If it’s temporary I can live with it.
I guess this was inevitable with the absolute insane money being poured into AI.
If it’s temporary I can live with it.
I guess this was inevitable with the absolute insane money being poured into AI.
GPU prices never went back to normal. Harddrives neither, I bought 14TB drives 10 years ago for €200, they've never been that low again.
How many useless living humans do you know? They go somewhere. Something happens to them. Whatever it is it’s about to happen to 30% of the population.
What’s the opposite of survivor bias?
Citation: nvidia/openai circular loans network.
Oh, I can think of about 77 million right off the top of my head.
Hyperscalars refresh hardware and firesale old stock.
~2028 is going to see a lot of high power refurb supply hit the market.
Had some weirdo AMD GPUs that were GCP-only that were offered to folks if you bought in bulk quantity. A whole ton of whitebox Ethernet switches from Facebook were on the market a number of years ago.
Lots of weird stuff like OCP 25G NICs that only were bought in quantity by hyperscalers as well come out in waves. You don't see a lot of these things hit eBay and traditional "used marketplaces" but they are out there if you know where to look and have connections with liquidators. You're unlikely to get deals on a few here and there though unless the market becomes absolutely saturated - usually hundreds are MoQ for a lot of these things.
Storage will be unlikely to see as the risk:reward for a giant company usually is too great. If data was ever written to them, typically they will be shredded vs. secure wiped. Very few large corporations want to take the risk of some liquidator either not running a proper wipe process or something slipping through the cracks. Even with encrypted drives I haven't seen much in quantity hit unless they were quite literally never utilized and straight pulls from large JBOD orders or the like. However, ServerDirect and other places seem to have cracked this nut a little bit considering the number of refurb drives they run through - not sure what their sources are though. Certainly not hyperscaler levels in any case.
Forget the details, as it's been a decade+, but everything gets junked at some point.
They're almost always stripped down, then sold as board+chassis only.
Given this has been going on for years at this point, the high prices of graphics cards through crypto and now AI, it feels like this is the new normal, forever propped up by the next grift.
US is medium risk and increasing rapidly. Run away quickly.
Sure you have to isolate certain rogue states - North Korea, Russia, USA. Always the way.
Big tech will be deemed "too big to fail" and will get a bail out. The tax payers will suffer.
That's how inflation works. In this case it seems more narrow though, there's hope the prices will go down. Especially if the AI hype finds a reason to flounder.
Just like the price of labour. Your salary went up and doesn't come down
In the UK weekly earnings increased 34% from December 2019 to December 2025.
CPI went up 30% in the same period.
Obviously that CPI covers things which went up more, and things which went up less, and your personal inflation will be different to everyone elses. Petrol prices end of Jan 2020 were 128p a litre, end of Jan 2025 they are 132p a litre [0]. Indeed petrol prices were 132p in January 2013. If you drive 40,000 miles a year you will thus see far lower inflation than someone who doesn't drive.