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@npub16pgd...jv07 The bursting of the AI bubble cannot come soon enough. Imagine DRAM going for pennies

@npub16pgd...jv07 Yep, it's really that crazy. Blog entry from 10 days ago puts it in historical context, looking a oligarchs in the 19th and 20th centuries manipulating markets and cornering them:

On Inequality & Cornering Markets in Times Ancient & Modern

In the Gilded Age of the late 19th century in the US, the über-wealthy had a tendency to corner markets in commodities, to extract higher prices f...