I think a lot of people left out the fact that these companies have been accepting public funds for R&D and expansion, and now they’re no longer using those funds to sell consumer products, but rather dumping them into the insatiable maw that is AI.
Here’s the actual TL:DW (it’s not that long, and I did watch it)
Steve describes what’s happened (Micron shuts down Crucial their consumer-facing “store brand”), mocks their stupid press release, and discusses the nuances involved, will they still be selling to all the rebadged memory resellers who use Micron as a supplier? Unclear, their reps and defenders say yes, their PR and the context implies not really, unless those resellers want to get into a bidding war with AI datacenters that they’re not going to win. Steve not-so-subtly implies that this seems awfully sort of kind of like more price fixing from a small group of oligopolist companies who have in fact been convicted in the past of price fixing, while explictly stating that he is, of course, for legal reasons, definitely NOT implying that in any way shape or form. Some much deserved ranting about how shitty and frustrating this situation is is mixed in throughout and he goes over details about exactly how much prices have risen already, pointing out all the different devices that require some form of high speed memory that are going to be affected by this. Some further discussion suggests the possibility this might just be a shot across the bow to let the other memory companies who are totally not colluding with Micron and never would consider doing that to let them know it’s absolutely time to not collude about anything like that because of course they’re all paying very close attention right now. So we’ll have to see what else develops, but basically he’s letting everyone know he’s on it, and he’s paying very close attention too.
I might’ve read between the lines a bit in a few places, I have some of my own strong feelings about what’s going on here, so I apologise if I inadvertently mixed in any of my own interpretation by accident.
Well I mean the 3 DRAM manufacturers that matter all made the decision to ramp down consumer RAM manufacturing. OpenAI alone is buying up 40% of all global DRAM production.
Given all the financial fuckery going on with OpenAI and the AI and hardware industries in general, I’m pretty sure this is intentional price fixing.
You can always click on the transcript on YouTube if you’d prefer to read. If you then need it summarized, that’s one of the things LLMs are actually (mostly) useful for.
Unless the YouTuber provides the transcript themselves, they’re basically auto-generated captions that aren’t accurate. And you still gotta have YT open to read it.
So a guy reads from an outline or script into a YouTube clip we can view (after ads) with a transcript we can then summarize with an LLM so we can replicate the outline or script originally used?
The downvote and next buttons are, like, right there.
Not really sure where you’re coming from. If you don’t want to watch a video … like, maybe, just don’t? I was attempting to provide solutions. And “a guy reads from a script” is literally how videos are made, so that’s a weird flex.
Steve has really come into his own as EIC in the past two years, and the channel (which I used to ignore) is much better for it. Come for the stats, stay for the biting political commentary.
Can we get a TL:DW for people that don’t want to watch a video?
I think a lot of people left out the fact that these companies have been accepting public funds for R&D and expansion, and now they’re no longer using those funds to sell consumer products, but rather dumping them into the insatiable maw that is AI.
Socialize the costs. Privatize the profits.
Here’s the actual TL:DW (it’s not that long, and I did watch it)
Steve describes what’s happened (Micron shuts down Crucial their consumer-facing “store brand”), mocks their stupid press release, and discusses the nuances involved, will they still be selling to all the rebadged memory resellers who use Micron as a supplier? Unclear, their reps and defenders say yes, their PR and the context implies not really, unless those resellers want to get into a bidding war with AI datacenters that they’re not going to win. Steve not-so-subtly implies that this seems awfully sort of kind of like more price fixing from a small group of oligopolist companies who have in fact been convicted in the past of price fixing, while explictly stating that he is, of course, for legal reasons, definitely NOT implying that in any way shape or form. Some much deserved ranting about how shitty and frustrating this situation is is mixed in throughout and he goes over details about exactly how much prices have risen already, pointing out all the different devices that require some form of high speed memory that are going to be affected by this. Some further discussion suggests the possibility this might just be a shot across the bow to let the other memory companies who are totally not colluding with Micron and never would consider doing that to let them know it’s absolutely time to not collude about anything like that because of course they’re all paying very close attention right now. So we’ll have to see what else develops, but basically he’s letting everyone know he’s on it, and he’s paying very close attention too.
I might’ve read between the lines a bit in a few places, I have some of my own strong feelings about what’s going on here, so I apologise if I inadvertently mixed in any of my own interpretation by accident.
Thanks!
TL:DW;
Mr. Nexus still thinks its news that, under capitalism, production of luxury goods will always be sold to the highest bidder and not “the masses”
I didn’t watch it either. But its about Micron no longer selling consumer ram in favor of the AI industry customer.
So there’s three companies that make almost all the DRAM and they’re now all ramping down production of consumer RAM.
They’ve also done price fixing in the past.
I don’t think much math needs to be done.
I respect that Steve was able to control himself and only make a 25 minute video on this.
Who tries to give a TL:DW for a video they didn’t even watch? So weird
https://piefed.ca/comment/2532727
Oh wow, I got all the important parts didn’t I?
Crazy…
No, and your hostility is out of place. Do you have something against GN?
Thanks! So literally a nothing burger.
I hate YouTube clickbait.
Well I mean the 3 DRAM manufacturers that matter all made the decision to ramp down consumer RAM manufacturing. OpenAI alone is buying up 40% of all global DRAM production.
Given all the financial fuckery going on with OpenAI and the AI and hardware industries in general, I’m pretty sure this is intentional price fixing.
You can always click on the transcript on YouTube if you’d prefer to read. If you then need it summarized, that’s one of the things LLMs are actually (mostly) useful for.
You made the dreadful mistake of saying something positive about LLMs. We shall now proceed to downvote you accordingly.
That’s why our instance has no downvote mechanism!
Unless the YouTuber provides the transcript themselves, they’re basically auto-generated captions that aren’t accurate. And you still gotta have YT open to read it.
So a guy reads from an outline or script into a YouTube clip we can view (after ads) with a transcript we can then summarize with an LLM so we can replicate the outline or script originally used?
The downvote and next buttons are, like, right there.
He also publishes written articles, but not for all videos, and not usually at the same time as the video.
Edit: also, there’s more to the video than reading from a script. You’d know this if you, uh, watched the video.
Not really sure where you’re coming from. If you don’t want to watch a video … like, maybe, just don’t? I was attempting to provide solutions. And “a guy reads from a script” is literally how videos are made, so that’s a weird flex.
Steve has really come into his own as EIC in the past two years, and the channel (which I used to ignore) is much better for it. Come for the stats, stay for the biting political commentary.