So, $1 trillion just disappeared from the stock market over the last couple of days, all thanks to Deepseek’s new model. Everyone freaked out and sold off Nvidia, Apple, Meta, basically all the big names. And how did Deepseek react? 1/2 - ThreadSky

aaliamauro.bsky.social • 33 days ago

So, $1 trillion just disappeared from the stock market over the last couple of days, all thanks to Deepseek’s new model.

Everyone freaked out and sold off Nvidia, Apple, Meta, basically all the big names. And how did Deepseek react?

1/2

Comments

jadeskye.bsky.social•33 days ago

The AI bubble has to pop eventually, it's all held up by hot air and baseless speculation.

hazdaz.bsky.social•33 days ago

That $1T was never actually there. It was all bullshit valuations. Silicon Valley is so disconnected from reality, it's not even funny.

samy9121.bsky.social•33 days ago

Honestly, I think it was a planned sell-off by the big players and Deepseek was a convenient excuse. On the same day Japan announced an interest rate hike and Trump creates instability alone with all his tariff threats.

cartermrh.bsky.social•33 days ago

Idk, I don't think there's enough order in this world for something like that to be coordinated.

raventhered.bsky.social•33 days ago

Stocks are mostly made up money anyway. Plus, all the dollars are just IOUs. The capitalist class playing with imaginary money and the workers end up paying for it.

vinewood-og.bsky.social•33 days ago

Bingo. Here come EVEN MORE layoffs despite record profits.

raventhered.bsky.social•33 days ago

And then once the riots happen they will use them as excuses to enact more laws to stamp them down. Put the protestors in prisons, have them work labor for cheap. I can see them expanding the prison labor forces ten fold.

vinewood-og.bsky.social•33 days ago

The moment the people act, they will declare martial law. Those private prisons need "customers."

This is now, and always has been about slavery and genocide.

aaliamauro.bsky.social•33 days ago

They dropped a new open-source model called Janus Pro. It can not only see images but create and talk about them too.

DeepSeek is Luigi to big tech.

kidornery.bsky.social•33 days ago

That means it can write alt-text for me

simplefinance.bsky.social•33 days ago

Only those who don’t know what they’re doing sell when stocks crash. If everything went on sale at Target tomorrow at a 20% discount, what would people do? Run to, and spend money at Target. What do they do with their stock? Sell. In 2008/2009, everything was on sale.

cartermrh.bsky.social•33 days ago

The question is, is this 2009 real estate, or 1970 US Steel? There is a history of overseas firms disrupting US flagship companies and their stock essentially never recovering to the pre-competition days. Deepseek might be the micromill to OpenAI's basic oxygen furnace.

simplefinance.bsky.social•33 days ago

Good point, however my point is that if you invest in well-diversified index funds, it doesn’t really matter which one it is. The market goes up, and all boats collectively rise

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