Let’s keep it a hundred: the tech sector has been living in a fantasy land for the last year, running the stock market straight to the moon and acting like the money would never stop. But this summer, reality finally pulled up to the block. The whole sector is hitting some heavy turbulence, and if you think the billionaires at the top are going to take the hit, you haven’t been paying attention. They’re doing what they always do—squeezing the regular consumer's pockets to keep their own pockets fat.

First off, look at what’s happening with the hardware. Micron is out here raising memory prices because actually making these computer chips is getting more expensive. But instead of these tech conglomerates eating the cost of their own supply chain mess, they’re passing the bill straight down the line. Apple looked at those rising chip prices and decided your next iPad is going to cost you a whole lot more. It’s wild how these multi-trillion-dollar companies will run to the press talking about innovation, but the second things get a little tight, they make sure the working class pays the difference.

An iPad isn't even a luxury anymore—it’s what kids need for school and what regular people use to get their grind on. But Apple is making sure that if you want to stay connected, you’ve got to pay that premium tax. They refuse to let their massive profit margins drop even a single percentage point, showing you exactly where their loyalty lies. It’s corporate greed 101, plain and simple, no cap.

Then you’ve got OpenAI, the poster child for this whole new AI wave. Everybody was waiting for them to go public so the regular crowd could finally get a piece of the action. But now we find out there's going to be a much longer wait for OpenAI to hit the stock market. Why? Because they want to keep that bag private for as long as possible. The venture capitalists and tech elites want to pass the company around in their private circles, running up the valuation behind closed doors where they don't have to show their real numbers to the public.

Going public means you’ve got to open the books and show the SEC and the public if you’re actually making money or just burning cash on hype. By delaying the IPO, OpenAI gets to keep playing the hype game without any of the real-world accountability. It’s the same old game: they build these systems using public data and human input, but when it’s time to cash out, they keep the real wealth locked up in the VIP lounge where ordinary folks can’t touch it.