this post was submitted on 07 Dec 2024
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He alluded to it in the first video, and I think it's spot on.
They ended up with an "inventory problem". Which is to say, some business major in the company somewhere, or a consultant or whatever saw that they were spending money to store it all, and said "A company's assets should never cost money, they should MAKE money" or some such business speak. Ultimately that translated into every layer of the business being instructed to prioritize using that that old inventory, somehow, or pushing it to customers.
"People don't really want to buy all this older hardware off of us, but we can convince people who don't know any better to rent it."
"We don't have enough 4090s to keep up with demand for these high-end rentals, but we're sure as hell not buying more when we have all these perfectly-good 4080s lying around."