Thank the AI industry for tech price increases: See the full list
The rising prices of smartphones, laptops, and gaming consoles are attributed to increased demand for memory driven by the AI industry. Experts warn that the global memory crisis, referred to as 'RAMageddon', will worsen before it improves. Additionally, external factors like inflation and fuel price hikes due to geopolitical conflicts are compounding the issue.
- ▪The AI industry's demand for memory is significantly impacting the prices of consumer technology.
- ▪Experts predict that the global memory crisis will continue to escalate in the near future.
- ▪Inflation and rising fuel prices are also contributing to the overall increase in tech product prices.
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Home > Tech Thank the AI industry for tech price increases: See the full list Why are our smartphones, laptops, and gaming consoles more expensive? Because AI is hogging all the memory. By Timothy Beck Werth Timothy Beck Werth Tech Editor Timothy Beck Werth is the Tech Editor at Mashable, where he leads coverage and assignments for the Tech and Shopping verticals. Tim has over 15 years of experience as a journalist and editor, and he has particular experience covering and testing consumer technology, smart home gadgets, and men’s grooming and style products. Previously, he was the Managing Editor and then Site Director of SPY.com, a men's product review and lifestyle website.
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