Comment Re:This whole AI thing is ridiculous (Score 1) 73
IMO they are pricing in AGI, if they don't get it or if they aren't predicting inference computing costs correctly, there could be a huge rollback. Then we'll have an oversupply of components instead of a shortage. The amount of spend is ludicrous and unrealistic for future needs
We are in an economic mania right now. Governments, corporations, startups, you name it, are all afraid of being left behind. They are buying up memory, disks, computing capacity because, well, if they don't, someone else--one of their competitors--will.
Supply will be expanded and built out while demand remains high.
How long will this take? That's the trillion dollar question. It could be months or it could be years, but at some point, demand and supply will come back into closer to equilibrium. Whether that's because demand crashes or because supply builds up to meet demand is another open question. This has to be one of the greatest repositioning of capital in recent memory.