Just a few manufacturers hold the effective cartel monopoly on LLM acceleration and you best bet they will charge out the ass for it.
Just a few manufacturers hold the effective cartel monopoly on LLM acceleration and you best bet they will charge out the ass for it.
Ironically, that's an example I like to list as "pure sci-fi fantasy, divorced from economic reality."
The total cost of the iron ore that goes into making a new a car is about $200-$300 dollars, depending on various factors (size of the car, ore spot price, etc...).
Even if -- magically -- asteroid mining made not just "iron ore", but specifically the steel alloy used for car bodies literally free, new cars costing $30,000 would now cost... $29,700.
You can save more by skipping the optional coffee cup warmer, or whatever.
In reality: 90% of iron and steel is recycled, and asteroid mining is not magic.
It's stuff like platinum and germanium that makes asteroid mining potentially interesting.
On Earth, geological processes concentrate elements into ores, primarily through volcanic and hydrological means. Neither are available in small, cold asteroids devoid of liquid water. Hence asteroids are generally undifferentiated mineralogically, making mining them much less economically viable.
You often see total quantities listed as an amazing thing, glossing over the fact that the Earth has more of everything and in usefully concentrated lumps.
Barring a Chinese invasion of Taiwan, these APIs will halve in price over the next year.
On the other hand, for all peoples worrying about China, they are pretty restrained given the enormous turmoil the invasion would cause. If they wanted to break the USA, now would probably be the time to do it?
https://www.theregister.com/2023/03/14/us_china_tsmc_taiwan/