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How is it LLM companies hoarding all the RAM and fabs complying, fucking up entire industries for years legal? (feddit.uk)

submitted 1 week ago by yumyumsmuncher@feddit.uk to c/asklemmy@lemmy.ml

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Lots of small companies won't survive the components price hike and shortage

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[–] Bluescluestoothpaste@sh.itjust.works 5 points 1 week ago (1 children)

Nothing free about us markets lol

[–] PolandIsAStateOfMind@lemmy.ml 3 points 1 week ago (2 children)

Lack of regulations resulting in a rampant speculation like the above is by definition one of the core tenets of free market. That free market just don't work for people like me or you.

[–] Signtist@bookwyr.me 7 points 1 week ago (1 children)

People think "free" means "I can do whatever I want," but really it usually means "people with more power than me can do whatever they want to me."

[–] PolandIsAStateOfMind@lemmy.ml 4 points 1 week ago

It's both, it's a nice illustration of how free is a free market. You could for example speculate on RAM trade or anything else, but the dude with billions of dollars can literally control everything.

[–] Bluescluestoothpaste@sh.itjust.works -1 points 1 week ago* (last edited 1 week ago) (1 children)

No, there's plenty of regulation, it's corrupt regulation and that's not free market.

[–] PolandIsAStateOfMind@lemmy.ml 4 points 1 week ago* (last edited 1 week ago) (1 children)

In this case it's precisely lack of regulation. There's no law forbidding doing this. Now imagine how shit it was with essentials (Irish famine for example).

[–] Bluescluestoothpaste@sh.itjust.works -1 points 1 week ago (1 children)

Go ahead and start your own memory fab then, there's no regulation stopping you apparently.

[–] PolandIsAStateOfMind@lemmy.ml 2 points 1 week ago* (last edited 1 week ago) (1 children)

You seriously can't make a difference between lack of regulation and lack of capital? What do you even think free market is?

[–] Bluescluestoothpaste@sh.itjust.works 0 points 1 week ago

No you're right you just need the cash.