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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[–] 113 points 2 years ago (22 children)

Has anyone tried to save the stock market by calling DeepSeek woke yet

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  • [–] 88 points 2 years ago (14 children)

    Reddit is wall to wall tinyman square xinnie the pooh deepseek memes right now so we'll see if that pans out for them

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  • [–] 72 points 2 years ago (10 children)

    So much cope in the comments "Chyna is 40 years behind us!" and "It's easy to do when you steal!" I'm like brother look at Shenzhen and compare it to ANY US city.

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  • [–] 74 points 2 years ago (6 children)

    “Easy to do when you steal”, is pretty fucking rich coming from someone defending US tech companies.

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  • [–] 53 points 2 years ago (4 children)

    Also reveals that le epic science redditors don't actually care about science and human advancement. Everything is "stolen" in science, in that it builds on something someone else developed before you. Technological advancements have been getting "stolen" (sometimes more literally, other times more "ethically" or legitimately) since we were knapping rocks.

    Newton's original physics and calculus methods SUCK compared to modern physics (specifically "classical") and calculus methods, because we've had like 300 years to improve it. But you know redditors/westerners would be first to say Einstein stole from Westerners if he were East Asian.

    Also goes to show that the whole modern techbro "open source" knowledge thing isn't out of principle. Its to outsource labor whenever the labor doesn't produce an immediate value. Techbros should be happy the Chinese devs made it open source, because THEY CAN USE IT TOO. But nope, because they can't solely profit off it, they're mad.

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  • [–] 31 points 2 years ago

    Even during my short-lived time as a cs student there was a saying:

    “Good programmers write good code. Great programmers steal great code!” Capitalism’s logic is incompatible with the nature of knowledge itself. There’s so much inefficiency because people want to sit on and do nothing with their IPs or knowledge.

    Imagine if even your local community college could have the information to teach Harvard level classes at a fraction of the price?

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  • [–] [S] 45 points 2 years ago (1 child)

    Which is so funny in this situation because DeepSeek can be run without the internet and is completely open source so you can go in and remove any censors and use it offline to talk about the tiny man and see see pee all you want

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  • [–] [S] 66 points 2 years ago (5 children)

    Earlier today it was facing a cyberattack lmao so they tried it

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  • [–] 24 points 2 years ago (3 children)
  • [–] [S] 49 points 2 years ago* (last edited 2 years ago) (2 children)

    Yes. Nvidia alone is down 17% and has lost $560 billion in market value

    Oh wait I thought you were responding to the post in general asking about Nvidia. Yes, for some people that is why DeepSeek was down! my bad

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