Comment on Code Is Cheap Now, and That Changes EverythingComments−voidUpdate5moCode is cheap, as long as you ignore the knock-on effects on RAM prices, storage prices, environmental costs, the fact that people are still burning thousands of dollars on tokens...−kjksf5moThis is not first time in history that RAM prices spiked.And it'll be resolved the same way all others were.demand > supply => higher prices => incentive to produce more => produce more => supply > demand => lower pricesThe drastic drop in price of code is permament.−voidUpdate5moHow long does it take to spin up enough completely new chip fabs to supply the demand?−cr125rider5moExactly. The problem with capitalism is how slow it is to respond to changes.−guzfip5moEasy when you’ve got direct injections of free ponzi money continuously.
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Code is cheap, as long as you ignore the knock-on effects on RAM prices, storage prices, environmental costs, the fact that people are still burning thousands of dollars on tokens...
This is not first time in history that RAM prices spiked.
And it'll be resolved the same way all others were.
demand > supply => higher prices => incentive to produce more => produce more => supply > demand => lower prices
The drastic drop in price of code is permament.
How long does it take to spin up enough completely new chip fabs to supply the demand?
Exactly. The problem with capitalism is how slow it is to respond to changes.
Easy when you’ve got direct injections of free ponzi money continuously.