I have always been fascinated by the rapid advancements in technology, but recently, I have found myself priced out of the market. Every time I attempt to buy a new device, the inflated costs due to the scarcity of essential minerals and raw materials have blocked my path. This isn't just my story; it's the reality for many individuals and families.

The world of technology is increasingly dependent on materials such as copper, boron, cobalt, and tungsten. These resources, vital for the production of computing devices, are being hoarded by large corporations and countries. This hoarding practice limits accessibility for the manufacturers at reasonable costs, ultimately hiking the prices of devices and making them unaffordable for the average consumer.

For example, between 2019 and 2021, cobalt prices surged by over 50%, partly due to hoarding and restrictive trade policies, according to the International Energy Agency. These price hikes ripple down the production line, inflating the final cost of consumer electronics.

Moreover, it can potentially stagnate innovation. When companies focus more on securing resources than developing new technologies, everyone loses out on technological advancements that could improve our lives and work experiences.

To address this, we urge policymakers to enact regulations that prevent resource hoarding. This could include encouraging transparent supply chain practices, establishing fair trade agreements, and promoting alternative materials and recycling efforts for electronic production. By taking these steps, we can ensure a more stable market for devices and protect consumers from price inflation.

Join me in calling on our leaders and the industry to take a stand against resource hoarding. By signing this petition, you stand for fair access and pricing in the technology sector. Together, let's push for a change that allows everyone to fully participate in the digital age.