2026/01/09

Software Engineer Explains How the AI Economy is Vaporware

“The reason why RAM has become four times more expensive is that a huge amount of RAM that has not yet been produced was purchased with non-existent money to be installed in GPUs that also have not yet been produced, in order to place them in data centres that have not yet been built, powered by infrastructure that may never appear.”
– Silicon Valley software engineer Jatin K Malik, on the speculative economics of AI infrastructure. [quote edited]
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