Indirectly. The actual spike of pressure that ejects the magma comes from the gasses dissolved therein. When the magma moves up, the pressure drops and the gasses become oversaturated and thus prone to violent release.
The gas bubbles result form when pressure is reduced, like you mention. So there's actually less pressure near the surface, it's just more erratically applied. The pressure of the earth's subsurface is proving the animating force.
I can't help but be the pessimist angle. RAM production will need to increase to supply AI data centers. When the AI bubble bursts (and I do believe it will), the whole computing supply chain, which has been built around it, will take a huge hit too. Excess production capacity.
Wonder what would happen if it really takes a dive. The impact on the SF tech scene will be brutal. Maybe I'll go escape on a sailboat for 3 years or something.
Anyway, tangential, but something I think about occasionally.
Prices are high because no one believes it's not a bubble. Nvidias strategy has been careful careful with volume this whole time as well.
The thing is it's also not a conventional looking bubble: what we're seeing here is cashed up companies ploughing money into the only thing in their core business they could find to do so with, rather then a lot of over exuberant public trading and debt financing.
IMO it's not risk so much as foregone conclusion. You can see the hopelessness in GenZ and (to a lesser extent) millennials.
But we only care about short term metrics now, so no one cares. They don't even care to develop the tools to understand it. It might as well not exist. Blame the young people and move on.
You have cause and effect reversed. Companies stopped training workers and giving them significant raises for experience, so we started job hopping.
Some genius MBA determined that people feel more rewarded by recognition and autonomy than pay, which is actually true. But it means that all the recognition and autonomy in the world won't make you stay if you can make 50% more somewhere else.
I took too much Adderall today.
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