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‘Sputnik moment’: $1tn wiped off US stocks after Chinese firm unveils AI chatbot
(www.theguardian.com)
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this post was submitted on 27 Jan 2025
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Yep, because they believed that OpenAI's (two lies in a name) models would magically digivolve into something that goes well beyond what it was designed to be. Trust us, you just have to feed it more data!
That's the neat bit, really. With that model being free to download and run locally it's actually potentially disruptive to OpenAI's business model. They don't need to do anything malicious to hurt the US' economy.