no fucking clue the conman is full of shit and advises her peers and superiors to buy into it.
And that is yet another symptom we're living in late stage capitalism.
/rant
The voting is done with money, and the money is in a few hands which right now say "yes, yes it is". I don't think this will last forever, though. Their free cash flow won't allow it, and they are notoriously fickle.