different form of stagflation... due to Ai boom
Ai is hoarding and consuming enormous amount of resources
copper, silver, computer parts, etc
ram price have 10x since several months ago
same goes for pc storage, etc
same goes for other commodities (like copper, silver, etc)
problem is due to Ai, companies have stopped hiring
due to ai flation, other industries are basically starving for resources
future is now, economy is heading to Ai-flation
ai industry driven inflation with no job growth, no economic boom but higher cost due to ai resource consumption
just a single RAM stick now cost just as much as pc
eventually, every resources will be consumed by Ai and you will own nothing
you will be out-competed, and out-priced to Ai