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2 Trillion dollars in U.S. Stock market cap erased in a day by DeepSeek, which was released only a day after the US announced a 500 billion dollar investment in AI.
DeepSeek only invested 5.6 million dollars in computing power.
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this post was submitted on 27 Jan 2025
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Chapotraphouse
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Banned? DM Wmill to appeal.
No anti-nautilism posts. See: Eco-fascism Primer
Slop posts go in c/slop. Don't post low-hanging fruit here.
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I remember reading about how the US was funding a ton of solar panel manufacturing, then when China made them cheaper than the US could, dragged the world back to oil. I wonder if the US will try the same trick here.
Fun fact, the US solar panel output is much lower than its on-paper capacity because all that investment went into the end of the pipeline and very little into the beginning, so things like polysilicon availability are causing supply chain bottlenecks.
They will ban Deepseek for “national security” reasons that are never detailed or elaborated on. Like TikTok.
They’ll never be able to. It’s open source software
I wish I could believe that would stop them from trying.
Sure they’ll try but that doesn’t change what open source means
Ok but they can ban the deepseek website and it’s api. Some American company with money to burn on hosting it can spin another one up, i guess, but that sure doesn’t feel like a victory for open source.
Or they could just do something like what they do for encryption algorithms.
You mean drag back translators, artists, writers... from unemployment, to give them the work that was stolen by "AI"?
Sounds like a win to me 👍
nah, they won't actually benefit the workers, they'll just outsource work somewhere