Chinese ChatGPT outperforms American models, on cheaper and less powerful chips as well. Leading to speculations of overvalued tech stocks in the US on an already very high valued market
Only some tech companies took a L, this is not a real image (unfortunately). The reason being that a chinese company managed to surpass OpenAI’s best models with 6 million funding and limited access to hardware, proving that Nvidia’s hardware isn’t all that necessary, and OpenAI is throwing money out the window
Chinese open source AI releases, wipes the floor with US AI. Exposes AI as massively overvalued. Not surprising considering how big tech is just taking everything. Nvidia loses like half a trillion in value.
I’m happy to see a home run against the fascists that hurt them more than violence, at least to start. And I’m not a fan of AI (as hyped), but if it’s going to happen I’d rather it be with an open source performer as a base than the venture capitalists that abandoned us.
And really the US is no more trustworthy than China for those of us under the shadow of the big dick energy stuporpowers.
Loss in trust in the US economy under Trump along with the appearance of a new “Hail Mary” by investors who can look outside of the US’ national borders unlike Trump and his followers.
What am I looking at? What’s the reason behind this collapse?
Chinese ChatGPT outperforms American models, on cheaper and less powerful chips as well. Leading to speculations of overvalued tech stocks in the US on an already very high valued market
Only some tech companies took a L, this is not a real image (unfortunately). The reason being that a chinese company managed to surpass OpenAI’s best models with 6 million funding and limited access to hardware, proving that Nvidia’s hardware isn’t all that necessary, and OpenAI is throwing money out the window
https://finviz.com/map.ashx
It’s not a collapse (yet). This is the first of many market corrections as AI drops back into the realm of reality.
My horrible take only based on a few snippets:
Chinese open source AI releases, wipes the floor with US AI. Exposes AI as massively overvalued. Not surprising considering how big tech is just taking everything. Nvidia loses like half a trillion in value.
I’m happy to see a home run against the fascists that hurt them more than violence, at least to start. And I’m not a fan of AI (as hyped), but if it’s going to happen I’d rather it be with an open source performer as a base than the venture capitalists that abandoned us.
And really the US is no more trustworthy than China for those of us under the shadow of the big dick energy stuporpowers.
Home run against the fascists, in favor of the other fascists
Happy to see free market working as intended.
Wait til they find a way to blame Biden for this!
That open source performer is very much aligned with Winnie the poohs censorship, which should be worrying.
One fascism vs. the other fascism, and everyone loses.
Loss in trust in the US economy under Trump along with the appearance of a new “Hail Mary” by investors who can look outside of the US’ national borders unlike Trump and his followers.