Lab-grown diamonds crashed from ~$4,000 to a few hundred per carat since 2015

petrusenko_max · x · 2026-10-25

The author uses the lab-grown diamond collapse as an object lesson in scarcity narratives: a one-carat stone fetched about $4,000 in 2015, but the same stone now sits in the hundreds. "The price broke before anyone rewrote the story." He asks what the premium is actually paying for now — an analogy widely relevant to value narratives in the AI era. Full piece linked in the follow-up tweet.

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