Memory makers did get themselves into this situation by selling all wafers for empty promises and alienating everyone but OpenAI tbh. I do hope they end up holding the bag once again, cause after covid and the cartel thing they don't seem to ever learn their lesson on how to have the tiniest amount of integrity.
> Memory makers did get themselves into this situation by selling all wafers for empty promises and alienating everyone but OpenAI tbh.
Wasn't the problem here that OpenAI was negotiating with Samsung and SK Hynix at the same time without the other one knowing about it? People only realized the implications when they announced both deals at once.
While we're giving away bags, I'd like HDD manufacturers to get some too.
That wouldn’t help if another one goes bankrupt that’ll only make things worse.
Sounds like they're too big to fail, maybe we should bail them out to reinforce that they will get rewarded for making bad decisions.
Permanent public ownership of (very large stakes in) these companies doesn't seem like such a bad idea anymore, does it? It's what we used to have for most of the 20th century at least in Europe.
Yeah and exactly zero of those companies are European as a consequence. I think we won’t be taking Europe’s lead on this, thanks.
How do you reconcile this capitalistic zeal with how opposed to honest capitalism these companies are?
That's only sound is it not. If you take away the hype - nothing critical actually depends on LLMs. You can remove them all today, and nothing bad would happen.