alt Hacker NewsAI Doomer: AI is going to rise up and destroy humanity!
AI Optimist: AI is going usher in an era of unparalleled productivity and achievement
The reality: RAM/Chip prices are way, way up. The starter iPad mini is $700.
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> RAM/Chip prices are way, way up
So that cloud providers can have servers and GPUs sitting unpowered in warehouses and datacenters.
The whole supply demand spherical cow model of capitalism really breaks down when suppliers decide they'd collectively use their cartel to not engage in demand and instead gouge prices.
How does AI explain the mini being $250 more expensive than the regular 11-inch iPad?
> The reality: RAM/Chip prices are way, way up. The starter iPad mini is $700.
This has tiny 128 GB of storage and unknown but obviously not too high amount of RAM. At best 16, but probably less.
That's just Apple beeing greedy as usual.
The cheapest configuration of the original model was $329 in 2012 [0]. Even when corrected for inflation, that would still be less than $500 in today's money -- so quite a bit less than $700!
Is the comparison unfair because today's model is much more powerful than the one from 14 years ago? Perhaps. But perhaps it shouldn't be compared to the past, but to its relative competitors?
[0] https://www.apple.com/newsroom/2012/10/23Apple-Introduces-iP...