The AI boom is making the cheapest smartphones disappear

(restofworld.org)

36 points | by jethronethro 8 hours ago ago

14 comments

  • windex 13 minutes ago ago

    I dont mind old phones, i just want to replace my batteries. I still remember my old nokia and popping out batteries to pop in another. Was perfect.

  • _ifton 2 hours ago ago

    iPhone se3 (A15 chip, decent), is about $130 refurbished. It has depreciated, and continues to do so. But I do wonder if there is another to take it's place in the future.

    • rootsudo an hour ago ago

      Pixel 8 also? Time to buy.

  • TitaRusell 5 hours ago ago

    I refuse to pay 1200 eurodollars for a phone or worse go on some shitty plan. Sadly AI boom is killing midrange phones.

  • unddoch 7 hours ago ago

    Similarly, data center loans are starting to make cheap mortgages disappear.

    • gonzalohm 2 hours ago ago

      Care to elaborate? Are you saying that because banks are loaning to data centers, the rest of the people are experiencing an increase in mortgage rates?

      • francisofascii 23 minutes ago ago

        The data center financing is driving up yields. Mortgage rates are based on adding a spread (maybe 2%) to the 10-year tresury (currently at 5.26%).

  • stuaxo 4 hours ago ago

    So nobody will be able to afford anything, great work - this sort of thing always goes well

  • mrheosuper 3 hours ago ago

    Wrong, cheapest smartphone will always exist.

    • euroderf 3 hours ago ago

      "The poor will always be with you, and they too need phones." -Jesus

  • BurnerBurner 8 hours ago ago

    I heard they are downgrading to 12GB ram too

    • theandrewbailey 17 minutes ago ago

      Oh, the horror. I remember when a 12GB disk was more than you could ever use in your life.

  • georgemcbay 7 hours ago ago

    On one hand, despite being someone who makes a living writing software for mobile devices I haven't bought a new phone in more than 5 years because it is so much cheaper to just buy a 1-2 year old used phone in nearly perfect condition and all the new 'innovations' are worthless bullshit.

    On the other hand, I'm sure this will trickle into the used market and still impact me so excuse me while old man yells at cloud.

    • gonzalohm 2 hours ago ago

      Except that a 1-2 year old phone already has noticeable battery wear. I really hope the EU ends up forcing manufacturers to make changing batteries easy