"During a gold rush, sell shovels" - What are some other examples of this?
"During a gold rush, sell shovels" - What are some other examples of this?
A couple of others I can think of:
- Crypto-boom of 2016ish: GPUs/mining rigs
- LLM/AI hype nowish: User generated data
- 90's dotcom bubble: Server space
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LLM/AI: also GPUs.
67 0 ReplyI can't wait for the bubble to burst, so we can finally get affordable GPU's again
3 0 ReplyIt's been what, 10 years? It wasn't AI that jumped up the prices, before it was crypto, After this it will be something else.
3 0 ReplyAffordable GPUs is a thing of the past I'm afraid. Bubble or not I'm afraid they will never come down.
4 0 ReplyThey wont come down. Prices are upwardly sticky. Nvidia and the rest have seen that people will pay those inflated prices, so they have no incentive to lower them
3 0 Reply
I was thinking that, but figured I'd go for input data instead for the sake of variation.
14 0 ReplyCan't sell something they can easily steal and get away with it.
6 0 Reply