Wall Street’s superstars are tumbling as a competitor from China threatens to upend the artificial-intelligence frenzy they’ve been feasting on.
OR: “AI speculative bubble deflates as people realise there may not be massive profit in AI”. It’s not upending the AI industry, it’s upending the expectations that AI will be a license to print money (which has been based on nothing).
It’s upending the AI investment industry, and that’s the only thing the billionaires actually care about
How long do you wonder it is until they introduce a ban on Chinese AI?
20 years before they figure out how to enforce it.
How long did it take to ban TikTok ? Oof it’s still up
They still banned it. Will it stay up? I honestly don’t care. But they hate anything that makes it look like China is winning the dick measuring contest.
Anytime we talk about China it’s dick measuring, and we’re not winning
Nobody ever wins in a dick measuring contest.
Not with that attitude
I just love seeing the chaos and the tech bajillionaire panic about it being open source :D
Unfortunately Deepseek is not very good and highly sanitized.
I guess investors are not very savvy. Now would be a good time to buy.
Yup, I bought $4 more worth of Nvidia.
You can tell when I do investments I play with the big boys
To the moon 🚀 🌚
LFG!!!
The massive upside to Deepseek R1 being released is that these new reasoning capabilities will increase demand for inference devices. I would remain bullish!
Ha ha!
