Every ten years the RAM cartel raises prices (it's not really about AI, see Gamer's Nexus) and every ten years it is forced to lower them again.

Why should it be the new norm? We have an abnormal situation now, of massive amounts of investor money being poured into unprofitable bets, that this time had the side effect of eating up hardware components. There are two possible outcomes:

1. Yes, it's the new normal, then production capacity will be increased and prices fall.

2. No, it's not the new normal, the bubble pops and component prices come crashing down when buyers default etc.

Option 2 has been the normal outcome of these situations so far. But sure, questions remains how long all of this will take.

I don't know if it'll be a year or two, hard to say exactly when the AI bubble will pop, but I feel quite certain it's coming. The AI stuff is great but most of the money being thrown around to all these different companies is mostly going to be wasted. Investors don't know who the winners and losers will be, just like when people were investing in pets.com instead of amazon.com.