How do I put this.

AI isn't exactly the cause of the rise in the price of hardware. Only 1/6th of the purchased Nvidia cards are actually in data centers. Same for the memory.

We're not using it.

What's really drumming up all the prices is that the billionaires are convinced that AI is going to replace tons and tons of people. It's not. It's the insane corporate hype that's doing all the damage.

It will replace some, sure. The same way the electric drill replaced carpenters. One electric drill does not replace one carpenter. That's not how that works. Instead the carpenters can work a bit faster and their job is a bit easier. It's worth buying and it's worth using, but it doesn't really replace a person. Accountants didn't disappear as a profession when spreadsheets were invented.

There were books written in the 1980s about how household appliances raised the standard of cleanliness. Turns out people change clothes more when cleaning clothes doesn't involve a washing board. And I don't think Roombas replaced that many jobs either.

In particular, I think this is a thing that will happen for software development. I don't think it'll reduce the number of developers we need. I think the standards for development will just be higher. All the front end stuff in particular is going to get easier, and you won't need as many frameworks. We'll especially need just as many devs, if not more, in the short term. Someone's going to have to fix the mess all these companies are going to make after they've fired half their devs and tried to just vibe code everything.