• bonenode@piefed.social
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    21 days ago

    I think calling it a RAM shortage is a bit incorrect. It is not like we are running out of raw materials or something else in the supply chain is broken. It’s shitty AI companies buying RAM that is not existing yet with money they don’t have. Unfortunately there’s no good term for that, I guess.

    • kingofras@lemmy.world
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      21 days ago

      It’s called Imaginary Economics.

      It tends to happen right before a capitalist system fails.

    • anomnom@sh.itjust.works
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      20 days ago

      Supply monopolization?

      Consumer fraud?

      Sherman Act cartel market manipulation.

      Section 1 of the Sherman Act prohibits price fixing and the operation of cartels, and prohibits other collusive practices that unreasonably restrain trade.