I don't think any of this is "fascinating" - it is more of a racket scheme. They push the prices up. Governments failed the people here.

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yooogurt a day ago | parent [-]

Isn't this more easily explained by supply-demand? Supply can't quickly scale, and so with increased demand there will be increased prices.

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ozgrakkurt 17 hours ago | parent [-]

Imagine someone goes to the supermarket and buys all the tomatoes. Then supermarket owner says I don’t know, he bought all at once so it is a better sale. And he sells the remaining 10% of tomatoes at a huge markup

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vittore 16 hours ago | parent [-]

I think it is better compared to Dutch folks buying all the tulip bulbs. And the price skyrocketed.

	▲	Ekaros 13 hours ago \| parent [-]
		Tulips were by my understanding more so NFTs. Rich people gambling when bored. With promises for tulips in future... Future contracts for tulips. And prices were high because they were insanely rich merchants. The RAM looks like cornering market. Probably something OpenAI should be prosecuted for if they end up profiting from it.