alt Hacker News> Moves like this should be illegal.
Should be, as in, new legislation should criminalize it? What's the generalized principle? Or should be, as in existing law should cover it? And if so, what law / how?
Replies
daemonologist • today at 3:54 AM
Should be investigated as anticompetitive behavior under the FTC Act. Of course that's unlikely to happen. Maybe also market manipulation under the Commodity Exchange Act.
thefz • today at 8:13 AM
> Should be, as in, new legislation should criminalize it? What's the generalized principle?
RAM manufacturers are a de facto duopoly manipulating the market to gouge prices. It's not that difficult to see.
It wouldn't shock me if this is actually just market manipulation. OpenAI in the past year seems to be operating more and more like a pump and dump machine. Their recent AMD deal seems to have been AMD giving them a bunch of stock for free in exchange for them announcing that they would use AMD GPUs for training, and OpenAI doesn't have any fab equipment so the only thing they can do with 40% of the global dram supply is sell it to someone else.