[rmunn]

I'm of the same opinion re: the bubble. The dotcom bubble held on longer than I thought it would (I had been predicting that it would burst in 1999), so I'm not sure I should be making predictions as to when the rental-LLM bubble will burst. But I'm sticking with the hardware I have until memory prices finally fall again. Whether that's only because of spare fab capacity as you mentioned, or because one of the major companies has gone bankrupt and their already-purchased hardware is being sold off at fire-sale prices (perhaps to other companies, who then reduce their new-hardware orders accordingly, which again results in spare fab capacity), I'm going to buy more RAM when it's cheap.

... And I've just been agreeing with you on all points with this comment, haven't I? Time to wrap up the discussion, then: once total agreement is reached then there's not much point in continuing the discussion unless someone has something new to say, and I don't have anything new to say on this topic. See you around.