youre rich

But the crash is the moment where the people with actual tech knowledge will have leverage to say them: "pay me 10 times my standard rate or get bent"

I mean, in essence, it refers to you trying to get someone else's attention when you are outside of a situation and looking in.

I, for one, applaud anything that helps destroy the current Intellectual Property system.

Not the other things, though.

The silver lining in all this is that when this bubble explodes we'll probably have a glut in the supply of HDDs and SSDs, driving prices down.

Just hold any plans to upgrade your hardware for a year or two and you'll end up better of (for many it will even be a good exercise to wean oneself out of the mindless "instant gratification" impulses one is indoctrinated into by Consumer Society).

Except the ones feeling the hurt the most are the little guys

Agreed.

One single potentially good thing in the middle of bad things still adds to something bad.

My point is that this shit is happening either way no matter how shit it all is, so if we can recognize and extract one good thing out of it at least on the other side we'll have one good thing, whilst if we don't, we'll have nothing good at all.

you'll end up better

...maybe not if you are part of that bubble in some way, e.g. by participating in the corresponding stock markets that are currently dominated by those tech companies.

So best change your investment strategy, then.

If people persist in riding this bubble out of greed, it's only fair if they get burned when it blows up.

The social dynamic would flip overnight if Americans suddenly had self control. The oligarchs control us by controlling our habits, and so many people are mindless about their habits and are impulsive and subservient as a result.

Just buy essentials and make your fun with what you have. Call it "soft striking".

Exactly.

People behaving as "consumers" supports the current system and hence supports the harmful side effects of such system, from the systemic suffering from wealth inequality to ecological destruction.

Whilst very few of us, living within this system, can in practice stop living within the system, we can refrain from living in accordance with the rules of the system which are not imposed on us via removing all other choices or force, but which we are "nudged" or manipulated to follow using marketing or even propaganda, and pretty much everything which is "impulse" or "deriving a momentary pleasure from buying" are the latter kind of thing.

Cue that guy laughing in between mountains of toilet paper

https://youtu.be/1pqXaVVmN-c

On temporary contracts and at reduced wages of course because times are tough.

Software engineers predicted this would happen. The percentage of developers that love fixing other people's code is essentially zero, fixing ai code is even smaller.

If they require low wages, they'll only get the worst of the worst. Expect this phase to repeat until they are forced to hire for competence and pay above market rate required to convince senior developers to deal with not just the ai mess but all the failed attempts to turn it around.

I hope so! But if the economy gets bad enough I can see people getting desperate enough that they'll all scramble and under-cut each other into oblivion just to secure the work. Time will tell I guess.

The social dynamic would flip overnight if Americans suddenly had self control.

"If only everyone would get together and collectively do " we could actually fix a lot of problems.

There is no solidarity in society. Much of that is by design, but a lot of it is human nature.

More of it is by design than you seem to think. Look at all the effort and money being put into dividing people... if entropy was humanity's natural state, why all the effort to make it happen? And I didn't say some silver bullet would do it, but that the more people take control over their habits, the less they inherently give up control to the wire pullers...

"The conscious and intelligent manipulation of the organized habits and opinions of the masses is an important element in democratic society. Those who manipulate this unseen mechanism of society constitute an invisible government which is the true ruling power of our country. We are governed, our minds are molded, our tastes formed, and our ideas suggested, largely by men we have never heard of…. It is they who pull the wires that control the public mind."

Edward 'The Father of Public Relations' Bernays

Tribalism is an inherent part of human nature. Capitalism and nationalism certainly exacerbate and exploit this though, no doubt about it.

Tribalism is a part, no doubt, but we are more than capable of rising above it and seeing beyond our tribalism, or at the very least seeing humanity as a single tribe/super organism.

Yeah, me too. I keep it at the bottom of a well, and use a bucket to lower things up and down.

Wait, what were we talking about again?

Actually no. We won't due to anti gray market policies from data centers. For example Google shreds all HDDs after their service life(5years max usually) expires. We have a net loss from the data center hardware fiasco.

The devices will be returned to the supplier (they are supplied on credit) and then destroyed.

The manufacturers won't want to flood the market with discounted hardware.