Comment on When the AI bubble bursts..
supersquirrel@sopuli.xyz 2 months ago
Why would companies lower their prices after consumers have been forced to get rid of them?
Comment on When the AI bubble bursts..
supersquirrel@sopuli.xyz 2 months ago
Why would companies lower their prices after consumers have been forced to get rid of them?
witten@lemmy.world 2 months ago
In order to maximize revenue. Selling 1,000 units at $50 profit apiece makes you more money than selling 400 units at $100 profit each.
theparadox@lemmy.world 2 months ago
But if you fire half your staff while only making 400 units…
witten@lemmy.world 2 months ago
Now you’re thinking like a capitalist!
supersquirrel@sopuli.xyz 2 months ago
Sure, but what if you guranteed your customers through loosely organized collusion and endless consolidation/buyouts that there is no other practical place to buy ram?
witten@lemmy.world 2 months ago
That works during a bubble. What happens though after one when demand presumably plummets?