But where is it showing up?
Pricing -- exactly where shortages show up in a free market economy.
Pricing -- exactly where shortages show up in a free market economy.
what I'm wondering: is there a shortage of compute in the current installed base? Why isn't the installed base of compute increasing drastically in price, and/or forcing me to wait in a queue to use it?
Have you looked at RAM prices lately?
Installed base is existing computers that already have RAM. Why aren't VM rental prices going way up?
No, rationing is what you get in command/centralized economies like the USSR. In free market economies you get price explosion, like we're seeing right now with DRAM wafers.