Even after the AI bubble pops, even after Trump is done (for good) with starting more wars, trade or otherwise - we clearly have a "new normal" for prices.
I'm not a pessimist in that I do think consumer computing will survive and we will not end up in a subscription-compute-only future. Prices will eventually go back to getting lower over time.
But I am guessing this one-time extreme re-pricing due to Trump's destruction of all consumer-focused price momentum, and the lack of AI regulation, have together cost us a decade before we're back at price parity per compute/RAM/storage costs even despite technological advancements.
I agree that this isn't the death of home computing. There's Chinese companies that are just getting ready to mass produce ram. Between that and the AI bubble popping prices will eventually go back down
How hard can it be? It's only the most complicated tech humans can build with one of the most sensitive supply chains, while the machines to build them are also skyrocketing in price while all the venture capital is being flushed down the toilet.
Also, if you break ground on your factory today with infinite resources, it'll only take 5 years for you to get a product out the door that's nearly as good as what the big guys put out 5 years ago.
To sell for an even more ridiculous amount of money?
Was there that much demand for the steam deck at the new higher price? I know Lemmy is a bubble but everyone pretty much says it was too much.
Edit: I just saw this in the article so I checked and I can get a 512gb version for $699 on eBay right now. If it is scalpers then they aren't making money.
new and pre-owned Steam Deck units (both OLED and non) are selling around or below Valve’s retail pricing on eBay.
The point of laundering is to make money appear legally obtained at a glance. While most crypto winners are coke fiends, not all are, so if they want money for reasons other than drugs they need that money converted into real money.
People think americans have no money for anything. This might be true for tens of millions of americans! But there are hundreds of millions of them... and a lot of them have 1k to throw around like it's nothing.
It's just not much money for most of us. Just check our grocery bills, electricity bills, mortgages... a one time 1k is just not much. Especially true for urban areas with millions of inhabitants where rents start around 2k a month and go much, much higher.
imagine if your entire fun money budget for years was like... 1k. How many decades would it take you to save up for a used toyota corolla with 100k miles that is about ten years old?
It used to not be that much money for me; it feels like they realized that and they went “oh, you have money huh? Well then you can afford to pay THESE prices!!”
I don't get it. 007 has about 60k players so probably just as many sales in the last 24h, and the deck beat that. Who's buying +60k of it at this price?
Steam's top charts are by revenue, not volume. In Canada the 512GB OLED Steam Deck costs as much as about 12.5 copies of 007, so it'd take ~4800 Decks to bring in the same revenue as 60k copies of 007.
Ok, but if nobody would want to buy it at 950, I assume they would also not buy it at 1000+ or however much the scalpers will be asking for. Unless they're counting on it being a collectible or they expect the prices to go much higher.
People complain about the price, yet they bought it.\ Same didn't happen with Nintendo switch 2? People said "but my friends bought it", pathetic! Time to grow up, we are in differnt times.
Stop buying and you will see how companies will the impact in their pocket.
42 Comments
NekoKoneko@lemmy.world · 87 pts · 79d
Even after the AI bubble pops, even after Trump is done (for good) with starting more wars, trade or otherwise - we clearly have a "new normal" for prices.
I'm not a pessimist in that I do think consumer computing will survive and we will not end up in a subscription-compute-only future. Prices will eventually go back to getting lower over time.
But I am guessing this one-time extreme re-pricing due to Trump's destruction of all consumer-focused price momentum, and the lack of AI regulation, have together cost us a decade before we're back at price parity per compute/RAM/storage costs even despite technological advancements.
mnemonicmonkeys@sh.itjust.works · 27 pts · 79d
I agree that this isn't the death of home computing. There's Chinese companies that are just getting ready to mass produce ram. Between that and the AI bubble popping prices will eventually go back down
Zachariah@lemmy.world · 17 pts · 79d
seems like an optimal time for startups to undercut the big guys
mycodesucks@lemmy.world · 55 pts · 79d
How hard can it be? It's only the most complicated tech humans can build with one of the most sensitive supply chains, while the machines to build them are also skyrocketing in price while all the venture capital is being flushed down the toilet.
SatansMaggotyCumFart@piefed.world · 21 pts · 79d
All so I can look at cat pictures and buttholes in HD.
What a time to live.
NoAlias@lemmy.ca · 3 pts · 78d
Don't forget cat butthole pictures!
teslekova@sh.itjust.works · 15 pts · 79d
Yeah, the cost of entry is only like ten billion dollars, how hard can it be?
mycodesucks@lemmy.world · 12 pts · 79d
Also, if you break ground on your factory today with infinite resources, it'll only take 5 years for you to get a product out the door that's nearly as good as what the big guys put out 5 years ago.
mnemonicmonkeys@sh.itjust.works · 2 pts · 78d
Good thing there's Chinese manufacturers that started that years ago and are just now starting to push more ram into the market
lumpyluggage@lemmy.world · 1 pts · 79d
To fail or then be bought by meta if successful
okrakai@lemmy.ml · 1 pts · 78d
What makes you think whoever comes after trump wouldn't start new wars? That sounds too optimistic of you
Anti_Iridium@lemmy.world · 1 pts · 78d
Because why war when to quote Machinehead from Invincible:
9tr6gyp3@lemmy.world · 40 pts · 79d
Scalpers, im sure
kbobabob@lemmy.dbzer0.com · 8 pts · 79d
To sell for an even more ridiculous amount of money?
Was there that much demand for the steam deck at the new higher price? I know Lemmy is a bubble but everyone pretty much says it was too much.
Edit: I just saw this in the article so I checked and I can get a 512gb version for $699 on eBay right now. If it is scalpers then they aren't making money.
thingsiplay@lemmy.ml · 23 pts · 79d
Comments like: They had only 4 or 6 units.
Actually Valve can't count to 3, so there were only 2 (one for each).
Airfried@piefed.social · 22 pts · 79d
Starting to think people are treating these more like Pokemon cards rather than a computer. Gotta scalp 'em all.
Muffi@programming.dev · 9 pts · 79d
I am 100% sure they are being used to launder crypto.
You can set up a crypto card as your payment on steam, buy Steam Decks and then sell them easily for your preferred fiat currency.
Rooster326@programming.dev · 4 pts · 78d
Why not just buy drugs?
vagrancyand@sh.itjust.works · 4 pts · 78d
The point of laundering is to make money appear legally obtained at a glance. While most crypto winners are coke fiends, not all are, so if they want money for reasons other than drugs they need that money converted into real money.
SaltySalamander@fedia.io · 3 pts · 78d
This is some of the dumbest shit I've ever read on here.
GammaGames@beehaw.org · 4 pts · 78d
People are really obsessed that something nefarious is going on with steam hardware purchases, but I’ve never seen any evidence. Just wild speculation
Muffi@programming.dev · -7 pts · 78d
Haha, sounds like you might be overestimating your own intelligence (classic Lemmy syndrome, don't worry about it)
Thunderbird4@lemmy.world · 5 pts · 78d
samus12345@sh.itjust.works · 0 pts · 78d
😎
Krauerking@lemy.lol · 1 pts · 78d
A person raised their price on their Facebook marketplace listing because they saw the price went up.
Yeah... Its Pokémon cards.
_fryerDan@sh.itjust.works · 11 pts · 79d
were there like 4 of them in total?
bitfucker@programming.dev · 10 pts · 78d
I uhh, misread that as North Korea at first. I need to sleep
x00z@lemmy.world · 4 pts · 78d
I read the same and wondered if the 5 people who are allowed to have it there all bought one.
Prove_your_argument@piefed.social · 9 pts · 79d
People think americans have no money for anything. This might be true for tens of millions of americans! But there are hundreds of millions of them... and a lot of them have 1k to throw around like it's nothing.
It's just not much money for most of us. Just check our grocery bills, electricity bills, mortgages... a one time 1k is just not much. Especially true for urban areas with millions of inhabitants where rents start around 2k a month and go much, much higher.
workerONE@lemmy.world · 14 pts · 79d
Some people are just really into gaming and don't spend money on other stuff.
Prove_your_argument@piefed.social · 2 pts · 79d
imagine if your entire fun money budget for years was like... 1k. How many decades would it take you to save up for a used toyota corolla with 100k miles that is about ten years old?
4am@lemmy.zip · 7 pts · 79d
It used to not be that much money for me; it feels like they realized that and they went “oh, you have money huh? Well then you can afford to pay THESE prices!!”
DavidGA@lemmy.world · 5 pts · 79d
It is of course possible that they had something like six of them in stock.
osprior@lemmy.world · 4 pts · 78d
Still in stock in Canada, so I guess the US part of North America is sold out.
absquatulate@lemmy.world · 3 pts · 79d
I don't get it. 007 has about 60k players so probably just as many sales in the last 24h, and the deck beat that. Who's buying +60k of it at this price?
ryper@lemmy.ca · 20 pts · 79d
Steam's top charts are by revenue, not volume. In Canada the 512GB OLED Steam Deck costs as much as about 12.5 copies of 007, so it'd take ~4800 Decks to bring in the same revenue as 60k copies of 007.
thingsiplay@lemmy.ml · 1 pts · 79d
Scalpers probably.
absquatulate@lemmy.world · 2 pts · 79d
Ok, but if nobody would want to buy it at 950, I assume they would also not buy it at 1000+ or however much the scalpers will be asking for. Unless they're counting on it being a collectible or they expect the prices to go much higher.
roserose56@lemmy.zip · -4 pts · 78d
People complain about the price, yet they bought it.\ Same didn't happen with Nintendo switch 2? People said "but my friends bought it", pathetic! Time to grow up, we are in differnt times.
Stop buying and you will see how companies will the impact in their pocket.
curiousaur@reddthat.com · 9 pts · 78d
The folks who complained are likely not the ones who bought it.
Siegfried@lemmy.world · 1 pts · 78d
People divided in two groups? You are a lunatic!
jerkface@lemmy.ca · 5 pts · 78d
right if we complained enough, valve would have been forced to just fab up their own chips and save us all from the ongoing supply crisis