economy
Why is Apple asking me to pay more for Big Tech’s AI obsession?
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TL;DR
- AI industry's high demand for RAM is increasing consumer electronics prices.
- Memory manufacturers are prioritizing AI data centers over ordinary consumers.
- This leads to component shortages and skyrocketing RAM prices.
- Companies like Apple are raising prices on devices such as the MacBook Pro and iPad Air.
- Price increases are partly to appease shareholders and maintain a positive financial narrative.
- These price hikes are expected to last for several years.