RE:Chipmakers warn that the chip boom is overA love all this talk about the pandemic being over lol. Yup it's all over... while the MSM openly talks about just how bad things are getting with the closing for ERs, new variants and viruses emerging like monkeypox and Marburg all of which will more than likely come at the end of a needle to those who seek protection from disease by the very institutions that peddle the poison. That's right big pharmas goal is to save us all - all 8 billion of us and rising as AI and automation boom. The fourth industrial revolution isn't going to be summed up in 2 years; we are at the very start of it with many more years to go before we can expect things to settle back down to what will be a very different world. Mass migration, food shortages to unprecedented social and economic changes are afoot. The powers that be call this The Great Reset. Automation is getting set to displace a huge percentage of jobs and without a shadow of a doubt many will become part of what's known as the useless class. Universal basic income is on our doorstep for this reason; it's essentially already here with ongoing QE. VR, drugs and ultraprocessed food is what UBI will provide with heavy restrictions in terms of what one is able to consume. This trend will never end until we are all quarantined at home with a VR mask - living, playing, working in the Metaverse. Virtual ________ is getting set to displace all things which are deemed real and tangible from people, pets to physical space. How else do you believe consumption and carbon will be substantially reduced? Anyone else paying any attention to what the WEF, Blackrock, GAVI, WHO, Big Tech and the like have in store for us? If you have no idea what I am talking about simply read directly from the WEF website who outline the plan for the world according to the vision of Klaus S - head of the WEF. It may not all come true as the future is not set in stone, but this is largely the direction we're heading as a whole regardless based on the filundements that tech always advances forward. There may be a temporary lightening up of direct demand from consumer spending as it relates to chips, especially in a severe economic downturn. Ah... create the problem then offer us the solution which will be adopted when the masses are most vulnerable - broke, sick and hungry. Over the next decade and moving forward the plan entails stripping consumers of their rights to own anything (nevermind afford) most products inclusive of cars and land. The aim is to make everything a service which will be attached to both UBI and a social credit score. "You'll own nothing and be happy (so long as you comply)". That said, demand for chips and hyperscale data center tech is going to surge in order to build the infrastructure required to support their vision of a hyper connected future. They want to track and trace everything that everyone does for our health and safety. Digital ID, central bank fully programmable digital currency. Every single word, movement, heartbeat (biometric data) is to be tracked with the aim of ultimately connecting us all directly to internet to which one will not survive disconnected. The demand for chips and processing power will continue to escalate exponentially as real time data becomes increasingly a requirement (if it's to work as intended). Let's hope we will still be free to own shares in public traded companies. Call me crazy or simply take a look at what's being said amongst the global leaders.