Samsung, SK Hynix, and TSMC depend on oil, gas, helium, sulphur, and bromine coming from the region, or through the Strait of Hormuz.
Marko Papic, chief strategist at BCA Research … predicts a severe hit to chip production if the strait isn’t back in operation within a month.
Could mean higher PC component prices, or even a halt in production. Could mean global recession.
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Yeah… The Iran war is why the bubble will pop… Damned Iran destabilizing the very healthy AI market!!1!
Are they trying to give people more reasons to root against Israel and the usa???
No, it won’t. It will cause more of the supply to be reallocated away from consumers into enterprise, and that is exactly what the big tech companies want to see happen.
Having access to a computer and phone is as much of a necessity to survive in modern society as internet is. When personal computing is unaffordable to the point where subscription computing is a good enough “deal” for consumers to jump on, the ball will start rolling towards the inevitable price squeeze that we have no choice but to accept.
It’s so much worse than the rent they will charge us, brother.
If you thought Flock cameras were a bad situation, imagine not being able to query, read, write, or probably even speak about topics that they decide are “unpatriotic” or “satanic”.
LGBTQIA+, anti-Christianity, anti-capitalist, all that shit they declared were “terror group activity” that sounded like McCarthy red scare bullshit? Imagine being gay and not being able to talk about it IN YOUR OWN HOME. Imagine not being able to criticize politicians in private. Imagine being forced to do Christianity when you aren’t Christian.
Imagine not owning any electronics and being held under suspicion of plotting against the government, even if you’re that guy who thinks he’s so damn smart by not participating, he’s not falling for that…while the world crumbles around him, you guys are dumb not him. (Ok bro hopefully we don’t find out)
These motherfuckers think they are gonna make automated kill bots which eliminate any worker drones in the hive that do not bend to their queen bee.
Our only hope, our ONLY hope, is that they are as incompetent as they appear to be.
The high-tech security shit is just another grift. All these cameras and surveillance everywhere but the rate at which crimes are solved or results in arrest prosecution is the same as always. It’s never been easier to shoplift since these AI systems took over stop-loss. Look at this war with Iran. The military has been been hallowed out. Not saying there’s nothing to worry about, it’s just that it won’t be like the movies where tech has made the authorities unstoppable. Even the Trans genocide is being done in the same low tech fashion: Thugs on the street, camps, lists and propaganda.
They’re going to rely on people’s apathy and willingness to be cattle as long as they have slop content and slop nutrition paste. That sadly will probably be enough for a long time at least.
Paywall
There is no “AI Boom”. It’s merely a manufactured narrative.
Ai rug pull bubble brought to you by crypto scam coin
Systemic contagion: Every dollar invested is levered to the tits.
AI boom is a poor choice of words, even though it’s intentional. And I don’t believe the article’s starting paragraph
For more than three years, AI has propped up global trade and investment and pushed stock markets from the US to Asia to record highs.
However, there is a boom in investment in AI, whether that actually yields anything or not. I read the article as meaning derailing that.
The consequences outlined in the rest of the article look to be agnostic to productivity
The technical term is AI Round Tripping Bubble
Huge datacenters being built everywhere taking as much power and water as entire cities. Its the foundation of our dystopia thats being built.
You can only imagine what kind of money these data centers are going to be making when the entire world depends on them to watch humanity, control robots, drones, cameras with real time AI analytics, vehicle control and monitoring, and so on.
Big tech is planning ahead. So I know they are talking about AI but its a lot more. The cant really say what they are investing all the money for. But its not hard to figure out.
Chop chop the clock is ticking and not in your favour.
I want to launch a satellite that eats other satellites and poops out figurines of little hands flipping off so the whole night sky can be a giant fuck you to these morons.
I’ve got $3.50 I can donate to the cause
Intentional Kessler syndrome?
Global find out phase sounds good to me. We shouldn’t be inflicted on the rest of the universe, recent events make that abundantly clear.
How do these idiots always end up in power? And what does that say about our intelligence that we let them?
Don’t threaten me with a good time
Uh huh, wait until China seizes TSMC and the depleted US Navy just has to sit there like pikachu
TSMC has their infra rigged to blow. Naive to think they’d let the Chinese have it
Everyone has a self destruct button these days it feels like.
And a cautionary tale for green transition…
The American war
Which one of them?
Oh no. Higher pc component prices! Somebody hasnt shopped computer recently.
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إِنْ شَاءَ ٱللَّٰهُ
