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this post was submitted on 27 Jan 2025
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TechTakes
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
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Live: Chinese AI bot DeepSeek sparks US market turmoil, wiping $500bn off major tech firm
Shares for leading US chip-maker Nvidia dropped more than 15% after the emergence of DeepSeek, a low-cost Chinese AI bot.
https://www.bbc.com/news/live/cjr85l2e4l4t
lmao
Folks around here told me AI wasn't dangerous 😰 ; fellas I just witnessed a rogue Chinese AI do 1 trillion dollars of damage to the US stock market 😭 /s
is that Link??
Is it too early to hope that this is the beginning of the end of the bubble?
Also, does someone know why broadcom was also hit so hard? Is it because they make various networking-related chips used in datacenter infrastructure?
When hedge funds decide to flip the switch on something the reaction never looks rational. Meta was green today ffs.