View all comments ➔Show context ➔
  • He is not just any AI guy. He specifically bought out 40% (!) of the memory production of the entire world (!!), which is the direct cause of the chip shortage and skyrocketing price.

    • And not because his company has a specific need for it, but specifically as a market denial tactic. It turns out, if you have no meaningful way to make your product useful, but also have more money than god, you can just disrupt global supply chains until your competitors can’t compete and your unwilling market is captured.