

On the one hand, I actually think this is a very good thing. Social media is especially damaging to children.
However:
The government says platforms must take “reasonable steps” to keep kids off their sites and use age assurance technologies, such as uploading official ID or facial/voice recognition, but they haven’t specified what technology platforms should use.
I hope the law stipulates that Meta is not allowed to keep this data, or use it for any purpose other than the verification itself. Not for training, not for building a profile on someone, nothing. Unfortunately the article doesn’t elaborate on that.
If they’re allowed to keep that data, then that needs to be addressed immediately. It’d be all kinds of fucked up.
OpenAI abruptly bought 40% of global supply, and announced it.
Other companies found out about it when OpenAI announced and thought holy shit, if we hadn’t heard of this massive deal, what else haven’t we heard of?!, and so they started panic buying.
On top of that, because of US tariffs and trade restrictions, the Chinese “B-tier” memory companies, who usually buy old machines from the big 3 (SK-Hynix, Samsung, Micron) and sell this lower spec RAM at lower margins, didn’t buy up these machines as much as they usually do. They weren’t sure they’d be able to make a profit given their lower margins, should tariffs suddenly change again or other restrictions get put in place.