neidu2@feddit.nl to Ask Lemmy@lemmy.world · 3 months ago"During a gold rush, sell shovels" - What are some other examples of this?message-squaremessage-square58fedilinkarrow-up11arrow-down10file-text
arrow-up11arrow-down1message-square"During a gold rush, sell shovels" - What are some other examples of this?neidu2@feddit.nl to Ask Lemmy@lemmy.world · 3 months agomessage-square58fedilinkfile-text
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
minus-squareelucubra@sopuli.xyzlinkfedilinkarrow-up0·3 months agoThey 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
They 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