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AWS raises GPU prices 15% on a Saturday, hopes you weren't paying attention

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Re: AWS raises GPU prices 15% on a Saturday, hopes you weren't paying attention

#271
post #47
post #38

Earlier quoted context omitted.

If capitalism prices me out of owning property, then I've not much use for it.

Maybe what you're calling capitalism is just oligarchy, in which case the nuance really doesn't matter.

I think the standard argument is that capitalism inevitably develops into oligarchy. Even the most basic setup of property rights protected by a legal system, presupposes a central authority of some kind who makes the ultimate decisions. Where there is law, there are courts, executive and legislative functions. More complex structures like joint stock companies introduce their own dynamics but also depend on a central authority to enforce contract law. Everything is downstream of security.

Re: AWS raises GPU prices 15% on a Saturday, hopes you weren't paying attention

#272

Earlier quoted context omitted.

I don't know, do these small-storage-size models actually have that big a market share compared to the others? They also sell 1 TB iPhones and I think on the latest generation the minimum storage has been increased. If nobody bought them they wouldn't sell them (see the lack of newer "mini" models). I always thought that these models with tiny storage and tiny ram (for laptops) where just so that they could hook you…

Approx 2/3rds of Americans pay Apple monthly for storage, according to consumer research. Original source is paywalled but lifted quotes here: https://www.idownloadblog.com/2024/08/21/cirp-survey-apple-i... The smallest one is the cheapest, it's basic economics to assume that it sells the best. I would guess 60%+ buy the smallest, and I don't even need to look at data. You're welcome to disprove me. The popularity of…

I don't know that I buy your basic economics theory. Starter prices are a thing to get people in the door and upsell them later. According to [0], the iphone 17 pro has a larger share than the regular 17, although it's more expensive.

And, again, paying for cloud storage doesn't automatically mean that they do it because their local storage is too small for their needs. Apple pushed iCloud as a solution to safely back up your stuff, and I doubt nobody bought into this angle.

[0] https://telemetrydeck.com/survey/apple/iPhone/models/

Re: AWS raises GPU prices 15% on a Saturday, hopes you weren't paying attention

#273
post #68
post #12

- GPU prices rising - RAM prices rising - hard drive prices rising Are we looking at a future where home computers are replaced by thin clients and all the power lies in subscription services? ‘You don't need storage space, use our cloud subscription’ ‘You don’t need processing power, stream your games through our subscription service.’ Game publishers have already publicly floated the idea of not selling their games…

For Christmas I got an alarm clock that basically doesn’t function without a $50/year subscription. For an alarm clock (Hatch.co). Consumers need to get better at understanding TCO when buying things. Or maybe the government should be slapping those “annual cost” stickers like they do on washing machines to understand how much electricity they use.

I almost fell into this trap when buying a 'smart ring' for my spouse this year. Oura wanted $349 for the silver (!) and a subscription fee on top of that.

RingConn was cheaper, the build quality seems great, and there's no subscription fee. That made the decision a no-brainer.

Re: AWS raises GPU prices 15% on a Saturday, hopes you weren't paying attention

#275
post #55

Earlier quoted context omitted.

I don't know how everyone arrives at that conclusion when the cost of the subscription services is also going up (as evidenced by the very article we're talking about). People who are renting are feeling this immediately, whereas people who bought their computers can wait the price hikes out for a couple years before they really need an upgrade.

Subscriptions have a "boiling frog" phenomenon where a marginal price increase isn't noticable to most people. Our payment rails are so effective many people don't even read their credit card statements, they just have vampires draining their accounts monthly. Starting with a low subscription price also has the effect of atrophying people's ability to self-serve. The alternative to a subscription is usually capital-i…

> The alternative to a subscription is usually capital-intensive - if you want to cancel Netflix you need to have a DVD collection.

I did Apple Music and Amazon Music. The experience of losing “my” streaming library twice totally turned me off these kinds of services. Instead I do Pandora, and just buy music when I (rarely) find something I totally love and want to listen to on repeat. The inability to build a library in the streaming service that I incorrectly think of as “mine” is a big feature, keeps my mental model aligned with reality.

Re: AWS raises GPU prices 15% on a Saturday, hopes you weren't paying attention

#276
post #266
post #12

- GPU prices rising - RAM prices rising - hard drive prices rising Are we looking at a future where home computers are replaced by thin clients and all the power lies in subscription services? ‘You don't need storage space, use our cloud subscription’ ‘You don’t need processing power, stream your games through our subscription service.’ Game publishers have already publicly floated the idea of not selling their games…

> How long before car ownership is replaced with autonomous vehicle car pools? That is very much a future I look forward to living in. Not requiring to own a car but sharing it efficiently with folks in the neighborhood, would save quite some parking space for unused vehicles in front of homes, and centralize maintenance to the companies operating the vehicle fleet.

> That is very much a future I look forward to living in.

What makes you think owning homes will be convenient in that future?

To quote a proponent of this future: “You’ll own nothing and be happy”.

Re: AWS raises GPU prices 15% on a Saturday, hopes you weren't paying attention

#277
post #59
post #38

Earlier quoted context omitted.

If capitalism prices me out of owning property, then I've not much use for it.

Billions are already "priced out" of owning property, why do you think you joining them would have any broader impact? EDIT: I don't know why I'm being downvoted. Billions of human beings have absolutely nothing to their names, and they have no power to change things. Because they own nothing. That's a basic fact of our globalized capitalist economy.

I guess the broader impact is cause the people on here actually do have assets and can donate, vote, call, and influence.

So if the upper middle and lower upper classes are being hollowed out...

Well... what's that leave? Just the super rich, and the rest...

And considering the way the super rich are acting, I suppose they're just fine with that. The morally bankrupt sacks of shit that most of them seem to be, or become...

Re: AWS raises GPU prices 15% on a Saturday, hopes you weren't paying attention

#278

Earlier quoted context omitted.

Historically this has been mostly true with the exception of the recent cost per public IPv4 address.

They made oauth client (cognito oauth credential grant) a subscription, raising our bill X10. Just for having the client registered in the dashboard, even without using that oauth client application. we saw thousands of cost, for zero usage.

Yeah, the tiered pricing changes for M2M[0] in 2024 didn't make much sense to me. I guess I don't understand their COGS, though.

0: https://aws.amazon.com/about-aws/whats-new/2024/05/amazon-co...

Re: AWS raises GPU prices 15% on a Saturday, hopes you weren't paying attention

#279
post #170
post #32

Earlier quoted context omitted.

[flagged]

You have that option, it's called buying a house and getting a mortgage. You just rent from the bank for 30 years first. But you're not thinking x=30 with any responsibility other than writing a check, I bet. If I had to guess, I'd say you want x There's a reason why a mortgage with very little down payment is a lot more than comparable rent.

> You have that option, it's called buying a house and getting a mortgage.

A landlord will happily swallow 50% of your income but a bank will start to feel bad about a ~30% debt to income ratio, so no you can't really.

Reminder that a 300k mortgage over 30 years at 5% costs you 600k in the end, so you're fucked either way, at best your kids might benefit from your investment.

Housing got way more expensive since the 2000s, most people are priced out of buying a house, most can't even qualify for a mortgage to afford an average house.

https://cdn.statcdn.com/Infographic/images/normal/34534.jpeg

The average Joe, well, median Joe in that case, living alone in say France/Germany/UK can barely qualify for a 200k mortgage over 30 years, and that won't get you much unless you plan on living like a student your whole life

Re: AWS raises GPU prices 15% on a Saturday, hopes you weren't paying attention

#280
post #4

A few months ago, there was a lot of news lambasting tech companies for extending the depreciation lifespan of GPUs from ~3 years to ~5 years. Do these price hikes suggest a longer lifespan is probably the right way to see how long these GPUs will be valuable?

Not a finance guy, so fully prepared to be wrong here. But my interpretation is that an increase in price corresponds to a shorter lifespan. i.e. less time to make money so we need to charge more to get the same return over less time It could also be a supply/demand issue, generally price increases are caused by either 1. demand increasing, or 2. supply decreasing. In this case we can interpret a shorter lifespan as…

Oh my reasoning was coming at this from a different angle: H200s were released in November of 2023, so they're over 2 years old at this point while still being valuable
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