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Is DeepSeek about to cause a stock market crash?
(uk.finance.yahoo.com)
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this post was submitted on 27 Jan 2025
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Even if Chinese models were banned, and Chinese cloud services for running models remotely were banned, the episode shows that the vast VC money spent on AI firms was wasteful. Since most AI firms are dependent on investment to cover overhead, a threat to those VC cashflows would prove ill to the companies' stock prices regardless of access/pratical impact of Deepseek R1.
IDK how you would even 'ban' DeepSeek V3 anyway, shit is open-source including all weights and training data
Well, I said we'd ban Chinese services not the model. Obviously, you can download the model. I've already done that. But even when run locally it is heavily censored. The new version of the model would require beefy hardware to run. Most consumers will need services to make the models useful. Just the model isn't enough.
So, we'd need a western version of this model to be trained and then run by some tech company before it makes a splash IMO.
"heavily censored" lmao. It's much easier to dance with than the ChatGPT one.