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The problem is that the situation in the RAM market might just... not go away. It's locked in for the next couple of years unless the AI market goes pop. Which it might! But if it doesn't, there's no particular reason to think that the incentives for cornering the market like OpenAI have would go away.

We might see that new normal in five years or so. We will see a new normal sooner than that if there's a run on AI because of the sudden availability of DRR fab capacity, but also we'll probably see the level of local models freeze at whatever state they've got to at that point. But an equally likely outcome is that any new DDR capacity that comes online is just immediately absorbed by frontier AI, and consumer devices stay at "just good enough" for a decade.



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