Comment by chr15m
2 days ago
When prices spike people generally try to make more of the thing so that they can profit from the high prices. It's very likely this is what will happen. The hardware for running inference will get very cheap and abundant, and the software will also get more efficient.
At least for RAM that's not happening. Modern hardware is extremely hard to manufacturer so the moat is huge. We have a handful of makers that silently collude to keep profits up.
Even if that weren't the case, spinning up new fabs takes a long time, 5+ years.