Once everybody has a decent amount of VRAM they can just run local AIs and the need to mess with Ad-laden search results will fizzle. So of course they are desperate to grab a new monopoly. People haven't realised yet, that local AIs are fast and produce good results - on pretty average hardware. If they don't manage to grab a new monopoly Google will be history.

But it doesn't really need a nefarious plot for the price spikes. There is a serious lack of VRAM deployed out there. Filling that gap will take quite some time. Add to that the nefarious plot and the situation will most likely get even worse....

LLM inference is mostly read only, so high-bandwidth flash looks like it could provide huge cost savings over VRAM. It's not yet in commercial products but there are working prototypes already. Previous HN discussion:

https://news.ycombinator.com/item?id=46700384