Quote from: RE on Jan 28, 2025, 05:49 AMDropped this on earlier, but so far Kdog hasn't got it restored.Now that a day has gone by I see DeepSeek shows how precarious the stock market is. Nvidia stock plunges and looses more value than a medium sized country (value it never should have had) because a new innovation comes along.
Not only won't tech save us, it's wreaking havoc with the stock market. AI is a huge bubble, and this newz from China is just the pin to pop it. It should be quite interesting watching the conjvulsions as a trillion in speculative investment goes up in smoke.
https://www.cnn.com/2025/01/27/tech/deepseek-stocks-ai-china/index.html
A shocking Chinese AI advancement called DeepSeek is sending US stocks plunging
RE
In the theatre of collapse ( i prefer that spelling ) is there such a thing as a good thing. Could the fall of an overpriced stock be a good thing?
I really do not give a fuck. Our system is rotten to the core, and thinking about Nvidia stock loosing value as being a good thing or not is about the same as thinking about where deck chairs should be placed on a sinking ship.
Is this the pin that pops the tech bubble? It could be.