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Source Tomasz Tunguz tomtunguz.com Analyst
August 4, 2026 ai_technology saas

Racing to Sustain Jevons' Paradox

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Overview

Hyperscalers declared AI capacity-constrained on Q2 2026 calls. HBM3e memory rose 20% & HBM4 is forecast to double, while B200 spot rentals have held flat. Model makers are segmenting into premium, mid-market, & value tiers to keep Jevons' paradox alive through the coming shock.

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