Tech stocks tumble as a Chinese competitor threatens to upend the AI industry; Nvidia down 17%

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• tfw_no_toiletpaper@lemmy.world ⁨1⁩ ⁨year⁩ ago

  I just love seeing the chaos and the of the tech bajillionaire panik about it being open source :D

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• _cryptagion@lemmy.dbzer0.com ⁨1⁩ ⁨year⁩ ago

  How long do you wonder it is until they introduce a ban on Chinese AI?

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  • arin@lemmy.world ⁨1⁩ ⁨year⁩ ago

    How long did it take to ban TikTok ? Oof it’s still up

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    • _cryptagion@lemmy.dbzer0.com ⁨1⁩ ⁨year⁩ ago

      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.

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  • Sabata11792@ani.social ⁨1⁩ ⁨year⁩ ago

    20 years before they figure out how to enforce it.

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• fuzzy_ad@lemmy.world ⁨1⁩ ⁨year⁩ ago

  Unfortunately Deepseek is not very good and highly sanitized.

  I guess investors are not very savvy. Now would be a good time to buy.

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  • rimu@piefed.social ⁨1⁩ ⁨year⁩ ago

    Yup, I bought $4 more worth of Nvidia.

    You can tell when I do investments I play with the big boys

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    • cashsky@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

      To the moon 🚀 🌚

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• hohoho@lemmy.world ⁨1⁩ ⁨year⁩ ago

  The massive upside to Deepseek R1 being released is that these new reasoning capabilities will increase demand for inference devices. I would remain bullish!

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• DrSleepless@lemmy.world ⁨1⁩ ⁨year⁩ ago

  Ha ha!

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• LodeMike@lemmy.today ⁨1⁩ ⁨year⁩ ago

  GFG!!!

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• timewarp@lemmy.world ⁨1⁩ ⁨year⁩ ago

  Lol it is open source. They can’t even fathom what that means & how something can be free & open, which allows others to contribute without trademarks, NDAs, contracts, etc.

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  • GrabtharsHammer@lemmy.world ⁨1⁩ ⁨year⁩ ago

    They know exactly what it means and how that works. They’re just sorting out how to strangle it in its crib.

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• BananaTrifleViolin@lemmy.world ⁨1⁩ ⁨year⁩ ago

  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).

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  • rockSlayer@lemmy.world ⁨1⁩ ⁨year⁩ ago

    It’s upending the AI investment industry, and that’s the only thing the billionaires actually care about

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  • timewarp@lemmy.world ⁨1⁩ ⁨year⁩ ago

    These companies kept promising proprietary meant that they could innovate more & that you needed billions of dollars to make it work, and then got their asses handed to them by an open source model developed in two months costing over 200x less

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