The memory shortage is causing a repricing of consumer electronics

AI is killing the cheap smartphone The global memory crunch and the great repricing of consumer electronics One of the most remarkable things about the last few decades is how cheap computers have gotten. In 1985, if you were a reasonably affluent American, the best computer that you could afford was the IBM PC AT. The PC AT would cost you about $6,000—$19,400 in 2026 dollars—and thus represented ...