RE: https://hachyderm.io/@jenniferplusplus/116127090589590254
which is why there is no hoarding of all the computers and RAM for data centers that don’t even exist. what we are witnessing is a mafia-type collusion to remove from commercial circulation all the computational power people need to continue about their daily digital lives without paying rents to IP-thieving techbro clouds.
THERE IS NO RAM SHORTAGE.
THERE IS A BIG TECH COLLUSION TO CREATE A PC TECH SHORTAGE
memory is just the beginning. techbros are out to kill the PC market
That's part of what makes a capital strike non-obvious, if you don't already know what it looks like. It's not just sitting on the money and refusing to spend it. Because that's the one thing you literally can't do with capital. If you leave those resources idle, especially labor, it just goes and does its own thing. You lose control over it. If you just fire everyone, they eventually start working for themselves.
So, to conduct a capital strike, you have to direct the capital toward useless things. Or actually destructive things, if you can manage it.
And thus, AI had "basically zero" effect on the GDP. Because it's economically worthless activity for the purpose of keeping all the resources occupied so they can't be put to any other use.
