Quite the contrary! They effectively sell their cards at a ~20% discount to a bunch of AI companies by “investing” in the companies for a promise to use that money to buy their cards.
It’s as dumb as it sounds and textbook unsustainable economic bubble behavior, but NVidia don’t care because more sales = more stonks = more money to “invest” = more sales = more stonks = more yachts for Jensen. So what if it makes 1929 look like a walk in the park, it’s not their problem.
I know it’s fundamentally the same kind of calculation but I really hope someone can build some hardware that’s good at graphics but bad at crypto/ai/whatever.
Because the fuckers realised they can just keep them priced like this and people will still buy them
The relationship between supply, demand, and price has been fundamentally damaged.
🌍 🧑🚀🔫
Always has been.
It always has been. It’s just worse now. The haves have always had all the power in a “free market” system.
Why doesn’t a 4090 cost $1,000,000?
It doesn’t need to. It’s already unaffordable.
Doesn’t “need” to? What does that even mean?
If the manufacturer had all the power in the relationship, the product would cost even more.
You don’t get to be worth 5 trillion dollars by giving out discounts…
Quite the contrary! They effectively sell their cards at a ~20% discount to a bunch of AI companies by “investing” in the companies for a promise to use that money to buy their cards.
It’s as dumb as it sounds and textbook unsustainable economic bubble behavior, but NVidia don’t care because more sales = more stonks = more money to “invest” = more sales = more stonks = more yachts for Jensen. So what if it makes 1929 look like a walk in the park, it’s not their problem.
Yeah sadly. Then sell out to big corpos doing AI and neglect the original audience for your products.
They literally don’t care if people buy them or not. Overwhelmingly profit is in the server and enterprise areas now.
Some people will still buy at those high prices and they are more than happy to stick with that small slice.
Exactly. Whatever they sell at those prices is good. They just don’t care about people who cannot shell out thousands for a gpu.
I know it’s fundamentally the same kind of calculation but I really hope someone can build some hardware that’s good at graphics but bad at crypto/ai/whatever.
We just need the AI bubble to burst
Another reason to look forward to the AI bubble popping.
Even assuming it does, it won’t be for a good while before it comes through to GPU prices.
Oh for sure. But seeing NVidia’s share prices collapse will be soothing in other ways.