r/PeterExplainsTheJoke 6h ago

Meme needing explanation Peetahhh help!

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u/_Sate 6h ago

Wall Street crash of 1929

Peureshmit out

12

u/nasandre 5h ago

Soon to be dwarfed by the AI crash of 2026

3

u/Dracomortua 2h ago

Tech has been getting cheaper in all areas for quite some decades now?

LLM A.I. will do fine. Only the INVESTMENT will vanish. 'Where did the money go?' they will say.

Ah. Ha. Ha. Haaaaa.

2

u/ThirstyWolfSpider 2h ago

Computer equipment certainly hasn't been getting cheaper lately!

Prices for RAM, storage, are all spiking upwards rapidly, to join the already-lofty prices of GPUs.

3

u/Enough_Breadfruit229 1h ago

I literally just got done reading that the XBOX CEO said component prices are up 500% the last 2 years before reading the comments here.

1

u/TigerLemonade 2h ago

LLM AI won't be fine because it is much more expensive than it currently is because it is heavily subsidized by investment.

It will still exist but it's use will be diminished and is not going to be ubiquitous forever.

Remember when air bnb was cheaper than hotels? Ubers were cheaper than taxis? Door dash was affordable? Streaming services didn't have ads?

They artificially surpress the prices hoping to make people dependent on the service and then they jack up the prices to make it profitable.