I don't really get the panic. This is the same as the pandemic, just for different reasons. A change in demand is causing supply shortages and price hikes. But the demand will eventually swing back as the current demand is completely unsustainable. AI demand will crumble, prices will bottom out, and companies who bet big on AI & RAM will end up going into big layoffs triggering another recession and a huge market crash. We literally just went through all this, it can't be a surprise.
On the AI correction point: given the K-shaped economy, we're headed for a mean reversion either way. Either the bottom corrects upward or the top corrects down. Real life being what it is, I'm bracing for the latter. Though I'd love to be proven wrong
We are in mutual bafflement: this is just like COVID because the AI bubble will pop causing a recession and market crash?
From what I see in other comments, if you can confidently assert “AI bubble; no one will want GPUs soon” it makes sense, but the COVID stuff is a head scratcher.
