• FauxLiving@lemmy.world
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    29 days ago

    The comments in here are starting to look like Reddit with the conspiracy nonsense.

    Memory isn’t expensive because Samsung is greedy or because they’re secretly stockpiling product. It’s because AI uses a lot of memory and so people are buying a lot of memory and it takes time for the manufacturers to increase supply to meet demand. This is 100s level economics

    From: https://courses.byui.edu/econ_150/econ_150_old_site/lesson_03.htm

    • MehBlah@lemmy.world
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      29 days ago

      Memory is high because there is nothing preventing them from charging anything they want above and beyond the cost of manufacture.

      • FauxLiving@lemmy.world
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        29 days ago

        Yes, that would be true if they had a true monopoly.

        However, in an open market when a producer offers their goods for higher than the market rate, another producer can steal their business by simply offering the products at market rate. If Samsung decides to try to price gouge then customers can buy RAM from Micron, the only time that this isn’t possible is if there is more demand than their is supply (i.e. Micron has no stock) in which case, microeconomics tells us that the market price will increase.

        • MehBlah@lemmy.world
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          29 days ago

          How naive to think they all wont do the same thing when their only goal is profit.

          • FauxLiving@lemmy.world
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            29 days ago

            Now you’re suggesting a price fixing conspiracy among the two largest RAM producers, that’s quite a big claim so you surely have pretty solid evidence to support that position.

            Being cynical isn’t evidence and calling people names isn’t evidence.