A shocking Chinese AI advancement called DeepSeek is sending US stocks plunging

[RE]

This is getting very interesting, and complicated.

Gas gets cut off from one supplier reducing electricty generation in another location which restricts the export of power over the grid which is substituted for by electric power from another generating location receiving gas from another supplier.  Have you got all that straight?

Let me make clear what is happening.  A game of Musical Chairs is being played with the Total Available Energy, which is declining.  As it reduces, each side blames the other as the instigator for the problem which is not really political, they simply do not have enough of the supply to hand out to everybody at a price they can afford to pay.  So, one by one, each location gets cut off the grid, leaving a surplus of power for everyone else, which they then get at a price they can afford.

The weakest locations with the most problems and the fewest factories that need power are cut ogff first, leaving the power to be sucked up by the stronger locations.  Thus a country like Cuba which contributes little of industrial value gets cut off first, and a country like Ukraine in dispute between 2 of the big players gets cut off second.

Currently, Ukraine is dropping off the grid.  Moldova looks like it will follow shortly after that.  Here on this side of the pond, Cuba and Puerto Rico are dropping off the grid.  I expect to see similar problems in Colombia, Venezuela and in a couple of years, Brasil.  When it gets that far, we're going to be in the deep shit.

Ukraine calls Slovakia's bluff as Fico threatens power cutoff over Russia gas deal spat

https://www.politico.eu/article/ukraine-slovakia-russia-gas-deal-power-robert-fico/

RE

[RE]

Dropped this on earlier, but so far Kdog hasn't got it restored.

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

[K-Dog]

Dropped this on earlier, but so far Kdog hasn't got it restored.

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

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.

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.