I think a lot of people left out the fact that these companies have been accepting public funds for R&D and expansion, and now they’re no longer using those funds to sell consumer products, but rather dumping them into the insatiable maw that is AI.
Comment on WTF Just Happened? | The Corrupt Memory Industry & Micron [GN]
B0rax@feddit.org 4 days ago
Can we get a TL:DW for people that don’t want to watch a video?
artyom@piefed.social 4 days ago
chunkystyles@sopuli.xyz 4 days ago
Socialize the costs. Privatize the profits.
nagaram@startrek.website 4 days ago
TL:DW;
Mr. Nexus still thinks its news that, under capitalism, production of luxury goods will always be sold to the highest bidder and not “the masses”
I didn’t watch it either. But its about Micron no longer selling consumer ram in favor of the AI industry customer.
prole@lemmy.blahaj.zone 4 days ago
Who tries to give a TL:DW for a video they didn’t even watch? So weird
nagaram@startrek.website 4 days ago
TehPers@beehaw.org 4 days ago
No, and your hostility is out of place. Do you have something against GN?
boonhet@sopuli.xyz 4 days ago
So there’s three companies that make almost all the DRAM and they’re now all ramping down production of consumer RAM.
They’ve also done price fixing in the past.
I don’t think much math needs to be done.
nagaram@startrek.website 4 days ago
I respect that Steve was able to control himself and only make a 25 minute video on this.
Powderhorn@beehaw.org 2 days ago
You can only use so many “fucks” before a video is demonetized. Running any longer would have come up against that wall.
sefra1@lemmy.zip 4 days ago
Thanks! So literally a nothing burger.
I hate YouTube clickbait.
boonhet@sopuli.xyz 4 days ago
Well I mean the 3 DRAM manufacturers that matter all made the decision to ramp down consumer RAM manufacturing. OpenAI alone is buying up 40% of all global DRAM production.
Given all the financial fuckery going on with OpenAI and the AI and hardware industries in general, I’m pretty sure this is intentional price fixing.
sefra1@lemmy.zip 3 days ago
So just another day in capitalist society. Nothing to write home about imo.
termus@beehaw.org 3 days ago
Micron took millions in tax payer dollars from the CHIPS Act to build fabs. To then turn around and shut down their consumer market is kind of fucked. That’s a little more than a nothing burger.
quick_snail@feddit.nl 3 days ago
Better: can we get mods to ban low effort posts
Powderhorn@beehaw.org 3 days ago
Are you actually claiming that I should be providing a video summary? Like, that’s in my wheelhouse, but I’m not on the clock, so apologies that you had to click the link.
quick_snail@feddit.nl 3 days ago
I’m saying don’t post to videos.
Posting articles with embedded videos is OK. But just pasting a god damn video link is low effort, and not welcome. It’s poor lemmyquite
Powderhorn@beehaw.org 3 days ago
I’m sorry. Are you a mod here? You’re just bitching that you didn’t get exactly what you wanted served on a platter.
spit_evil_olive_tips@beehaw.org 3 days ago
But just pasting a god damn video link is low effort
imagine 4 things that could be posted:
- a 3 minute long video
- a 3 hour long video
- a 250 word article or blog post
- a 25,000 word article or blog post
do you have a sufficient grasp of how the internet works to understand that the effort involved in posting a link is exactly the same in all 4 cases?
Powderhorn@beehaw.org 4 days ago
You can always click on the transcript on YouTube if you’d prefer to read. If you then need it summarized, that’s one of the things LLMs are actually (mostly) useful for.
irvinefantasyno@beehaw.org 4 days ago
Unless the YouTuber provides the transcript themselves, they’re basically auto-generated captions that aren’t accurate. And you still gotta have YT open to read it.
sunbeam60@feddit.uk 4 days ago
You made the dreadful mistake of saying something positive about LLMs. We shall now proceed to downvote you accordingly.
t3rmit3@beehaw.org 4 days ago
That’s why our instance has no downvote mechanism!
corsicanguppy@lemmy.ca 4 days ago
So a guy reads from an outline or script into a YouTube clip we can view (after ads) with a transcript we can then summarize with an LLM so we can replicate the outline or script originally used?
The downvote and next buttons are, like, right there.
TehPers@beehaw.org 4 days ago
He also publishes written articles, but not for all videos, and not usually at the same time as the video.
Powderhorn@beehaw.org 4 days ago
Not really sure where you’re coming from. If you don’t want to watch a video … like, maybe, just don’t? I was attempting to provide solutions. And “a guy reads from a script” is literally how videos are made, so that’s a weird flex.
Steve has really come into his own as EIC in the past two years, and the channel (which I used to ignore) is much better for it. Come for the stats, stay for the biting political commentary.
cecilkorik@piefed.ca 4 days ago
Here’s the actual TL:DW (it’s not that long, and I did watch it)
Steve describes what’s happened (Micron shuts down Crucial their consumer-facing “store brand"), mocks their stupid press release, and discusses the nuances involved, will they still be selling to all the rebadged memory resellers who use Micron as a supplier? Unclear, their reps and defenders say yes, their PR and the context implies not really, unless those resellers want to get into a bidding war with AI datacenters that they’re not going to win. Steve not-so-subtly implies that this seems awfully sort of kind of like more price fixing from a small group of oligopolist companies who have in fact been convicted in the past of price fixing, while explictly stating that he is, of course, for legal reasons, definitely NOT implying that in any way shape or form. Some much deserved ranting about how shitty and frustrating this situation is is mixed in throughout and he goes over details about exactly how much prices have risen already, pointing out all the different devices that require some form of high speed memory that are going to be affected by this. Some further discussion suggests the possibility this might just be a shot across the bow to let the other memory companies who are totally not colluding with Micron and never would consider doing that to let them know it’s absolutely time to not collude about anything like that because of course they’re all paying very close attention right now. So we’ll have to see what else develops, but basically he’s letting everyone know he’s on it, and he’s paying very close attention too.
I might’ve read between the lines a bit in a few places, I have some of my own strong feelings about what’s going on here, so I apologise if I inadvertently mixed in any of my own interpretation by accident.
Rentlar@lemmy.ca 3 days ago
I watched it yesterday and only a couple things I have to add.
First is that the bipartisan CHIPS act basically shovelled taxpayer money into Micron’s pockets to increase their manufacturing, but they are reducing their consumer output anyway, so Steve’s point is consumers are not getting anything out of the subsidy they made.
Second is, since any potential increase in production is to cater to their largest data centre customers only, Steve is suggesting that this could be part of a push to move people to subscription-based cloud computing by making personal computing tha you buy and own unaffordable.
WorldsDumbestMan@lemmy.today 3 days ago
We should all find ways to minimize our taxes. Why should we contribute?
B0rax@feddit.org 3 days ago
Thanks!