27monster27 15,844 Posted January 27, 2025 Share Posted January 27, 2025 https://www.forbes.com/sites/dereksaul/2025/01/27/deepseek-panic-live-updates-nasdaq-suffers-worst-day-of-2025-as-ultra-rich-nvidia-lose-billions/ The US Stock Market is plummeting due to a Chinese AI known as DeepSeek. The AI is not as hard monetarily on economies as others, causing tech billionaires to lose out big. DeepSeek is rivaling major AIs such as ChatGPT at a fraction of the price. NVIDIA in particular lost over $500 billion dollars over this situation. Other major tech companies like Tesla and Microsoft have experienced smaller but still notable losses. Some people have speculated that low confidence in Donald Trumps economic plans have caused concern among investors, which may have contributed to the decline. ---- Excuse my accelerationism, but this is a huge shock that tech-bro and MAGA culture need. Donald Trump has been ignoring China, a country that has tested two alleged sixth generation jets, a drone carrier, and has now released a massive and inexpensive AI that is directly threatening US AI in a major way. Donald Trump will NOT save the US from China, and this is a shock that his cult and any other voters need. This includes tech-bro supporters as well. he/him/his Link to post Share on other sites More sharing options...
LateToCult 41,827 Posted January 27, 2025 Share Posted January 27, 2025 Chat, should I buy NVIDIA stock rn? Link to post Share on other sites More sharing options...
imnotyourbabe10 6,120 Posted January 27, 2025 Share Posted January 27, 2025 I am an accelerationist as well. Collapse aware, too. I want it to burn down but am very sad for how it will hurt us all. I don't see a sustainable end to 45's second go around. My spidey senses aren't feeling good about it. In my line of work (mental health), like, 65-70% of clients are panicked about what he's doing. This is not good. And it has only been one week. Late stage capitalism is going to destroy us if we don't grow our collective consciousness/collective power - and fast. It's a class war, not a culture one. Link to post Share on other sites More sharing options...
Ladle Ghoulash 52,442 Posted January 27, 2025 Share Posted January 27, 2025 Accelerationism is profoundly cringe ngl We have forgotten our public MANNERS Link to post Share on other sites More sharing options...
SevenWonder 4,743 Posted January 27, 2025 Share Posted January 27, 2025 1 minute ago, LateToCult said: Chat, should I buy NVIDIA stock rn? Yes. Link to post Share on other sites More sharing options...
Lucas 31,085 Posted January 27, 2025 Share Posted January 27, 2025 Didn't a lot of the nazis that Trump picked for his cabinet invest in Nvidia recently? Oh sweet news! Link to post Share on other sites More sharing options...
Creyk 18,619 Posted January 27, 2025 Share Posted January 27, 2025 55 minutes ago, imnotyourbabe10 said: It's a class war, not a culture one. People just refuse to recognize this. Link to post Share on other sites More sharing options...
StarstruckIllusion 53,562 Posted January 27, 2025 Share Posted January 27, 2025 1 hour ago, LateToCult said: Chat, should I buy NVIDIA stock rn? Tbh idk why Nvidia is tanking rn… that Chinese AI was still made on their tech ☠️ Link to post Share on other sites More sharing options...
culturalbaptism 2,969 Posted January 27, 2025 Share Posted January 27, 2025 America deserves this. China is the future because they are not bound to deliver bigger shares each quarter. This model is outdated and the Earth can't take it anymore. Judas is coming, let the cultural baptism begin. Link to post Share on other sites More sharing options...
phantasmas 12,363 Posted January 27, 2025 Share Posted January 27, 2025 Snickering and kicking my feet rn Link to post Share on other sites More sharing options...
PartySick 172,380 Posted January 27, 2025 Share Posted January 27, 2025 1 hour ago, 27monster27 said: causing tech billionaires to lose out big (It is ironic to use a gif of a billionaire for this or) Whimsical bitch Link to post Share on other sites More sharing options...
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