Sure it’s a useful skill but not one in significant demand. We have an absolute glut of MBAs and a desperate need for anything but an MBA so why are we paying people to get more MBAs?

The point is we don’t need more MBAs, we need people educated in useful skills. Should every MBA program be closed? No probably not, but we definitely have way more than we need. Cutting funding for things like MBA scholarships and closing down the majority of those programs will go a long way towards moving the majority of potential future MBA students into useful programs. We need less managers and more engineers, fewer CEOs and more chemists, hell fewer analysts and more plumbers.

There are many problems with modern capitalism and even if we never handed out another MBA degree again that would not even remotely solve everything, but the MBAs are making the problem worse. It’s a minor thing but it’s an easy thing to do and it would make a difference small as it is.

I doubt it will take a couple years. They’re burning through so much cash right now that they’ll be bankrupt in a couple years and despite sunk cost fallacy they won’t let it get that bad. At some point they’ll cut their losses and pivot to some other new fad. The small handful of uses that make sense will stick around and a few companies will be in just the right place to make it turn a profit but the vast majority won’t. Some will go bankrupt (if we’re lucky Meta and/or X will be one of them) and some will just write it off as a failed experiment. Either way just as hard as prices spiked we’ll see them cratering before they rebound back to normal. Six months would be highly optimistic, but a year probably isn’t out of the question.

Of course all of this might be moot if Shitler manages to start WW3 by attacking Greenland. If that happens RAM prices will be the least of everyone’s worries.

Churches need to lose the blanket tax exempt status. If they want to be tax exempt they should file as a non-profit like all the other tax exempt non-profits. Of course they would never do that because it would mean actually functioning as a non-profit.