Comment by Joel_Mckay

1 month ago

>if the technology is useful the markets it'll spur competition and prices will come down.

Regulatory-captured markets have nothing to do with free competition, or bidding down price pressures. You do have monopolistic competitive firms drawing $4Tn in loans to artificially hyper-scale demands for NVIDIA hardware that earns you -$2.50 for every $1 in revenue.

Your home heating bill may double this winter because the economic engine is currently post-consumer/broken. We shall see how this plays out. =3