this post was submitted on 24 Jun 2026
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I don't think it's polarizing. It's just sad.
The machine is a pretty decent deal at current prices. Not much to be done other than wait for the bubble to pop.
We're really not going to need this many data centers. AI is not going to replace most labor as they expect.
I’m curious to see whether companies will actually reduce prices back to the norm after the bubble pops tbh. Historically, inflation only goes one way.
Inflation only goes one way because deflation isn't really good. It creates a situation where not spending money nets a return. Inflation means you need to spend or you lose value. The ideal is wages keep up with inflation (which they aren't).
Now, I don't really buy into the Keynesian economics idea like I used to, that forcing spending is a good thing for the economy. Yeah, it boosts economic activity, but does that net really help the average person or only the elites? However, I still think deflation, especially to any significant degree, is almost certainly bad. It would cripple economic activity, which would cost jobs, because the best thing you could do is spend as little as possible.
However, computer hardware prices aren't really inflation. They effect the measure of inflation, but they aren't caused by it. They're caused by incredible demand, and a lack of supply. There's some inflationary effect to it, but their price has increased far faster than the price of their inputs.
This is all hanging on the word "inflation" in his comment, which wasn't really referring to general inflation like you are. It was clearly restrained to computer equipment, where the current bubble is.
Maybe. Generally when people use the phrase "inflation only goes one way" they're talking about general inflation. Inflation is rarely used to mean price increases. It's used for the overall decrease in buying power per unit of currency. Obviously prices do sometime come down.