AI 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.
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...
loading story #50254354
loading story #50244931
loading story #50253635
loading story #50244706
loading story #50251110
> RAM/Chip prices are way, way up
So that cloud providers can have servers and GPUs sitting unpowered in warehouses and datacenters.
loading story #50245759
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.
It doesn't, capitalism is the free association without coercsion. When the government can mandate that you cannot sell certain GPUs to customers in specific areas or that your model is too scary and you must shut it down and can give or take government contracts that are work hundreds of millions or billions of dollars, and the federal reserve will bail out the banks If they make mistakes, you have a crony capitalist environment that has very little to do with the free market.
How does AI explain the mini being $250 more expensive than the regular 11-inch iPad?
loading story #50247175
loading story #50246282
loading story #50245774
> 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.
loading story #50244991