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Topic: Has DeepSeek burst the US tech bubble? - page 2. (Read 346 times)

legendary
Activity: 1372
Merit: 2017
January 29, 2025, 12:39:25 PM
#34
as someone who has been using deepseek for the past few days, i can understand why the american market is worried about a competitor like deepseek. they are simply amazing at developing this ai with a much cheaper investment compared to what chatgpt or other big ai players have spent. deepseek is really shaking up the market with their platform and showing the world that AI technology can actually be developed better and at a much lower cost than what is currently available in the industry, and maybe this will change the direction of the ai ​​industry in the future.

I'm more interested to know about this, as I tried it for a bit and uninstalled it because you can't talk to it to begin with. Can you upload pictures? Have you tried ChatGPT as well for comparison?
full member
Activity: 868
Merit: 202
January 29, 2025, 12:07:29 PM
#33
....
What do you think about it?


as someone who has been using deepseek for the past few days, i can understand why the american market is worried about a competitor like deepseek. they are simply amazing at developing this ai with a much cheaper investment compared to what chatgpt or other big ai players have spent. deepseek is really shaking up the market with their platform and showing the world that AI technology can actually be developed better and at a much lower cost than what is currently available in the industry, and maybe this will change the direction of the ai ​​industry in the future.
legendary
Activity: 3206
Merit: 1174
Leading Crypto Sports Betting & Casino Platform
January 29, 2025, 11:21:22 AM
#32
It's too early to say if Deepseek is able to break the dominance of US in the tech market or not. I have started using this chatbot since last 1 day after the news broke out and I find it amazing. This chatbot is not only giving you the answers but also showing the logic it is using being it's answer. It is really a game changer to be honest. But it not something super exclusive that other AI companies won't be able to implement.

Well while your analysis may be true but my experience is a little bit different. When I enable the search function it usually says "The Server is busy. Please try again later". Sometimes the queries take a lot of time to process. I think these delays are because everyone is using this free service as DeepSeek doesn't have a paid version. Let's see how things turn out after some time. If the speed improves and it remains free to use, it will be a big help to the World.
legendary
Activity: 3234
Merit: 5637
Blackjack.fun-Free Raffle-Join&Win $50🎲
January 29, 2025, 07:04:47 AM
#31
It was inevitable that something like this would happen, because for the past few years there have been rumors circulating that China is much further along in AI development than anyone else in the world, and now it's obvious that this is true. I don't see how the US, and especially the EU, can compete with China on this issue at this moment, not only in that field but in all other technological fields.

In recent months, I have noticed the increasing appearance of advertisements for Chinese vehicles on my national televisions, along with of course the ever-present Chinese smartphones that are taking an ever-increasing share of the world market. Whatever one thinks about the Chinese, the fact is that they are like bees on steroids and do not show the slightest sign of slowing down - the question is how to compete with a country that has raised communism to a completely new level in which they are beginning to behave as one big collective consciousness (something like SF Borg).
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
January 29, 2025, 06:20:36 AM
#30
Like yourself for the last 10 years on this forum, you mean?
The irony of my post wasn't lost on me. I didn't realize it at first (say when I joined Bitcointalk), but it's becoming more and more obvious. And I didn't only mean on this forum. Back to the doctor you mentioned: if I call my GP, I get an answering machine. If I call my pharmacist, I get an answeringmachine. Both machines are referring me to their website or an app, both machines are telling me they're short-staffed.
That brings me to the next thing: despite the higher productivity and despite replacing human interaction by machine interaction, there's still a shortage of workers everywhere in my country. How is that even possible? I'd say the main cause is because labor is too cheap, and most people don't benefit from the increased productivity. That gives whoever benefits from this the incentive to get more people to work more.

Quote
To begin with, a poor person in 1964 was much poorer than a poor person in 2025, who has more access to much better goods and services.
I don't think "poor people" are a good starting point for this discussion. "The poor" in my country get money from many different government programs. It's the working middle class I'm most worried about.
Goods got much cheaper, services got much more expensive. That's why it's often cheaper to replace a product instead of repairing it. But we also need more goods: there used to be one phone in a household, and it used to last forever.

Quote
Also, I would not put the beginning in 1964, but rather in 1971, which is where money became completely fiat, a system which led to the creation of bitcoin as an opposition.
Agreed. I've seen graphs going back further before 1964, which makes it even more obvious there was a tipping point in 1971.
hero member
Activity: 3010
Merit: 666
January 29, 2025, 06:07:47 AM
#29
That’s the competition right there. The US won’t let China get ahead, especially in terms of technology, because they’re both heavily invested in it. In fact, when it comes to quantum computing, China has reportedly invested even more than the US. The race is intense, and neither side wants to fall behind.

https://itif.org/publications/2024/09/09/how-innovative-is-china-in-quantum/
Quote
China claims over $15 billion in public quantum funding, far outpacing the United States. While U.S. private funding is higher, China offsets its private sector shortfall with massive public investment.
wtf are you talking about? do you know the difference between quantum computing and AI chatbots?


Nah, you’re not getting my point. I fully understand that these are different technologies. What I’m saying is that China has poured massive investments into tech, so it’s not surprising that their AI version of ChatGPT, DeepSeek, is shaking up the industry.

I just mentioned quantum computing because the U.S. has been developing it too, but as I pointed out, China is also making huge moves in that space, with even bigger investments.
full member
Activity: 266
Merit: 133
January 29, 2025, 04:16:40 AM
#28
A lot of 2024 end-of-year predictions stated that AI would be taken to a different level this year. It's only been January, and yes, a lot is happening already in the tech and AI space. So, I'm actually here for it. Aside from DeepSeek, you're going to see more AI innovations coming up. One thing I notice about DeepSeek is the way they position themselves at the moment. Because it's still AI tool, it still writes like ChatGPT.

Just that it's more open-source, and they're giving more features on the free version of it for starters. According to reports, they built it to provide solutions in faster time and they conserved resources for building it. But let's just keep our minds open that this year, we're going to be seeing a lot AI innovations and improvements. We're going to see top companies battling each other for the top spot.
legendary
Activity: 1372
Merit: 2017
January 29, 2025, 03:34:12 AM
#27
Maybe I'm getting old, but I see more and more human interaction being replaced by machines, and I don't think that's a good thing. Personal contact is replaced by messages on a screen, paying in shops is replaced by doing it yourself on a machine, working from home through machines, getting cash from machines, the list goes on and on.

Like yourself for the last 10 years on this forum, you mean?

That's an interesting one: what's the point of increasing productivity if it only makes a few people much richer? I'm thinking of this graph:
Image loading...
(source) (there are newer versions of this graph, but the ones I found don't work through the forum's image proxy)
I know one thing: that's not making your country any better! It leads to "the working poor", while some people get richer than anyone has ever been before. So if productivity keeps going up but more and more people have a hard time in affording the basics like housing and even groceries, something's not right. And I don't think AI is going to make that any better.

To begin with, a poor person in 1964 was much poorer than a poor person in 2025, who has more access to much better goods and services.

Also, I would not put the beginning in 1964, but rather in 1971, which is where money became completely fiat, a system which led to the creation of bitcoin as an opposition.

I'm not willing to accept our machine overlords Tongue

They are as overlords as you internet connexion, your cell phone and your bitcoin.

the US loves capitalism and the free market until they are on the losing end of it. then it's unfair, and accuse other economies of not playing by the "free market" rules, start slapping tariffs and banning companies under the excuse of national security.
would not be surprised if they ban deepseek for the same reason.

The USA is not a static country. Biden was a socialist who pushed his country further and further away from the free market, while Trump is already introducing measures in the opposite direction.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
January 28, 2025, 08:51:23 PM
#26
I don't know if you've heard by now, but today's dip is mainly because DeepSeek, a Chinese artificial intelligence company has developed an open-source artificial intelligence model that some say works better than ChatGPT and other US AIs, and more importantly, does it for a fraction of the cost. This comes shortly after the US announced a $500B investment in AI.

The tech bubble has been behind the success of Nvidia, the world's most profitable company until MicroStrategy came into play. These companies, many of which have AI projects, have caused a huge demand for hardware that with the success of DeepSeek is now in doubt as to whether it will continue to be needed.

As a result, Nvidia is currently down 17% in today's session, and the Nasdaq is down 3.32%. As you may have noticed it has affected the markets in general and also bitcoin and cryptocurrencies which are also trading down today.

Here is an article on the subject: Why Is DeepSeek Sinking Nvidia Stock?

What do you think about it?


China has long been ahead of the AI game. Ever since Joe Biden became President of the United States, the country has been taking one step backwards. Not anymore. President Trump recently approved a billion USD funding for AI development. The project called "Stargate", is composed of several tech companies (one of them is OpenAI) aimed to boost the development of AI within the US. If successful, it could position the country as the leading force of the AI industry. America First, right? Otherwise, you can say "bye-bye" to US tech supremacy for good.

As far as stock prices go, I'd say it's a lucky guess. Maybe, just maybe, Nvidia's stock market price will be able to bounce back to its original levels. Assuming the company comes up with something that will "blow" this DeepSeek hype out of the water. The future is unpredictable, so I can only hope for the best. Cheesy
sr. member
Activity: 518
Merit: 433
Playbet.io - Crypto Casino and Sportsbook
January 28, 2025, 06:06:17 PM
#25
I believe something was sacrificed for such efficiency. The difference is mind-blowing
And it seems like US and China has taken their war into AI's.
Recovery is still in the table
Competitions like this either break you or makes you and the users enjoy it.
Haven't used ChatGpt so can't really tell the difference.
hero member
Activity: 882
Merit: 501
January 28, 2025, 03:41:22 PM
#24
According to the news I read, it was stated that you can get the app for free.

That's true and wonderful. Big congrats to Liang Wenfeng for proving that things can (and will have) be different.

As a result, Nvidia is currently down 17% in today's session, and the Nasdaq is down 3.32%. As you may have noticed it has affected the markets in general and also bitcoin and cryptocurrencies which are also trading down today.

All the American AI providers/involvement companies with their closed-source codes and monopoly, have a guy that puts the glasses on their eyes. Too bad for them, not for us.

My business is with bitcoin.

The End. Cool
hero member
Activity: 510
Merit: 574
Too Little, Too Late.
January 28, 2025, 03:34:15 PM
#23
That’s the competition right there. The US won’t let China get ahead, especially in terms of technology, because they’re both heavily invested in it. In fact, when it comes to quantum computing, China has reportedly invested even more than the US. The race is intense, and neither side wants to fall behind.

https://itif.org/publications/2024/09/09/how-innovative-is-china-in-quantum/
Quote
China claims over $15 billion in public quantum funding, far outpacing the United States. While U.S. private funding is higher, China offsets its private sector shortfall with massive public investment.
wtf are you talking about? do you know the difference between quantum computing and AI chatbots?

Quote
Artificial intelligence is already being used in several areas and improving productivity a lot
That's an interesting one: what's the point of increasing productivity if it only makes a few people much richer? I'm thinking of this graph:
Image loading...
(source) (there are newer versions of this graph, but the ones I found don't work through the forum's image proxy)
I know one thing: that's not making your country any better! It leads to "the working poor", while some people get richer than anyone has ever been before. So if productivity keeps going up but more and more people have a hard time in affording the basics like housing and even groceries, something's not right. And I don't think AI is going to make that any better.
not to mention, it's not like people will start working fewer hours as a result of the improved productivity. they say AI will allow us to free up more time to focus on what truly matters, but we know the world doesn't work like that.
the corporate overlords will just give people more work that the AI can't do to squeeze more profit to make the rich even more richer.

Capitalism has competition and ultimately the idea is by having open market places you obtain the best product, most efficiently made and cheapest to deliver to the most people.   Bidding on higher prices might be liked by traders but the product is for the people who use it and they want the lowest price, this dynamic is seen in all (normal) markets and the reset is totally normal.
the US loves capitalism and the free market until they are on the losing end of it. then it's unfair, and accuse other economies of not playing by the "free market" rules, start slapping tariffs and banning companies under the excuse of national security.
would not be surprised if they ban deepseek for the same reason.

Nvidia will recover as I understand it and they might have even expected to receive various attempts by other companies against their production.    Not everything Nvidia does will be perfect or succeed and I believe they are quite ready to deal with that.
i agree, nvidia will be just fine. after all they are the ones selling the shovels in the AI gold rush.
STT
legendary
Activity: 4102
Merit: 1454
January 28, 2025, 02:28:23 PM
#22
Bubble suggests it was never feasible, ie. a collapse like a bubble that can never rebuild when popped.   Its not quite that severe, we are talking about normal process here.

Capitalism has competition and ultimately the idea is by having open market places you obtain the best product, most efficiently made and cheapest to deliver to the most people.   Bidding on higher prices might be liked by traders but the product is for the people who use it and they want the lowest price, this dynamic is seen in all (normal) markets and the reset is totally normal.

  Nvidia will recover as I understand it and they might have even expected to receive various attempts by other companies against their production.    Not everything Nvidia does will be perfect or succeed and I believe they are quite ready to deal with that.

 The tech industry will likely be just fine, the products are valid and represent growth.  It could take years or more for investors to be happy with gains but thats the burden and risk they take.  Anyone who remembers the 90's tech boom and collapse will chuckle about the fears now.

Quote
I don't think that's a good thing.

Efficiency and choice is a good thing.  The personal touch we can relate back 120 years to the arts and crafts movement, the fallout from industrialisation and mass production.  People always have valued the real touch of humans hand working a product, the little variations and skill is admirable.   But cheap often wins, the falling wages I agree with but also its government to blame imo; the benefits of technology have not made people poorer so I could never believe that personally.
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
January 28, 2025, 02:03:58 PM
#21
I find it quite shocking that a guy as obviously intelligent as you are so reluctant to embrace this new technology.
Maybe I'm getting old, but I see more and more human interaction being replaced by machines, and I don't think that's a good thing. Personal contact is replaced by messages on a screen, paying in shops is replaced by doing it yourself on a machine, working from home through machines, getting cash from machines, the list goes on and on.

Quote
Artificial intelligence is already being used in several areas and improving productivity a lot
That's an interesting one: what's the point of increasing productivity if it only makes a few people much richer? I'm thinking of this graph:
Image loading...
(source) (there are newer versions of this graph, but the ones I found don't work through the forum's image proxy)
I know one thing: that's not making your country any better! It leads to "the working poor", while some people get richer than anyone has ever been before. So if productivity keeps going up but more and more people have a hard time in affording the basics like housing and even groceries, something's not right. And I don't think AI is going to make that any better.

Quote
For me it is your emotional mind that is working there making you reluctant to accept it.
I'm not willing to accept our machine overlords Tongue

Quote
just wait until you see the AI agents in full operation
I can't wait to have Metalhead patrol the streets!

I tried the website:
Quote
www.deepseek.com

Verify you are human by completing the action below.
The irony Tongue
After this, it wants my email address and I have to accept their terms, so I closed it.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
January 28, 2025, 01:30:07 PM
#20
Deepseek is the hot topic all around the world right now, I just tried and doesn't see much difference as an average user but many tech enthusiasts claims that this is ground breaking innovation and going to change the dynamics of AI evolution.

What I saw is 10Mn project caused the trillion dollar market to collapse that's something.

Also it exposes that we don't need heavy funding to bring something, it can be possible with most efficient application of what we have.

Finally ChatGPT lost to another AI model Deepseek even before taking the jobs of actual developers.
legendary
Activity: 1372
Merit: 2017
January 28, 2025, 01:22:42 PM
#19
I've read about this (a couple of years ago): some block-box AI that created better diagnoses on specific conditions than the doctors, and they didn't know why.
...
Wolfram Alpha has been doing that for decades.

I find it quite shocking that a guy as obviously intelligent as you are so reluctant to embrace this new technology. Artificial intelligence is already being used in several areas and improving productivity a lot, even if you don't see apps you can download from Google Play or Apple Store as useful. For me it is your emotional mind that is working there making you reluctant to accept it.

AI is a disruption as was the internet itself in its day or cell phones or bitcoin. It is not a question of whether it will be useful or not, it is being used massively today in many fields and medicine is just one of them. I can understand that you don't want a forum full of AIs and not humans (just wait until you see the AI agents in full operation, and see if you can distinguish them from humans) but that vision you have of AI is quite reminiscent of the one scribes had when the printing press was invented.

People destroyed printing presses out of fear. What will we do to AI?


Quote
Just like with AI, people worried about job security and the spread of disinformation. Machines were destroyed and book merchants were chased out of town.
legendary
Activity: 3752
Merit: 1864
January 28, 2025, 01:05:12 PM
#18
I don't know if you've heard by now, but today's dip is mainly because DeepSeek, a Chinese artificial intelligence company has developed an open-source artificial intelligence model that some say works better than ChatGPT and other US AIs, and more importantly, does it for a fraction of the cost. This comes shortly after the US announced a $500B investment in AI.

The tech bubble has been behind the success of Nvidia, the world's most profitable company until MicroStrategy came into play. These companies, many of which have AI projects, have caused a huge demand for hardware that with the success of DeepSeek is now in doubt as to whether it will continue to be needed.

As a result, Nvidia is currently down 17% in today's session, and the Nasdaq is down 3.32%. As you may have noticed it has affected the markets in general and also bitcoin and cryptocurrencies which are also trading down today.

Here is an article on the subject: Why Is DeepSeek Sinking Nvidia Stock?

What do you think about it?


I have a very cautious attitude towards Chinese solutions “unparalleled in the world”. As practice has shown, it is almost always either an exaggeration or a purposeful manipulation. No, I do not completely exclude the possibility that the DeepSeek model is not bad, but....
1. There are NO confirmed and proven indicators of its efficiency and low consumption of computational resources
2. The system works with data only up to October 2023, but it has not been trained beyond that.
3. The system does not work with online data
4. In working with it (I personally tested it), I did not notice any pronounced advantages in speed, or for example from practice - in writing better code ChatGPT or the same Phind.
5. The timing of the publication of the “super news” is strangely coincidental with Trump's statements about large investments in AI in the US.

In short, we are still watching how the system will develop and what will be known about it, as well as what is actually “under the hood”.
legendary
Activity: 2002
Merit: 2534
The Alliance Of Bitcointalk Translators - ENG>SPA
January 28, 2025, 12:52:56 PM
#17
nVidia was overbought, as mindrust said, but it could've remained that way still for a long time if nobody changed the game.

I haven't tried DeepSeek but I read this morning and now again in this thread that it is open source, isn't it? So it is not that bad, after all? I sometimes feel the same worries as LoyceV, not because of the technology itself, but because of the nature of the humans who govern (or not) it.
legendary
Activity: 3080
Merit: 1500
January 28, 2025, 11:46:14 AM
#16
It's too early to say if Deepseek is able to break the dominance of US in the tech market or not. I have started using this chatbot since last 1 day after the news broke out and I find it amazing. This chatbot is not only giving you the answers but also showing the logic it is using being it's answer. It is really a game changer to be honest. But it not something super exclusive that other AI companies won't be able to implement.

So let's not speculate if Deepseek is able to burst a very deep foundation of tech companies in US. It can be shaken a bit. Also NVIDIA shared went upto an unreasonable level. It's good to see the correction.
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
January 28, 2025, 09:16:53 AM
#15
I've read about this (a couple of years ago): some block-box AI that created better diagnoses on specific conditions than the doctors, and they didn't know why.

to solve complex math problems.
Wolfram Alpha has been doing that for decades.
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