I'm not that well versed in how AI companies operate on a technical level, but what would they need massive amounts of HDDs for? Surely when doing something as GPU centric as LLMs, HDDs are way too slow to be in the loop.
Discussion
@campuscodi Fuck this bubble. Pop it.
I need a new computer, but I won't be able to afford one until after the AI bubble bursts.
@campuscodi I will not be surprised if we find out later that this was all collusion to artificially inflate prices
Good job Western Digital drives are shit. I hope data centres have 100% drive failures.
@campuscodi i cant wait for raiding the data centers instead of raiding area 51
@campuscodi Now I'm waiting for China to step in and fill the gap.
Just SSD? Because I've been trying to get a couple of HDDs for my home NAS and the prices keep jumping all over the place.
I wish I had gotten the idea last year, but at least last year I swapped all my hardware before the RAM crisis.
@campuscodi I think they saw the grifting on RAM prices and wanted in. Doubt they actually scored 'huge AI contracts' for their HDD inventory. But who'll prosecute? And in the meantime, every HDD vendor will jump on the chance to up prices.
@campuscodi If they buy up all the hard drive space then you don't have any opportunity to build your own shit and store stuff they don't want stored.
Should maybe be looking at optical next. Might be finding out that for whatever reason AI needs all those 1000 year storage disks too and all the stuff used to make them.
@campuscodi dude how much of that is like just for swap
Be interesting if, having locked up the market, AI companies start arbitraging SSDs.
@mastodonmigration @campuscodi
Remember when the founder of WeWork was borrowing money as a company director from WeWork, then using that personal cash to buy buildings that he then leased to WeWork to repay the loans?
Who owns the current options on the blank chips that OpenAI "bought"?
Was it the company or was it Altman hmself?
Yup. With these guys if there is the potential for grift, expect grift.