My local inference rig now costs three times what I bought it for. If I'd gotten the max ram I could at the time I would have made $10k after selling the excess to my current spec.

How someone can look at an asset class thats appreciated an order of magnitude in the last two years and say it will depreciate in value when the tailwinds are even stronger now is beyond me.

Yes, toilet paper and N95s were expensive and hard to buy once, which is why I stockpiled a lifetime supply of them. Suckers!

Fundamentals dictate hardware is a depreciating asset, they're not wrong. They're just ignoring the reality of the current market.

everything* is 3x more expensive in the same amount of time though. that's inflation mostly.

* except ram