• @Cocodapuf
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    23 days ago

    My understanding is that DeepSeek still used Nvidia just older models

    That’s the funniest part here, the sell off makes no sense. So what if some companies are better at utilizing AI than others, it all runs in the same hardware. Why sell stock in the hardware company? (Besides the separate issue of it being totally overvalued at the moment)

    This would be kind of like if a study showed that American pilots were more skilled than European pilots, so investors sold stock in airbus… Either way, the pilots still need planes to fly…

    • bobalot
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      3 days ago

      Perhaps the stocks were massively overvalued and any negative news was going to start this sell off regardless of its actual impact?

      That is my theory anyway.

      • @Cocodapuf
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        23 days ago

        Yeah, I think that’s a pretty solid theory. Makes more sense when looked at that way.

    • @[email protected]
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      43 days ago

      Yes, but if they already have lots of planes, they don’t need to keep buying more planes. Especially if their current planes can now run for longer.

      AI is not going away but it will require less computing power and less capital investment. Not entirely unexpected as a trend, but this was a rapid jump that will catch some off guard. So capital will be reallocated.

      • @Cocodapuf
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        13 days ago

        Right, but in that metaphor, the study changes nothing, that was my point.

        • @[email protected]
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          12 days ago

          Ok, we’ll let’s keep the plane analogy. If they could run on 50% less fuel, would you invest in airline fuel companies, thinking they will be having bumper sales figures?