According to Reuters, “Chinese startup DeepSeek’s cheaper AI is sharpening investor scrutiny of the billions U.S. tech giants are pouring to develop the technology and analysts say it will dominate this week’s much-awaited results from industry bellwethers. DeepSeek has claimed it took just two months and cost under $6 million to build an AI model using Nvidia’s less-advanced H800 chips. An app powered by the V3 model became the top iPhone download in the U.S. on Monday.”
Watching the stock market react to certain events is amusing, especially when the market is in full-on schizophrenia mode. It’s almost laughable at this point that such “brilliant” “experts” on Wall Street are so easily duped by China. The selloff in the stock market is because investors are spooked by the nascent popularity of DeepSeek in the Apple Store, its alleged “$6 million” cost, and its creation in just “two months,” if this Chinese startup is to be believed because, of course, China never lies or makes ridiculous claims. Have the morons on Wall Street forgotten this is China we’re talking about? Yeah, I guess if I stole someone else’s technology and intellectual property, I could copy an AI platform for a fraction of the expense and time. This is clearly what happened. Just like everything else China does, they steal Western technology, wrap it up in a bow, and present it to the rest of the world as something new and exciting. They’ve been doing this for years. And what’s more pathetic is the world lets them. Moreover, the West rewards China for stealing its technology, firm secrets, and, worse, state secrets by giving it more business. The average American moron, in particular, is most culpable. Look to TikTok as an example. People downloading this DeepSeek app are just asking to have all their information vacuumed up and reported back directly to the CCP. What a joke! Americans are willing to hand over their personal information and everything else about their lives to China without thinking twice because it is cheap! and unique! and exhilarating! And Wall Street has a freakout! God! F*** me! Only in trump stupid America!