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re: Markets may be turbulent tomorrow due to contraction in the AI sector
Posted on 1/27/25 at 9:14 am to NC_Tigah
Posted on 1/27/25 at 9:14 am to NC_Tigah
quote:
There are all sorts of related data privacy concerns
You must be listening to Jim Cramer panic this morning
He is so upset that he is calling for President Trump to ban everything China. "Free Market Capitalism" 
2
Posted on 1/27/25 at 9:21 am to John Barron
quote:Cramer is a nitwit, but I did see the Sorkin-Wang Davos interview last week.
You must be listening to Jim Cramer panic this morning
Posted on 1/27/25 at 9:28 am to Hookah
Everybody should sell all their NVDA, MSFT, APPL, GOOG, TESLA, META now. If anyone has any INTC, I will buy it all for $2 now. Anything related to AI and isn't Chinese going to drop 50% + get out now. Please let your friends know. If y'all need help dumping shares, let me know. I'm willing to fall on my sword so you guys can prosper.
Posted on 1/27/25 at 9:34 am to SmackoverHawg
quote:
Everybody should sell all their NVDA, MSFT, APPL, GOOG, TESLA, META now. If anyone has any INTC, I will buy it all for $2 now. Anything related to AI and isn't Chinese going to drop 50% + get out now. Please let your friends know. If y'all need help dumping shares, let me know. I'm willing to fall on my sword so you guys can prosper.
Posted on 1/27/25 at 10:04 am to Deacon
If what deepseak actually did what is reported then I would expect AI companies to follow their model but be able to scale up with brute force. In the end this will propel AI forward.
Posted on 1/27/25 at 10:09 am to Bwmdx
quote:100%.
If what deepseak actually did what is reported then I would expect AI companies to follow their model but be able to scale up with brute force. In the end this will propel AI forward.
This was all about training efficiency. Performance will improve proportionate to hardware/chips employed.
Posted on 1/27/25 at 10:19 am to Bwmdx
quote:
In the end this will propel AI forward.
Yes. Having a product like Deepseek which is free and open source will do that
quote:
able to scale up with brute force
Majority of people will not pay for a product when a close in performance product is available for free. The big tech companies spent billions with the idea they will be able to charge money for the products services. Deepseek renders that business model DOA
Posted on 1/27/25 at 10:19 am to stout
quote:
DeepSeek is opensource AI built by 200 people for $6 million
Anyone tracked down the “$6 million” source?
Posted on 1/27/25 at 10:28 am to Bwmdx
quote:
If what deepseak actually did what is reported then I would expect AI companies to follow their model but be able to scale up with brute force.
Of course but that scale up was supposed to include profits from subscriptions and ads and sale of hardware...lots of it.
Because of opensource DeepSeek a lot of the profits on the front end from subs and ads will be lower and the profits from hardware sales will also be lower.
Posted on 1/27/25 at 10:28 am to Decatur
quote:
Anyone tracked down the “$6 million” source?
I saw some quotes.. I think his name was Truss M. Ebrothaman if I'm spelling that last name right.
Posted on 1/27/25 at 10:45 am to LSURussian
quote:Okay, just hopped back in at $117.6. Rock and Roll
True story: I sold all of my NVDA shares Friday afternoon
Posted on 1/27/25 at 10:47 am to GumboPot
Posted on 1/27/25 at 11:00 am to Decatur
quote:Several outlets are reporting it, apparently originating straight from the company's claims.
Anyone tracked down the “$6 million” source?
Posted on 1/27/25 at 11:06 am to NC_Tigah
Posted on 1/27/25 at 11:17 am to NC_Tigah
All I know is my VRT got murdered this AM.
Posted on 1/27/25 at 11:38 am to NC_Tigah
quote:
Okay, just hopped back in at $117.6. Rock and Roll
I got too impatient and got back in at $123 which is about $20/share under what I sold at on Friday. It's only 250 shares. Oh, well.
I'm considering averaging down by buying another 250 shares if the price goes back under $119 this afternoon.
Posted on 1/27/25 at 11:42 am to John Barron
quote:
DeepSeek developed and open sourced an equal or better product and have it out for free, likely killing the business model
We are in the infancy stages of AI imo.. what is known today will be nothing to what is known 5 years, 10 years, 20 years down the road.. I don't think anyone truly knows the full capability at this point.. People can speculate all they want, but it's most likely way bigger than even imagined..
Now that is just my opinion, and maybe I am wrong there.. I personally am skeptical if true machine learning is taking place at this point.. In my limited experience (and to be fair, it is very minimal) the coding was the actual brain and therefore, there is a lot of bias that goes into every model that is built.
But once a new discovery is made, especially if it is on an open source platform, that discovery will be integrated into every future model.. and rather quickly, which will evolve into something new, and that is what appears to be happening here..
The game will be constantly changing, even when we think someone has reached the pinnacle.. the whole thing is flat out scary.. Without a doubt, my profession (Accounting) can be completely automated. 100% complete automation. It is rule based and therefore with the right rules, there isn't anything a monkey couldn't do.. if properly trained.
TLDR: 10-20 years from now, the technology we are using today will likely be completely obsolete. This is a new world we are living in..
Posted on 1/27/25 at 11:56 am to LSURussian
quote:Yep. Sold @$146 Fri. Picked up 425 today, so a toe back in the water. But for us, selling on Fri to buy back in on Monday is really unusual.
I got too impatient and got back in at $123 which is about $20/share under what I sold at on Friday. It's only 250 shares. Oh, well.
This post was edited on 1/27/25 at 12:00 pm
Posted on 1/27/25 at 11:59 am to BigBro
quote:Yeah, nothing got "killed" by DeepSeek. Far from it.
We are in the infancy stages of AI imo.. what is known today will be nothing to what is known 5 years, 10 years, 20 years down the road.. I don't think anyone truly knows the full capability at this point.. People can speculate all they want, but it's most likely way bigger than even imagined..
Posted on 1/27/25 at 12:06 pm to stout
Answer Bot =/= AI
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