• Rekall Incorporated@piefed.socialOP
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    22 hours ago

    The question is how soon.

    The bubble can go on for a long time with circular financing schemes and it has full backing of the US gov.

    It’s worth pointing out that lack of RIO has been a thing for a while now.

    • Buffalox@lemmy.world
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      22 hours ago

      Even Sam Altman is recognizing that profitability is a bigger problem than he originally thought.
      I think investments could already be slowing down, but of cause this is also a pissing contest among the richest people in the world.
      And they may think the one that can stay the course will be the ultimate winner.
      So I’m not sure this race is decided based on reason, because billionaires tend to be megalomaniacs.
      So you may need to buy a new battery for your old phone if you want to avoid the high RAM prices. 😋