Hopefully someone gets a good “Line of Sight” on the Micron CEO.
🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏
Forcibly retiring the CEO would achieve nothing. Even if somehow, in some fantasy, there existed a CEO who would say “nah, I’ll turn down this boatload of cash from idiots trying to cash in on AI, who want to buy out our current and foreseeable future supply, for the sake of domestic consumers”. They’d be ejected from their companies by their respective boards/shareholders so fast they’d burn up in the upper atmosphere. Blame the people marketing these glorified text predictors as “artificial intelligence”.
Pretty sure this is all just “part of the plan” so in the end we can’t afford to own our own hardware so “cloud” gaming becomes the only form of gaming and we hit that finality of owning nothing like we already do with most all digital purchases. Except we won’t be happy about it.
Demand for the non-existent data centers is a demand that bound to pop. These statements are self-serving or delusional, maybe both.
The dotcom bubble popped because of the shortsightedness of the last mile of infrastructure that could have made us, today, have a base Internet speed of 1gbps. How I see AI compared to it is they only have the first mile figured out and hoping more money will equal more better.
It will crash, it will burn, it will be a black hole for the economies and companies that leaned in. It will turn around pretty quick, but there will be pain because of how many “first miles” they created.
