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Comment on Is the RAM prices explosion another manufactured crisis to corps drain money from people before the AI bubble collapses?

dragontamer@lemmy.world ⁨1⁩ ⁨day⁩ ago

From people? No.

From AI. AI companies have seemingly infinite money (not really but investor sentiment is huge and investors are happy giving more and more money to AI). And banks are willing to lend money to AI. And there’s new financial instruments (special purpose vehicle) allowing even more money to come out of investors.

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vermaterc@lemmy.ml ⁨1⁩ ⁨day⁩ ago
Who are investors and where is their money from?

If it’s from investment funds, then I’ve got bad news for all of you, it is your money as well.

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- dragontamer@lemmy.world ⁨1⁩ ⁨day⁩ ago
  Well that’s the funny part now isn’t it?
  
  Increasingly, the investors are other AI companies. NVidia, Microsoft, Facebook. Be it directly (ie: Microsoft buying half of OpenAI), or indirectly (Special Purpose Vehicle creates a new Data center and Facebook pays to be an owner of that and then the Datacenter pays Facebook for AI or some shit).
  
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