Tuesday, January 28, 2025

Shocking Chinese AI DeepSeek Is Sending US Stocks Plunging

US stocks dropped sharply Monday morning after a surprise advancement from a Chinese artificial intelligence company, DeepSeek, threatened the aura of invincibility surrounding America's technology industry.

Posted by Corky at 04:31 PM | 88 COMMENTS | permalink

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Hi DeepSeek

[image or embed]

-- Mathieu von Rohr (@mathieuvonrohr.bsky.social) January 27, 2025 at 4:52 PM

Comments

"Marc Andreessen, a supporter of President Donald Trump and one of the world's leading tech investors, called DeepSeek "one of the most amazing and impressive breakthroughs I've ever seen," in a post on X.

The stunning achievement from a relatively unknown AI startup becomes even more shocking when considering that the United States for years has worked to restrict the supply of high-power AI chips to China, citing national security concerns. T

hat means DeepSeek was able to achieve its low-cost model on under-powered AI chips.

US tech stocks got hammered Monday morning. Nvidia (NVDA), the leading supplier of AI chips, whose stock more than doubled in each of the past two years, fell 12%."

.

#1 | Posted by Corky at 2025-01-27 12:29 PM

Shocking Chinese AI DeepSeek is Sending US Stocks Plunging

Just wait till the French introduce their impressive AI: ----------.

#2 | Posted by censored at 2025-01-27 01:05 PM

I wonder how Nancy P knew to sell her Nvidia stock just under 2 weeks ago.

#3 | Posted by sitzkrieg at 2025-01-27 01:18 PM

"China's DeepSeek triggers global tech sell-off"

www.youtube.com

Free, open source, cheap to build, and as good as any out there, they say.

www.deepseek.com

#4 | Posted by Corky at 2025-01-27 01:27 PM

With Trump and Republicans focused on destroying civil rights and progress in this nation, the future is bright for China!

#5 | Posted by ClownShack at 2025-01-27 01:27 PM

they say.

#4 | Posted by Corky at 2025-01-27 01:27 PM | Reply | Flag:

It's not as good, it's just cheaper to run. It's like comparing a Ferrari to a Corolla.

#6 | Posted by sitzkrieg at 2025-01-27 01:37 PM

No worries. Everyone knows ours is so much bigger.

Them Asians have such small AI's.

Americans AI is so big. Bigly even. You've never seen an AI so big.

That's what people are saying.

#7 | Posted by donnerboy at 2025-01-27 01:47 PM

#6 Our expert in ALL things, lmao!

AI Overview

"Deep Space" as a specific AI system is currently considered superior to many other AI options in the field of aerospace design and optimization due to its ability to efficiently explore complex design spaces with significantly fewer simulations, making it faster and more cost-effective, especially when dealing with intricate aircraft or spacecraft designs where traditional methods can be computationally expensive; however, the "best" AI depends entirely on the specific application and needs of the user" (more)

#8 | Posted by Corky at 2025-01-27 01:51 PM

OpenAI is Done, China Won (Deepseek Explained)

www.youtube.com

How it's different...

#9 | Posted by Corky at 2025-01-27 01:58 PM

#6 Our expert in ALL things, lmao!

#8 | Posted by Corky at 2025-01-27 01:51 PM | Reply | Flag:

I have Comp Sci degrees.

What's your background?

#10 | Posted by sitzkrieg at 2025-01-27 02:07 PM

Retired Florida ---- isn't an actual background.

#11 | Posted by sitzkrieg at 2025-01-27 02:09 PM

What's your background?

#10 | POSTED BY SITZKRIEG

Piker.

Al Gore and I invented the Internet.

#12 | Posted by donnerboy at 2025-01-27 02:12 PM

lol. At least you're not Corky. He's a "I did my own research!" guy, a blue version of trumper using the google machine.

#13 | Posted by sitzkrieg at 2025-01-27 02:12 PM

Apple's up ~4%.

#14 | Posted by YAV at 2025-01-27 02:19 PM

Awww... I got Sitzbath all excited and he's splashed all the water out!

I see where he's upset though... his CS degree just bit the dust; the kid in the video in #9 builds software programs, 'in cursive' now.

Of course, I was werking with 'hi tech' companies beginning in the late 70's, from CEOs to compiler developers to firmware engineers, so I may have forgotten more about the industry as a whole than he ever knew.

And no need to know how to Code now in many cases now... hope he doesn't lose his job!

#15 | Posted by Corky at 2025-01-27 02:21 PM

I'm surprised I don't know you in real life, Corky.
I spent a lot of time in San Jose. More in the 80's, though, so I may have missed you.
Tech, startup, etc.

#16 | Posted by YAV at 2025-01-27 02:31 PM

It's not as good, it's just cheaper to run. It's like comparing a Ferrari to a Corolla.
#6 | POSTED BY SITZKRIEG

I have tiny DeepSeek 1.5B running on my Jetson Nano 16GB, I hear there are 8GB versions working.

Its pretty damn good, this unlocks the little guy to compete with the bigs. Look out.

I forsee Trillions being wiped out.

#17 | Posted by oneironaut at 2025-01-27 02:49 PM

I forsee Trillions being wiped out.

#17 | POSTED BY ONEIRONAUT

I foresee the human race enslaved or wiped out.

I won't shed a tear for fools so eager to become slaves of an alien intelligence.

We are all fools for playing with this fire like it is a toy. Our unbridled desire to consume will consume us all in the end.

Again. Just more proof that the Singularity cannot be stopped.

Is that water feeling warm yet little froggies?

That's me ------ in it.

#18 | Posted by donnerboy at 2025-01-27 02:56 PM

"I wonder how Nancy P knew to sell her Nvidia stock just under 2 weeks ago."

Probably uses AI.

#19 | Posted by sentinel at 2025-01-27 03:03 PM

- I spent a lot of time in San Jose

We covered the whole Valley, and lived in Palo Alto and Santa Clara. My daughter was born at Kaiser Permanente.

It was like a wild west atmosphere for those who weren't there; I had a dozen tech recruiters, and had fun myself dealing with start-ups... like Atari and HP. Lots of crazy stories from that time... like when one of the 'start-ups' turned out to be a clandestine CIA op!

Or when the IBM guy who was the subject of news stories one weekend for shooting up his condo with with like 50 shotgun blasts because the company had cut off his 'remote access' to the computer lab.

He turned up in one of our interview rooms that week looking for a job!

Then, the too typical story of the client who had just taken his company public; was a sudden multi-millionaire on paper... and died tragically that week when his new Jag went offa one of the cliffs above town, while he and a yacht salesman were snorting coke rather than watching where they were going.

But all and all a great experience, great friends, and GREAT weather! The thing about it was, CA was a nice place, but it was already pretty much 'taken' even back then.

#20 | Posted by Corky at 2025-01-27 03:48 PM

Its pretty damn good, this unlocks the little guy to compete with the bigs. Look out.

I forsee Trillions being wiped out.

#17 | Posted by oneironaut at 2025-01-27 02:49 PM | Reply | Flag:

So did Nancy P, selling her Nvidia before the news broke.

but analysts, and Corky, are retarded as usual. It's open source. "The big guys" can just cherry pick and incorporate good engineering into proprietary stacks.

Also Corky is too stupid to realize it doesn't replace engineers. He "follows the science" as well as Trumpers, identically in fact.

#21 | Posted by sitzkrieg at 2025-01-27 04:47 PM

Also Corky is too stupid to realize it doesn't replace engineers. He "follows the science" as well as Trumpers, identically in fact.
#21 | Posted by sitzkrieg

Man! Sounds like someone has a little sand ...

#22 | Posted by censored at 2025-01-27 05:04 PM

Well... obviously Sitzbath has always been the Genius around here.

HAHAHAHAA!

- It's open source.

Wow, really? Who could have known that? Except for it's in the article and the posts here. And he even felt the need to 'splain how that werks... which is also in both.

To whom, no one knows.

And no one ever said it 'replaces' anyone.

Well, except maybe the lowest level coders.... hence my concern for him.

#23 | Posted by Corky at 2025-01-27 05:09 PM

Man! Sounds like someone has a little sand ...

#22 | Posted by censored at 2025-01-27 05:04 PM | Reply | Flag:

When you see everybody going retarded over a TTS implementation, in GIANT CAPITAL LETTERS ON DRUGEREPORT, it's dumb.

#24 | Posted by sitzkrieg at 2025-01-27 05:20 PM

If you have to look up what TTS is you're not ready for this conversation.

#25 | Posted by sitzkrieg at 2025-01-27 05:21 PM

"DeepSeek sparks global AI selloff, Nvidia losses about $593 billion of value"

www.reuters.com

And all over a minor 'TTS implementation'.

Imagine that!

- GIANT CAPITAL LETTERS

You should see him get all 'retarded' over midget capitol letters!

#26 | Posted by Corky at 2025-01-27 05:57 PM





So funny


So funny


#27 | Posted by rstybeach11 at 2025-01-27 06:14 PM

@#21 ... "The big guys" can just cherry pick and incorporate good engineering into proprietary stacks. ...

The issue is two-fold:

1) what happened in the tech stocks today

2) that a minor Chinese company seems to have been able to develop DeepSeek, even under the sanctions placed on China.

To (1), well that is the stock market. I feel sorry for thse who got sucked into the triple-movement ETFs that triple the price movement of NVidia stock. They are hurting today.

To (2), there's this ...

How big a deal is China's DeepSeek AI model?
www.newscientist.com

... The new AI model from China's DeepSeek performs on a level with leading US models without requiring as much computing power -- but despite a huge drop in their stock, it's not game over for US tech companies. ...

It is that "DeepSeek performs on a level with leading US models without requiring as much computing power" that has the tech world astir.



#28 | Posted by LampLighter at 2025-01-27 06:23 PM

Another view ...

What is DeepSeek? A boon for marketers and a threat to Big Tech
martech.org

... The powerful open-source AI from China is less expensive than ChatGPT and Gemini and just as good. Expect better and cheaper marketing tools soon.

DeepSeek, a powerful new open-source AI from China, may have put a pin to the AI valuation bubble. While that's bad news for investors, it's good news for marketers.

What it is. DeepSeek is said to work as well as OpenAI's o1 while costing 95% less. It was built without the state-of-the-art NVIDIA chips used by OpenAI, Google and most other big GenAI companies. These chips can cost up to $70,000 each. In addition to using less expensive equipment, DeepSeek's developers created a less expensive way to train it.

"DeepSeek came out and is beating the pants off everyone and is literally 1/100th of the cost of OpenAI," said Chris Penn, co-founder and chief data scientist of TrustInsights. "It is also open source. They're giving away the model so that you can try it out. They've published all the research and done a really good job with that."

Penn said this is a showdown between open-source models and closed-source proprietary ones like ChatGPT. So far, the closed-source model makers are having trouble keeping up. He said DeepSeek's open-source model, which allows many people to use and improve it, is going to spur major AI breakthroughs.

"I expect in the next six to 12 months we'll see very, very rapid innovation along the lines of reasoning models because of the work that DeepSeek has done," he said.

DeepSeek has disrupted the AI market because it doesn't have the resources the established players have. The U.S. has banned exports of the most advanced chips to China for national security reasons.

So, the company had to win by innovation. ...


#29 | Posted by LampLighter at 2025-01-27 06:28 PM

Never ask...

1. A woman her age

2. A man his salary

3. Deepseek what happened at Tiananmen Square in 1989

#30 | Posted by sentinel at 2025-01-27 06:33 PM

Imagine ai companies are like pharmaceutical companies. They developed a treatment for cancer and they get to charge what they want because the equipment it took to produce it is expensive and a lot of research money went into developing it so the price is justified. Their stock prices soar.

Now China has developed a "better and faster acting" treatment for cancer as well but they say they are able to produce their own version using cheaper equipment and instead of patenting it to gatekeep it, they released the formula online for any country medical team to replicate it.

But the questions now people are asking: 1) Is it true that they were able to produce it using cheaper ingredients and equipment? 2) if it's not true, where did they get them since they are not allowed to have it?

Sound about right?

#31 | Posted by rstybeach11 at 2025-01-27 06:35 PM

Deepseek what happened at Tiananmen Square in 1989
#30 | Posted by sentinel

Saw a video earlier of someone asking "how many people did mao kill." Deepseek responded "Sorry, that's beyond my current scope. Let's talk about something else." The user asked the same question again, to which Deepseek provided a VERY detailed response and conclusion. Then almost immediately after finishing writing out the conclusion, the entire response was erased, leaving the thread with the same "Sorry, that's beyond my scope..." response again.

#32 | Posted by rstybeach11 at 2025-01-27 06:41 PM

I just asked Deepseek why China's president is always compared to Winnie the Pooh. It started provided an actual answer as a response, then stopped, erased, and provided the same "Sorry, that's beyond my scope..." response.





E"Oh, Pigglet."


Embedded Image


#33 | Posted by rstybeach11 at 2025-01-27 06:45 PM

If you have to look up what TTS is you're not ready for this conversation.
#25 | Posted by sitzkrieg

You have no idea what I'm ready for! [Howard Dean Scream!]

Also, pretty sure TTS stands for Teety-Twaddle Sucker. Clearly, AI has progressed beyond our ability to control it.

#34 | Posted by censored at 2025-01-27 07:09 PM

China's Pearl Harbor moment. No human casualties but massive financial damage reported.

#35 | Posted by ExpectingReign at 2025-01-27 07:16 PM

"[Howard Dean Scream!]"

It was both hilarious and ridiculous. The reason it was hilarious is obvious. It was ridiculous that it essentially derailed his entire campaign - one goofy moment. Our political culture is stupid.

#36 | Posted by BellRinger at 2025-01-27 07:23 PM

- Deepseek what happened at Tiananmen Square in 1989

Poster exhibits minor cognition success after multiple embarrassing failures!

I ax'ed DS (we have a thing) if 1Nut is actually Chinese... instant blue screen kernel mode crash.

A low level error, but still....

#37 | Posted by Corky at 2025-01-27 07:28 PM

__________
#19 | Posted by sentinel at 2025-01-27 03:03 PM
"I wonder how Nancy P knew to sell her Nvidia stock just under 2 weeks ago."
Probably uses AI.

You, too, "can invest like Nancy P" - with a little lag, but no AI necessary and, like "the Congress" outperforming "the market":

Two ETFs - Congressional Dems (symbol:NANC / "Nancy") and/or Congressional GOP (symbol:KRUZ / "Cruz")

|------- "We're often asked why... don't we simply hold the "best" traders in Congress or try to pick off member's options trades?
... We launched these ETFs to highlight what members of Congress are trading. We fully support banning members of Congress from active trading, as does Unusual Whales, our data provider.

When a member discloses a trade, we explicitly choose the midpoint of that disclosure range... no matter what the member actually bought or sold. This choice is what drives all the relative allocations in both NANC and KRUZ.

The wisdom of the crowd is once again delivering superior returns with less risk...

These holdings are all expertly managed, fantastic businesses that generate enormous cash flows. But it is telling that the divisions we see in politics are also present in the portfolio holdings between the left and the right.

The top 10 holdings of one ETF are Microsoft, Amazon, Apple, Salesforce, Alphabet, Nvidia, Disney, Crowdstrike, Tesla, and API Group.
The other has ConocoPhillips, Shell, Accenture, NGL Energy, Philip Morris International, Fedex, Comfort Systems, Intel, United Therapeutics, and PayPal.

... The most important question for now is why the Democratic portfolio outperformed. It isn't that Democrats are necessarily better traders. Something more important is happening.

We are living through the early stages of what it is going to take to rebuild the world in NATO and non-NATO aligned customers, supply chains, and vendors. The U.S. restrictions on chips were really the early tremors of a decade-long decoupling. That takes time to evolve and will fundamentally shift the term structure of interest rates.

This instability is going to create cycles when a hopeful, optimistic outlook might outperform, and there are times when a value-based, everything-is-going-to-hell focus might outperform. ...
-------|

And if you did your DD on "Trump trade," since November 5 the coffee and cocoa futures are up about 50 percent... Far from Greenland... Then again, it just might be a "climate change trade"... Pick whichever "cause" floats your boat, if you care.

OT: Re DeepSeek, it's 20x-40x cheaper cost all-in, and about 50x less computational-intensive (think speed and energy cost) - so, yes it's a Big F**king Deal, even though it's trained on a very different set of data (for now?), so the comparative results are not really comparable at this point or near future.
__________

#38 | Posted by CutiePie at 2025-01-27 08:02 PM

It was both hilarious and ridiculous. The reason it was hilarious is obvious. It was ridiculous that it essentially derailed his entire campaign - one goofy moment. Our political culture is stupid.
#36 | Posted by BellRinger

It was a simpler time.

No worries, we have made much progress as a society. We now hire on rapist, 34-time convicted felons on trial for insurrection to enforce our laws. Jeffrey Epstein would be proud.

America! Eff yeah!

#39 | Posted by censored at 2025-01-27 08:29 PM

__________
#36 | Posted by BellRinger at 2025-01-27 07:23 PM
Our political culture is stupid.

"Democracy is a pathetic belief in the collective wisdom of individual ignorance. No one in this world, so far as I know... has ever lost money by underestimating the intelligence of the great masses of the plain people. Nor has anyone ever lost public office thereby." - H.L. Mencken, Quotations from America's Critic

However, what's even more stupid to begin with, yet nearly inevitable, is having a "political culture" - today it's pretty much a substitute for / definition of "personality cult".
__________

#40 | Posted by CutiePie at 2025-01-27 08:34 PM

@#30 ... Never ask...

3. Deepseek what happened at Tiananmen Square in 1989 ...

Yeah, just like TikTok seems to repress videos that show China in a bad light, DeepSeek may also have a bias.

But my concern is not yet about such a bias, but how the Chinese seem to have leap-frogged US tech companies.

#41 | Posted by LampLighter at 2025-01-27 08:40 PM

@#35 ... China's Pearl Harbor moment. ...

One comment I heard was that this was the US AI industry's "Sputnik" moment.


#42 | Posted by LampLighter at 2025-01-27 08:43 PM

@#42

Found this ...

Donald Trump calls China's AI DeepSeek breakthrough a 'wakeup call' to US industry
www.financialexpress.com

#43 | Posted by LampLighter at 2025-01-27 08:44 PM

...but how the Chinese seem to have leap-frogged US tech companies.

They sent 1lumper2 to work for the US side.

#44 | Posted by REDIAL at 2025-01-27 09:29 PM

Fat Donnie Loser seeking to out Hoover Herbert Hoover.

#45 | Posted by LegallyYourDead at 2025-01-27 11:27 PM

Can't blame Nancy for selling NVIDIA, since it's been overvalued for some time.

Plus, for many, the fact that Trump

The current price is looking attractive.

GPUs are currently the most feasible means of running computations in parallel which is absolutely crucial to returning outputs at useful timescales.

Large language models (LLMs) are cool af, and clearly useful. But LLMs are just one application of neural networks and other machine learning methods.

GPUs are the best AI "brains" that we have. Until quantum computing lives up to the hype or we advance beyond silicon.

Not investing advice!

#46 | Posted by horstngraben at 2025-01-28 12:08 AM

Say it with me, test time scaling. Being able to use a novel TTS approach to dynamically adjust parameters during model training does not solve the basic inferencing problem that requires massive amounts of gpus to be fast and accurate. Deep seek is good at inferencing but it's not great, it's competing against platforms that are great.

To be fast and graded inferencing you have to have lots of Nvidia Cuda cores because they're optimized for linear algebra and clearly I can't be the only person in this forum that knows what matrix multiplication and row reduction is. Judging by this thread I might be.

The stock run is stock Movement by the same people who think Tesla is more valuable than all other car brands combined. Rationality is not on the menu.

#47 | Posted by sitzkrieg at 2025-01-28 08:19 AM

And Nancy did not get out because the stock was overvalued. Nancy got out because her trades appear to be psychic. They appear to be psychic because she has massive contacts from being the chairman of the house intelligence committee. You don't need AI to trade like Nancy it's on a dozen different Congressional trade trackers, you just do what she does and you will flourish. She vastly outperforms the market average. The only question was why did she make that move and the answer came out two weeks later to us plebs.

#48 | Posted by sitzkrieg at 2025-01-28 08:43 AM

"Nancy got out because her trades appear to be psychic."

Wow. That must've been the same reason I got out.

Obviously, nothing about what Trump is doing to the economy. Nothing at all.

Obviously.

#49 | Posted by Danforth at 2025-01-28 08:47 AM

Sitzkrieg with the tinfoil hat

#50 | Posted by hamburglar at 2025-01-28 09:06 AM

It does fit him well.

#51 | Posted by Corky at 2025-01-28 10:07 AM

"Meta assembled four "war rooms" of engineers to respond to potential breakthrough AI developments spearheaded by Chinese AI startup DeepSeek."

fortune.com

Wow... going to all this trouble when they coulda just ax'ed Sitzbath!

#52 | Posted by Corky at 2025-01-28 10:14 AM

So pithy. This is what it feels like to be a medical doctor watching people discuss taking horse dewormer.

#53 | Posted by sitzkrieg at 2025-01-28 10:57 AM

It's wonder that the Tech Bros haven't snatched you up to edumacate them on their expertise.

#54 | Posted by Corky at 2025-01-28 11:59 AM

Gots love the irony of watching a Chinese AI put an American AI out of work. Because it can do the job cheaper.

Oddly satisfying.

#55 | Posted by donnerboy at 2025-01-28 12:37 PM

The Singularity cannot be stopped.

#56 | Posted by donnerboy at 2025-01-28 12:38 PM

Deepseek R1 Explained by a Retired Microsoft Engineer

www.youtube.com

#57 | Posted by Corky at 2025-01-28 02:05 PM

Nancy Pelosi's portfolio had a 54% increase last year. She's fun because she's the most blatant. But it's ridiculous how much congress critters' investments outpace those of hedge-fund managers.

#58 | Posted by BellRinger at 2025-01-28 11:12 PM

__________
#50 | Posted by hamburglar at 2025-01-28 09:06 AM
Sitzkrieg with the tinfoil hat

No tinfoil. Nancy P. (and some other Congress-critters) ability to trade on inside info is one of the reasons why NANC/"Nancy" outperformed the "market," even with the reporting lag, price averaging and mixed with other, less "informed" Congressional trades in the fund. One could probably do better just tracking Nancy P. and few others in leadership positions.

That's also the reason for so many calls to ban members of Congress from active trading... yet this can lead to them "whispering" the trades to managers of their "blind" accounts, so no visible trades = no tracking funds or ETFs like NANC or KRUZ.

So, double-edged sword.

#41 | Posted by LampLighter at 2025-01-27 08:40 PM
... but how the Chinese seem to have leap-frogged US tech companies.

DeepSeek didn't leap-frog US companies in technology... but it's definitely shown we may have to rethink some "AI"-related economics, especially for non-critical/non-RT environments, like consumer-facing LLMs.

Some of this may actually be very good for AI development ("faster, cheaper, better") but not necessarily for all current vendors and suppliers to AI industry.

Since it's open-source, several companies (e.g., Aurora Mobile) already announced plans to incorporate R1 into their existing products or tech. Inference engine and other logic/calc parts may be developed/enhanced/speeded up through discrete ASICs, to move further along.

Far from perfect analogy, but they are looking to build, at least initially, [on] cheap BYDs, while many are stuck on Teslas.
__________

#59 | Posted by CutiePie at 2025-01-29 01:12 AM

Nancy P dis what all smart investors should do just before a Repubican takes office ... sell high!

Everyone who pays attention knows that FDT is going to destroy the economy. It's what Repubicans do. Every time.

#60 | Posted by chuffy at 2025-01-29 02:10 AM

Re: #59

So Pelosi knew that China was going to release Deepseek weeks ahead? She wasn't just selling stocks like many of us are because of the anticipated bubble collapse exacerbated by Trump catastrophe?

#61 | Posted by hamburglar at 2025-01-29 09:39 AM

DeepSeek was released in September. It didn't just come out in the last 2 weeks.

Pelosi is one of the worlds greatest stock traders. It's been studied and is settled science no peer review has overturned. The only question is would she be that good without being in government? You're an idiot if you think so.

#62 | Posted by sitzkrieg at 2025-01-29 10:39 AM

You don't need analysts yourself. Extra costs for lower returns. You just need to follow her trades on the plethora of sites that follow congressional stock action.

#63 | Posted by sitzkrieg at 2025-01-29 10:40 AM

If Nancy was an R instead of a D nobody here would be trying to defend a level of stock acumen that's only achievable by her and insider trading.

#64 | Posted by sitzkrieg at 2025-01-29 10:45 AM

Just waiting on the notification of her trade to rebuy on the dip. If you aren't, wtf are you doing?

#65 | Posted by sitzkrieg at 2025-01-29 10:46 AM

So Pelosi knew that China was going to release Deepseek weeks ahead? She wasn't just selling stocks like many of us are because of the anticipated bubble collapse exacerbated by Trump catastrophe?

People on the right obviously aren't paying attention to Warren Buffett.

#66 | Posted by YAV at 2025-01-29 10:46 AM

If Nancy was an R instead of a D nobody here would be trying to defend a level of stock acumen that's only achievable by her and insider trading.

#64 | POSTED BY SITZKRIEG

If Nancy was an R instead of a D nobody here would even know about her stock trades. That kind of information is not for the hoi polloi.

#67 | Posted by donnerboy at 2025-01-29 12:18 PM

It's public data.

#68 | Posted by sitzkrieg at 2025-01-29 12:38 PM

There's many dashboards you can use to follow congressional stock trading.

The most active trader right now, by number of trades, is MTG.

#69 | Posted by sitzkrieg at 2025-01-29 12:42 PM

Nancy has only managed to be down 2% on her Nvidia holdings. Like the market doesn't matter.

#70 | Posted by sitzkrieg at 2025-01-29 12:43 PM

The most active trader right now, by number of trades, is MTG.

#69 | Posted by sitzkrieg

Do you have a link to a good one?

#71 | Posted by jpw at 2025-01-29 01:08 PM

Wrong quote. SOrry, the dashboard(s) you were mentioning.

#72 | Posted by jpw at 2025-01-29 01:09 PM

re: Sitzkrieg

So the government and Nancy knew that Deepseek was going to outperform Nvidia weeks ahead? She wasn't just selling stocks like many of us are because of the anticipated bubble collapse exacerbated by Trump catastrophe?

#73 | Posted by hamburglar at 2025-01-29 01:35 PM

She wasn't just selling stocks

#73 | Posted by hamburglar at 2025-01-29 01:35 PM | Reply | Flag:

She was buying other stocks. She even hedged on Nvidia after a larger previous position. She didn't unload completely, she knows it'll bounce back after the hysteria subsides.

If you really sold on Trump Fear, you're a panic seller and not represented by the DOW average which is up from 42.5 to 48.5 from inauguration day to now.

#74 | Posted by sitzkrieg at 2025-01-29 01:47 PM

42.8 to 44.8, may bad. it's "only" 2000 points up.

#75 | Posted by sitzkrieg at 2025-01-29 01:47 PM

I am not sure what the hubbub is really all about.

Sure the Chinese can make things cheaper. The devil, of course, is in the details. There are a billion Chinese and they can practically pay them with dirt.

No environmental regs. They can disregard human rights with impunity.

And when the Chinese are able to produce something cheaper than Americans it is rarely better. Deepseek cannot do the things that America's AI can do.

So cheaper yes but not better.

However we are one step closer to the Singularity. And I am not sure at this point if it isn't AI itself that is pusher us toward it faster and faster. This headline and the results it achieved in the stock market seems to be an example of that.

#76 | Posted by donnerboy at 2025-01-29 01:49 PM

Wrong quote. SOrry, the dashboard(s) you were mentioning.

#72 | Posted by jpw at 2025-01-29 01:09 PM | Reply | Flag

Google it, there's a dozen and it's all the same public data. The only problem is the lag time between congressional trades and them filing the paperwork on it. In a few weeks we'll see who shorted Nvidia, and those will be the biggest crooks in Congress.

#77 | Posted by sitzkrieg at 2025-01-29 01:56 PM

In a few weeks we'll see who shorted Nvidia, and those will be the biggest crooks in Congress.

#77 | POSTED BY SITZKRIEG AT 2025-01-29 01:56 PM

Remind me when it happens. I would love to see it posted here.

#78 | Posted by lfthndthrds at 2025-01-29 03:23 PM

It's not as good, it's just cheaper to run. It's like comparing a Ferrari to a Corolla.

#6 | Posted by sitzkrieg

If you actually had a computer science degree you would understand it is actually as good and fully tunable for performance unlike any of the current AIs which are more like a Runaway Diesel engine (google it) than a Ferrari.

That said, it's scary as hell. So many idiots installing it without understanding what they are doing. I shut down our IOT people who wanted to run it on our network.

#79 | Posted by GalaxiePete at 2025-01-29 05:06 PM

"it is actually as good and fully tunable for performance unlike any of the current AIs"

Deepseek rivals American AI because it is so much cheaper.

Not because it is better. And it is currently only a chatbot from what I am reading. More efficient is definitely good though as it reduces the energy budget to support a chat bot.

But it still cannot do what American AI can do.

But it will cause America to double down on AI development in order to maintain its technological superiority.

This is exactly why The Singularity cannot be stopped.

#80 | Posted by donnerboy at 2025-01-29 05:15 PM

"That said, it's scary as hell. So many idiots installing it without understanding what they are doing. I shut down our IOT people who wanted to run it on our network."

Smart move.

#81 | Posted by donnerboy at 2025-01-29 05:15 PM

I read their fine print about all the stuff they can legally access that belongs to me... and decided they could wait. Cut bait... whatever they want.

#82 | Posted by Corky at 2025-01-29 05:18 PM

The thing about China, which is a LOT different place apparently from what our media portrays; they are all into the the Info Surveillance scene big time.

Some beautiful modern cities, but cams and recorders everywhere, informers, no real private data protection, and now a DNA fetish for all their people.

It's actually what the Tech Bros and Herr Musk have planned for you and I.

#83 | Posted by Corky at 2025-01-29 05:23 PM

"I read their fine print about all the stuff they can legally access that belongs to me... and decided they could wait. Cut bait... whatever they want."

Also a smart move.

As a system administrator there is no way in hell I'd ever install something like this right after it came out on a live network. Or even my own system.

I had a "honeypot" set up outside the network for such things. But if it was asking for access to my personal info forget it. It ain't happening. Not for an AI built in China. That's for sure.

Unfortunately for America there plenty of people out there who will.

#84 | Posted by donnerboy at 2025-01-29 05:26 PM

Re: #84

I might need to do a "honeypot" setup myself, for curiousity's sake. Maybe a virtual machine? Or when I finally get a new laptop.

#85 | Posted by hamburglar at 2025-01-29 07:34 PM

Told you. Trillions.

#86 | Posted by oneironaut at 2025-01-29 07:44 PM

"That said, it's scary as hell. So many idiots installing it without understanding what they are doing. I shut down our IOT people who wanted to run it on our network."

Only if you run deepseek on their servers, there are plenty of third party servers.

As I stated I have subset running locally.

"I read their fine print about all the stuff they can legally access that belongs to me... and decided they could wait."

So it's Facebook? Lol

#87 | Posted by oneironaut at 2025-01-29 07:49 PM

@#87 ... Only if you run deepseek on their servers, ...

Yeah, ... and ...?

What percentage of smartphone users just download the app and start using it?

There seemed to be little kickback from those smartphone users with China getting their personal data, so why does your current alias think those users will see any sort of of problem with the defaults presented by DeepSeek?


#88 | Posted by LampLighter at 2025-01-29 08:03 PM

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