I'll play devil's advocate:
The "point" of the video is to stir up fear like prices won't eventually come back down again. As I said before, this has happened before, it's happening now, and it will happen again. Prices go up and hardware becomes scarce whenever something big comes out or there's some kind of shortage. Remember when bitcoin farming became a huge thing? You couldn't find any decent card for under $1,000. Remember when Crysis came out and everyone said you're going to need tri-SLI configurations just to max it?
- I think one pattern a lot of people, especially the "old timers" are picking up on is the time between scarcity incidents is shortening. We went from "no scarcity" as GPUs were coming of age as a luxury/boutique good, to a huge boom huge bust during the HD7xxx /GTX7xx series, to a huge boom small bust with the RX4xx/5xx/GTX 10xx series, to increased MSRPs with Turing (as a result of the prior boom), to whatever god awful cluster**** we find ourselves in now. We cannot always rely on historical trends of a "return to normal" to occur, and its very possible that we are in the middle of a sea-change in demand for hardware that the suppliers could not have anticipated and will take years to properly adjust to.
There's also another factor nobody has mentioned yet - covid. Due to the pandemic, many people lost their jobs or were working from home or working reduced hours in all facets of employment. I can't imagine that the GPU manufacturers kept their people working like normal through 2020 so that puts a strain on supply. With more people staying home and doing nothing (those with money), a lot of people have been jumping into PC gaming which caused demand to skyrocket. High demand, low supply... you do the math. Videos like the one you embedded serve no purpose other than give people cause to freak out and think the end of PC gaming is nigh simply because prices are high and some people are saying it's impossible to have a budget PC anymore.
- I agree with the core of your point, but the assumption is still "and then covid will disappear and everyone will go back to 2019 and pick up where they left off". There will be a huge, sustained shift to alternate work schedules and making the home the center of entertainment (as opposed to going out). And tariffs. And a growing global middle class. Consolidated suppliers (TSMC is kinda the only game in town for virtually all cutting edge silicon fabbing). Other stuff that I'm surely forgetting.
Covid is definitely hugely disruptive, no argument there, but it is also hitting the fast forward button on society that I don't expect to suddenly snap back. Additionally, while some 1st world countries might get their poo sorted out in the next 6-9 months, there is a huge slice of humanity in India and Asia that has growing purchasing power but a second rate vaccine distribution that will continue to lag another 6 to 9 months behind.
Give the world time to rebound from the pandemic and get everything as close to normal as it once was and give companies like eBay and Amazon time to figure out how to deal with the scalpers (other than using bots to auto-inflate the scalper's prices). I agree that it really sucks that prices are so high right now because I had fully planned on having a new PC by December of last year, but that's life. I wish it was different, but waiting a little longer to build my PC won't kill me and by the time I get around to building it, I'll be happy I didn't spend $1,500 on a single GPU.
- Agreed with "that's life" and there is definitely a certain amount of rolling with the punches that has to happen on the part of consumers in this circumstance. Hard disagree on any sort of return to even close to normal though. It won't be shelter in place levels of isolation, but we're never going back to the way things used to be after this.
Anecdotally, my daughter's school here in the Bay Area has lost fully half its enrollment, and thanks to my wife being a member of the PTO, she knows those student's families are uprooting and moving out to the Sierra foothills, to towns around Tahoe and elsewhere. We may get a handful of rebounds as things settle down, but people aren't getting up and moving out to remote locations because they expect things to snap back (and in a self fulfilling kind of way, their moving means it won't). They fully expect to lean into the isolated lifestyle more.