alt Hacker News> it can stay irrational for long enough to destroy everything we know in tech
What does this even mean? I know people on the internet sometimes exaggerate, but I cannot even begin to find a more charitable meaning with this, what exactly will be "destroyed" in "tech" because of prices going up for a year or two?
Here's an easy experiment to conduct: look around the room at your home and count all the devices that have a CPU, RAM, SSD or HDD.
Then take a look at your bank statement to see what are the services you pay for monthly that also require the same hardware.
Now, imagine that these devices or services can no longer procure RAM, SSD or HDD. There's no more available supply for these components, because this is what's happening.
Would you still be able to have these devices if they all broke tomorrow? What about your hypothetical Backblaze subscription? Would you still be able to have an off-site backup?