• Blackmist@feddit.uk
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    2 months ago

    Good. That shit is way overvalued.

    There is no way that Nvidia are worth 3 times as much as TSMC, the company that makes all their shit and more besides.

    I’m sure some of my market tracker funds will lose value, and they should, because they should never have been worth this much to start with.

    • CleoTheWizard@lemmy.world
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      2 months ago

      It’s because Nvidia is an American company and also because they make final stage products. American companies right now are all overinflated and almost none of the stocks are worth what they’re at because of foreign trading influence.

      As much as people whine about inflation here, the US didn’t get hit as bad as many other countries and we recovered quickly which means that there is a lot of incentive for other countries to invest here. They pick our top movers, they invest in those. What you’re seeing is people bandwagoning onto certain stocks because the consistent gains create more consistent gains for them.

      The other part is that yes, companies who make products at the end stage tend to be worth a lot more than people trading more fundamental resources or parts. This is true of almost every industry except oil.

      • bobalot@lemmy.world
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        2 months ago

        It is also because the USA is the reserve currency of the world with open capital markets.

        Savers of the world (including countries like Germany and China who have excess savings due to constrained consumer demand) dump their savings into US assets such as stocks.

        This leads to asset bubbles and an uncompetitively high US dollar.

        • Freefall@lemmy.world
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          2 months ago

          The current administration is working real hard on removing trust and value of anything American.

          • bobalot@lemmy.world
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            2 months ago

            The root problem they are trying to fix is real (systemic trade imbalances) but they way they are trying to fix it is terrible and won’t work.

            1. Only a universally applied tariff would work in theory but would require other countries not to retaliate (there will 100% be retaliation).

            2. It doesn’t really solve the root cause, capital inflows into the USA rather than purchasing US goods and services.

            3. Trump wants to maintain being the reserve currency which is a big part of the problem (the strength of currency may not align with domestic conditions, i.e. high when it needs to be low).

      • CheeseNoodle@lemmy.world
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        2 months ago

        The US is also a regulations haven compared to other developed economies, corporations get away with shit in most places but America is on a whole other level of regulatory capture.

  • Mac@mander.xyz
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    2 months ago

    What the fuck are markets when you can automate making money on them???

    Ive been WTF about the stock market for a long time but now it’s obviously a scam.

    • thistleboy@lemmy.world
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      2 months ago

      The stock market is nothing more than a barometer for the relative peace of mind of rich people.

  • Teknikal@eviltoast.org
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    2 months ago

    Was watching bbc news interview some American guy about this and wow they were really pushing that it’s no big deal and deepseek is way behind and a bit of a joke. Made claims they weren’t under cyber attack they just couldn’t handle having traffic etc.

    Kinda making me root for China honestly.

    • atempuser23@lemmy.world
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      2 months ago

      He’s likely not wrong. Too soon to know how well it lives up to the hype. As well It could be like we had a 6 million $$ budget. Just don’t pay any attention to the free data center use that pre-computed the data. As well startups make reckless optimistic promises that can be delivered on all the time.

  • endofline@lemmy.ca
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    2 months ago

    Try asking DeepSeek something about Xi Jinping. "Sorry, it’s beyond my current scope’ :-) Wondering why even it cannot cite his official party biography :-)

    • comfy@lemmy.ml
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      2 months ago

      For what it’s worth, I wouldn’t ask any chatbot about politics at all.

      • jaschen@lemm.ee
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        2 months ago

        Except they control not only the narrative on politics but all aspects of life. Those inconvenient “hallucinations” will turn into “convenient” psyops for anyone using it.

      • RealM__@lemmy.world
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        2 months ago

        You wouldn’t, because you are (presumably) knowledgeable about the current AI trend and somewhat aware of political biases of the creators of these products.

        Many others would, because they think “wow, so this is a computer that talks to me like a human, it knows everything and can respond super fast to any question!”

        The issue to me is (and has been for the past), the framing of what “artifical intelligence” is and how humans are going to use it. I’d like more people to be critical of where they get their information from and what kind of biases it might have.

        • comfy@lemmy.ml
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          2 months ago

          You wouldn’t, because you are (presumably) knowledgeable about the current AI trend and somewhat aware of political biases of the creators of these products.

          Well, more because I’m knowledgeable enough about machine learning to know it’s only as good as its dataset, and knowledgeable enough about mass media and the internet to know how atrocious ‘common sense’ often is. But yes, you’re right about me speaking from a level of familiarity which I shouldn’t consider typical.

          People have been strangely trusting of chat bots since ELIZA in the 1960s. My country is lucky enough to teach a small amount of bias and media literacy skills through education and some of the state broadcaster’s programs (it’s not how it sounds, I swear!), and when I look over to places like large chunks of the US, I’m reminded that basic media literacy isn’t even very common, let alone universal.

    • SoftestSapphic@lemmy.world
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      2 months ago

      It’s easy to mod the software to get rid of those censors

      Part of why the US is so afraid is because anyone can download it and start modding it easily, and because the rich make less money

        • nomy@lemmy.zip
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          2 months ago

          Fork your own off the existing open source project, then your app uses your fork running on your hardware.

      • jaschen@lemm.ee
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        2 months ago

        Yes and no. Not many people can afford the hardware required to run the biggest LLMs. So the majority of people will just use the psyops vanilla version that China wants you to use. All while collecting more data and influencing the public like what TikTok is doing.

        Also another thing with Open source. It’s just as easy to be closed as it is open with zero warnings. They own the license. They control the narrative.

          • jaschen@lemm.ee
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            2 months ago

            When there is free software, the user is the product. It’s just a psyops tool disguised as a FOSS.

            • SoftestSapphic@lemmy.world
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              2 months ago

              How are you the product if you can download, mod, and control every part of it?

              Ever heard of WinRAR?

              Audacity? VLC media player? Libre office? Gimp? Fruitloops? Deluge?

              Literally any free open source standalone software ever made?

              Just admit that you aren’t capable of approaching this subject unbiasly.

              • jaschen@lemm.ee
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                2 months ago

                You just named Western FOSS companies and completely ignored the “psyops” part. This is a Chinese psyops tool disguised as a FOSS.

                99.9999999999999999999% can’t afford or have the ability to download and mod their own 67B model. The vast majority of the people who will use it will be using Deepseek vanilla servers. They can collect a mass amount of data and also control the narrative on what is truth or not. Think TikTok but on a work computer.

    • geneva_convenience@lemmy.ml
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      2 months ago

      Try asking ChatGPT if Israel is committing genocide and watch it do the magical Hasbara dance around the subject.

      • jaschen@lemm.ee
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        2 months ago

        I did. The answer it gave is clear and concise with no judgement. Instead it talks about the argument on both sides. Not the “magical Hasbara dance” you promised me.

        Try asking Deepseek about Taiwan independence and watch how it completely ignores all (/think) and gives a false answer.


        The question of whether Israel is currently committing genocide is a subject of intense debate among international organizations, scholars, and political entities.

        Accusations of Genocide:

        Amnesty International’s Report: On December 5, 2024, Amnesty International released a report concluding that Israel is committing genocide against Palestinians in the Gaza Strip. The report cites actions such as killings, causing serious bodily or mental harm, and deliberately inflicting conditions calculated to bring about the physical destruction of Palestinians in Gaza.

        UN Special Committee Findings: In November 2024, a UN Special Committee found that Israel’s methods of warfare in Gaza are consistent with characteristics of genocide, noting mass civilian casualties and widespread destruction.

        Scholarly Perspectives: Israeli historian Amos Goldberg has stated that the situation in Gaza constitutes a genocide, pointing to the extensive destruction and high civilian death toll as indicative of genocidal intent.

        Counterarguments:

        Israeli Government’s Position: The Israeli government asserts that its military actions in Gaza are aimed at dismantling Hamas, a group designated as a terrorist organization by multiple countries, and emphasizes efforts to minimize civilian casualties.

        Criticism of Genocide Accusations: Organizations such as the American Jewish Committee (AJC) reject the genocide label, arguing that Israel’s actions are self-defense measures against Hamas and do not meet the legal definition of genocide.

        Legal Definition of Genocide:

        According to the UN’s 1948 Convention on Genocide, genocide includes acts committed with intent to destroy, in whole or in part, a national, ethnical, racial, or religious group. These acts encompass killing members of the group, causing serious bodily or mental harm, and deliberately inflicting conditions calculated to bring about the group’s physical destruction.

        Conclusion:

        The determination of whether Israel’s actions constitute genocide involves complex legal and factual analyses. While some international bodies and scholars argue that the criteria for genocide are met, others contend that Israel’s military operations are legitimate acts of self-defense. This remains a deeply contentious issue within the international community.

        • Anahkiasen@lemmy.blahaj.zone
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          2 months ago

          I mean that’s the kind of answer DeepSeek gives you if you ask it about Uyghurs. “Some say it’s a genocide but they don’t so guess we’ll never know ¯_(ツ)_/¯”, it acts as if there’s a complete 50/50 split on the issue which is not the case.

          • Foofighter@discuss.tchncs.de
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            2 months ago

            So you expect that an AI provides a morally framed view on current events that meet your morally framed point of view?

            The answer provides a concise overview on the topic. It contains a legal definition and different positions on that matter. It does at not point imply. It’s not the job of AI (or news) to form an opinion, but to provide facts to allow consumers to form their own opinion. The issues isn’t AI in this case. It’s the inability of consumers to form opinions and their expec that others can provide a right or wrong opinion they can assimilation.

            • Anahkiasen@lemmy.blahaj.zone
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              2 months ago

              I agree and that’s sad but that’s also how I’ve seen people use AI, as a search engine, as Wikipedia, as a news anchor. And in any of these three situations I feel these kind of “both sides” strictly surface facts answers do more harm than good. Maybe ChatGPT is more subtle but it breaks my heart seeing people running to DeepSeek when the vision of the world it explains to you is so obviously excised from so many realities. Some people need some morals and actual “human” answers hammered into them because they lack the empathy to do so themselves unfortunately.

        • geneva_convenience@lemmy.ml
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          2 months ago

          This is very interesting. You are getting a completely different response than I got. It lied to me that human rights organizations had not accused Israel of committing genocide. In the initial question it did not even mention human rights orgs, I had to ask deeper to receive this:

        • emmy67@lemmy.world
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          2 months ago

          Looks like the Hasbara dance to me. Anything to not give a clear or concise answer

          • jaschen@lemm.ee
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            2 months ago

            You’re expecting an opinion. It’s an AI chatbot. Not a moral compass. It lays out facts and you make the determination.

                • emmy67@lemmy.world
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                  2 months ago

                  If you’re of the idea that it’s not a genocide you’re wrong. There is no alternate explanation. If it were giving a fact that would be correct. The fact that it’s giving both sides is an opinion rather than a fact.

                  If their ibtebtion was fact only. The answer would have been yes

  • wookiepedia@lemmy.world
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    2 months ago

    This has nothing to do with DeepSeek. The world has run out of flashy leather jackets for Jensen to wear, so nvidia is toast.

    • givesomefucks@lemmy.world
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      2 months ago

      It’s coming, Pelosi sold her shares like a month ago.

      It’s going to crash, if not for the reasons she sold for, as more and more people hear she sold, they’re going to sell because they’ll assume she has insider knowledge due to her office.

      Which is why politicians (and spouses) shouldn’t be able to directly invest into individual companies.

      Even if they aren’t doing anything wrong, people will follow them and do what they do. Only a truly ignorant person would believe it doesn’t have an effect on other people.

      • ShinkanTrain@lemmy.ml
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        2 months ago

        It’s coming, Pelosi sold her shares like a month ago.

        Yeah but only cause she was really disappointed with the 5000 series lineup. Can you blame her for wanting real rasterization improvements?

        • givesomefucks@lemmy.world
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          2 months ago

          Everyone’s disappointed with the 5000 series…

          They’re giving up on improving rasterazation and focusing on “ai cores” because they’re using gpus to pay for the research into AI.

          “Real” core count is going down on the 5000 series.

          It’s not what gamers want, but they’re counting on people just buying the newest before asking if newer is really better. It’s why they’re already cutting 4000 series production, they just won’t give people the option.

          I think everything under 4070 super is already discontinued

    • SuiXi3D@fedia.io
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      2 months ago

      I just hope it means I can get a high end GPU for less than a grand one day.

      • NuXCOM_90Percent@lemmy.zip
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        2 months ago

        Prices rarely, if ever, go down and there is a push across the board to offload things “to the cloud” for a range of reasons.

        That said: If your focus is on gaming, AMD is REAL good these days and, if you can get past their completely nonsensical naming scheme, you can often get a really good GPU using “last year’s” technology for 500-800 USD (discounted to 400-600 or so).

    • FooBarrington@lemmy.world
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      2 months ago

      If anything, this will accelerate the AI hype, as big leaps forward have been made without increased resource usage.

      • Alphane Moon@lemmy.world
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        2 months ago

        Something is got to give. You can’t spend several $200 billion annually on capex and get a mere $2-3 billion return on this investment.

        I understand that they are searching for a radical breakthrough “that will change everything”, but there is also reasons to be sceptical about this (e.g. documents revealing that Microsoft and OpenAI defined AGI as something that can get them $100 billion in annual revenue as opposed to some specific capabilities).

      • bobalot@lemmy.world
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        2 months ago

        Does it still need people spending huge amounts of time to train models?

        After doing neural networks, fuzzy logic, etc. in university, I really question the whole usability of what is called “AI” outside niche use cases.

      • golli@lemm.ee
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        2 months ago

        It’s a reaction to thinking China has better AI

        I don’t think this is the primary reason behind Nvidia’s drop. Because as long as they got a massive technological lead it doesn’t matter as much to them who has the best model, as long as these companies use their GPUs to train them.

        The real change is that the compute resources (which is Nvidia’s product) needed to create a great model suddenly fell of a cliff. Whereas until now the name of the game was that more is better and scale is everything.

        China vs the West (or upstart vs big players) matters to those who are investing in creating those models. So for example Meta, who presumably spends a ton of money on high paying engineers and data centers, and somehow got upstaged by someone else with a fraction of their resources.

          • golli@lemm.ee
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            2 months ago

            Looking at the market cap of Nvidia vs their competitors the market belives it is, considering they just lost more than AMD/Intel and the likes are worth combined and still are valued at $2.9 billion.

            And with technology i mean both the performance of their hardware and the software stack they’ve created, which is a big part of their dominance.

            • mapumbaa@lemmy.zip
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              2 months ago

              Yeah. I don’t believe market value is a great indicator in this case. In general, I would say that capital markets are rational at a macro level, but not micro. This is all speculation/gambling.

              My guess is that AMD and Intel are at most 1 year behind Nvidia when it comes to tech stack. “China”, maybe 2 years, probably less.

              However, if you can make chips with 80% performance at 10% price, its a win. People can continue to tell themselves that big tech always will buy the latest and greatest whatever the cost. It does not make it true. I mean, it hasn’t been true for a really long time. Google, Meta and Amazon already make their own chips. That’s probably true for DeepSeek as well.

              • golli@lemm.ee
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                2 months ago

                Yeah. I don’t believe market value is a great indicator in this case. In general, I would say that capital markets are rational at a macro level, but not micro. This is all speculation/gambling.

                I have to concede that point to some degree, since i guess i hold similar views with Tesla’s value vs the rest of the automotive Industry. But i still think that the basic hirarchy holds true with nvidia being significantly ahead of the pack.

                My guess is that AMD and Intel are at most 1 year behind Nvidia when it comes to tech stack. “China”, maybe 2 years, probably less.

                Imo you are too optimistic with those estimations, particularly with Intel and China, although i am not an expert in the field.

                As i see it AMD seems to have a quite decent product with their instinct cards in the server market on the hardware side, but they wish they’d have something even close to CUDA and its mindshare. Which would take years to replicate. Intel wish they were only a year behind Nvidia. And i’d like to comment on China, but tbh i have little to no knowledge of their state in GPU development. If they are “2 years, probably less” behind as you say, then they should have something like the rtx 4090, which was released end of 2022. But do they have something that even rivals the 2000 or 3000 series cards?

                However, if you can make chips with 80% performance at 10% price, its a win. People can continue to tell themselves that big tech always will buy the latest and greatest whatever the cost. It does not make it true.

                But the issue is they all make their chips at the same manufacturer, TSMC, even Intel in the case of their GPUs. So they can’t really differentiate much on manufacturing costs and are also competing on the same limited supply. So no one can offer 80% of performance at 10% price, or even close to it. Additionally everything around the GPU (datacenters, rack space, power useage during operation etc.) also costs, so it is only part of the overall package cost and you also want to optimize for your limited space. As i understand it datacenter building and power delivery for them is actually another limiting factor right now for the hyperscalers.

                Google, Meta and Amazon already make their own chips. That’s probably true for DeepSeek as well.

                Google yes with their TPUs, but the others all use Nvidia or AMD chips to train. Amazon has their Graviton CPUs, which are quite competitive, but i don’t think they have anything on the GPU side. DeepSeek is way to small and new for custom chips, they evolved out of a hedge fund and just use nvidia GPUs as more or less everyone else.

                • mapumbaa@lemmy.zip
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                  2 months ago

                  Thanks for high effort reply.

                  The Chinese companies probably use SIMC over TSMC from now on. They were able to do low volume 7 nm last year. Also, Nvidia and “China” are not on the same spot on the tech s-curve. It will be much cheaper for China (and Intel/AMD) to catch up, than it will be for Nvidia to maintain the lead. Technological leaps and reverse engineering vs dimishing returns.

                  Also, expect that the Chinese government throws insane amounts of capital at this sector right now. So unless Stargate becomes a thing (though I believe the Chinese invest much much more), there will not be fair competition (as if that has ever been a thing anywhere anytime). China also have many more tools, like optional command economy. The US has nothing but printing money and manipulating oligarchs on a broken market.

                  I’m not sure about 80/10 exactly of course, but it is in that order of magnitude, if you’re willing to not run newest fancy stuff. I believe the MI300X goes for approx 1/2 of the H100 nowadays and is MUCH better on paper. We don’t know the real performance because of NDA (I believe). It used to be 1/4. If you look at VRAM per $, the ratio is about 1/10 for the 1/4 case. Of course, the price gap will shrink at the same rate as ROCm matures and customers feel its safe to use AMD hardware for training.

                  So, my bet is max 2 years for “China”. At least when it comes to high-end performance per dollar. Max 1 year for AMD and Intel (if Intel survive).

      • theunknownmuncher@lemmy.world
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        2 months ago

        China really has nothing to do with it, it could have been anyone. It’s a reaction to realizing that GPT4-equivalent AI models are dramatically cheaper to train than previously thought.

        It being China is a noteable detail because it really drives the nail in the coffin for NVIDIA, since China has been fenced off from having access to NVIDIA’s most expensive AI GPUs that were thought to be required to pull this off.

        It also makes the USA gov look extremely foolish to have made major foreign policy and relationship sacrifices in order to try to delay China by a few years, when it’s January and China has already caught up, those sacrifices did not pay off, in fact they backfired and have benefited China and will allow them to accelerate while hurting OUR tech/AI companies

      • tburkhol@lemmy.world
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        2 months ago

        Exactly. Galaxy brains on Wall Street realizing that nvidia’s monopoly pricing power is coming to an end. This was inevitable - China has 4x as many workers as the US, trained in the best labs and best universities in the world, interns at the best companies, then, because of racism, sent back to China. Blocking sales of nvidia chips to China drives them to develop their own hardware, rather than getting them hooked on Western hardware. China’s AI may not be as efficient or as good as the West right now, but it will be cheaper, and it will get better.

        • CheeseNoodle@lemmy.world
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          2 months ago

          I wouldn’t be surprised if China spent more on AI development than the west did, sure here we spent tens of billions while China only invested a few million but that few million was actually spent on the development while out of the tens of billions all but 5$ was spent on bonuses and yachts.

      • GreatAlbatross@feddit.uk
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        2 months ago

        Or from the sounds of it, doing things more efficiently.
        Fewer cycles required, less hardware required.

        Maybe this was an inevitability, if you cut off access to the fast hardware, you create a natural advantage for more efficient systems.

        • sugar_in_your_tea@sh.itjust.works
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          2 months ago

          That’s generally how tech goes though. You throw hardware at the problem until it works, and then you optimize it to run on laptops and eventually phones. Usually hardware improvements and software optimizations meet somewhere in the middle.

          Look at photo and video editing, you used to need a workstation for that, and now you can get most of it on your phone. Surely AI is destined to follow the same path, with local models getting more and more robust until eventually the beefy cloud services are no longer required.

          • jmcs@discuss.tchncs.de
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            2 months ago

            The problem for American tech companies is that they didn’t even try to move to stage 2.

            OpenAI is hemorrhaging money even on their most expensive subscription and their entire business plan was to hemorrhage money even faster to the point they would use entire power stations to power their data centers. Their plan makes about as much sense as digging your self out of a hole by trying to dig to the other side of the globe.

            • sugar_in_your_tea@sh.itjust.works
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              2 months ago

              Hey, my friends and I would’ve made it to China if recess was a bit longer.

              Seriously though, the goal for something like OpenAI shouldn’t be to sell products to end customers, but to license models to companies that sell “solutions.” I see these direct to consumer devices similarly to how GPU manufacturers see reference cards or how Valve sees the Steam Deck: they’re a proof of concept for others to follow.

              OpenAI should be looking to be more like ARM and less like Apple. If they do that, they might just grow into their valuation.

      • nieceandtows@lemmy.world
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        2 months ago

        From what I understand, it’s more that it takes a lot less money to train your own llms with the same powers with this one than to pay license to one of the expensive ones. Somebody correct me if I’m wrong

  • seven_phone@lemmy.world
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    2 months ago

    About the time DeepSeek went live on Play Store I thought about putting my Gameboy advance SP on Bonanza so there might be something to this.

  • gerryflap@feddit.nl
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    2 months ago

    I’m so happy this happened. This is really a power move from China. The US was really riding the whole AI bubble. By “just” releasing a powerful open-source AI model they’ve fucked the not so open US AI companies. I’m not sure if this was planned from China or whether this is was really just a small company doing this because they wanted to, but either way this really damages the western economy. And its given western consumers a free alternative. A few million dollars invested (if we are to believe the cost figures) for a major disruption.

    • surph_ninja@lemmy.world
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      2 months ago

      Socialism/Communism will always outcompete the capitalists. And they know it, which is why the US invades, topples, or sanctions every country that moves towards worker controlled countries.

      • gerryflap@feddit.nl
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        2 months ago

        I disagree. Under the right conditions (read: actual competition instead of unregulated monopolies) I think a capitalist system be able to stay ahead, though I think both systems could compete depending on how they’re organized.

        But what I’m more interested in is you view that China is still Socialist/Communist. Isn’t DeepSeek a private company trying to maximize profits for itself by innovating, instead of a public company funded by the people? I don’t really know myself, but my perspective was that this was more of a capitalist vs capitalist situation. With one side (the US) kinda suffering from being so unregulated that innovation dies down.

        • surph_ninja@lemmy.world
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          2 months ago

          That you had to qualify it with a date after it had been corrupted by the west, implies that you’re well aware of how well communism served for half a century before that.

          They went from a nation of dirt poor peasants, to a nuclear superpower driving the space race in just a couple of decades. All thanks to communism. And also why China is leaving us in the dust.

          • houstoneulers@lemmy.world
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            2 months ago

            There are many instances of communism failing lmao

            There are also many current communist states that have less freedom than many capitalist states

            Also, you need to ask the Uyghurs how they’re feeling about their experience under the communist government you’re speaking so highly of at the moment.

            • BrainInABox@lemmy.ml
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              2 months ago

              you need to ask the Uyghurs how they’re feeling about their experience under the communist government

              Everytime people ask regular Uyghurs, they’re usually happy enough with it. I’m guessing you mean ask Adrian Zenz and the Victims of Communism Memorial Foundation to tell the Uyghurs what they think.

            • surph_ninja@lemmy.world
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              2 months ago

              How many of those instances failed due to external factors, such as illegal sanctions or a western coup or western military aggression?

              Which communist states would you say have less freedom than your country? Let’s compare.

              The Uyghur genocide was debunked. Even the US state department was forced to admit they didn’t have the evidence to support their claims. In reality, western intelligence agencies were trying to radicalize the Uyghurs to destabilize the region, but China has been rehabilitating them. The intel community doesn’t like their terrorist fronts to be shut down.

              • houstoneulers@lemmy.world
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                2 months ago

                LMAO found the pro-Xi propagandist account

                Either you’re brainwashed, are only reading one-sided articles, or you’re an adolescent with little world experience given how confidently you speak in absolutes, which doesn’t reflect how nuanced the global stage is.

                I’m not saying capitalism is the best, but communism won’t ALWAYS beat out capitalism (as it hasn’t regardless of external factors b/c if those regimes were strong enough they would be able to handle or recover from external pressures) nor does it REQUIRE negatively affecting others as your other comment says. You’re just delulu.

                Remember, while there maybe instances where all versions of a certain class of anything are equal, in most cases they are not. So blanketly categorizing as your have done just reflects your lack of historical perspective.

                • surph_ninja@lemmy.world
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                  2 months ago

                  You should really drop the overconfidence, and re-evaluate your biases and perspectives. Regurgitating western propaganda almost verbatim is not a good sign that you’re on the right path.

            • surph_ninja@lemmy.world
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              2 months ago

              Any corrupt leaders are capable of committing genocide. The difference is capitalism requires genocide to continue functioning.

              • comfy@lemmy.ml
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                2 months ago

                No it doesn’t. It requires imperialism. The genocides are simply efficient for the imperial machine creating settlements, but it’s not a requirement. They’re evidently avoidable and capitalists just repeatedly decide not to avoid it because they consider it cheaper to commit genocide rather than integrate more passively.

        • surph_ninja@lemmy.world
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          2 months ago

          It sounds like you don’t know what “capitalism” means. Market participation exists in other economy types, too. It’s how the means of production are controlled and the profits distributed that defines capitalism vs communism.

          And you don’t lift 800 million people out of poverty under capitalism. Or they’ve done a ridiculously bad job of concentrating profits into the hands of a very small few.

          • Bohurt@lemm.ee
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            2 months ago

            The issue with your original comment is that it’s simplified on many levels beyond what is acceptable. China has companies working on delivering highest financial output regardless of other citizens and their rights to have fair share in produced goods. They are by no means controlled by workers (why would they accept e. g. 996?) nor creating fair rules to others economically (e.g. Taobao and their alghorims pushing many sellers to sell bellow profitable levels just to maintain visibility on their site). Put it also into wider perspective: China started to move forward in quality of life only after Deng. US system is by no means bad but it doesn’t make Chinese one perfect.

            • surph_ninja@lemmy.world
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              2 months ago

              I don’t think you understand how China’s economy works. Seems very clouded by anti-China propaganda.

              In reality, the working class exercises a great deal of control over the means of production in China, and the 996 culture you’re referring to is in fact illegal.

              https://www.bbc.com/news/world-asia-china-58381538.amp

              Again, capitalism vs communism is not defined by the existence of production/profits/markets, but how control and benefit of those systems is distributed.

        • surph_ninja@lemmy.world
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          2 months ago

          Absolutely. More direct democracy. The whole point of representative democracy is issues of time and distance. Now that we can communicate fast and across the globe, average citizens should play a much larger & more active role in directing the government.

          • MutilationWave@lemmy.world
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            2 months ago

            How do you solve the problem that half the country can’t even be bothered to participate once every four years?

            Don’t get me wrong, I’m with you 100%, but how would we get people to engage with such a system?

            • lonerangers1@lemmy.world
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              2 months ago

              Imagine you had a lemmy instance that every post was a proposal for regulation in your community/region. Anyone can make a post, some will gain traction and support, some will be worthless and fall off quickly. If the proposal gains enough support it then goes to a vote post where people get to make an official vote. Could be to charge $40 for a speeding ticket instead of $50, could be a trade agreement with another region.

              I think this method would give people equity in the system. Maybe it could also be scored on a curve depending on how much it effects you as an individual. Maybe having advanced education on a topic means your say has more weight to it than someone without.

              I was thinking of ways to move towards this and so far my best idea is to build it and run it in parrelel with what we have now. Get it functioning and trusted and simply try to roll over what we have now. I figure something tragic would need to happen to create a power void for full implementation. Like yellowstone erupting or something. I was also thinking that we need to teach the kids. We need to give them tools to build on so they can take this kind of idea to fruition.

              I am just a regular idiot, so feel free to add anything constructive.

              • MutilationWave@lemmy.world
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                2 months ago

                It’s a great idea. I think half the people just don’t give a fuck at all.

                Among people who say they care- look how rapidly disinformation is spread about anything and everything. Billionaires would be gaming the system from the get-go. I’m just pessimistic. I really do love the idea and I hope we get there some day.

                Based on how Trump 2.0 is going though we might just get that tragedy.

                • lonerangers1@lemmy.world
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                  2 months ago

                  I don’t think this idea I have involves any billionaires with power. It would be pointless. With everything decentralized there would be no mega corps at all. They wouldn’t have politicians to bribe. They would have to make the majority of people happy with them to be allowed. I also consider that in a world designed for quality of life instead of profit we wouldn’t need to have 9-5 jobs to survive. Our production has been growing rapidly for a long time and all of the proceeds have been getting held by ~1000 people who have centralized profits to themselves. With decentralized communism the economy would be like one big co-op. No company owners, the community would have say in how products are sourced and distributed. How people who invest more in the system are rewarded by the system. Couple things to help understand where my head is at. I think we can decentralize and open source services like amazon, home depot, walmart,… We don’t need oligarchy to come together and use economy of scale. We could have a sales platform free for everyone that could source directly from manufacturers. No mark up, not even in the manufacturing. No profit model at all. This factors in that labor needs are going to plummet. Take media, I predict all media will be AI generated and personalized. You could have a never ending show. One that knows how to keep you entertained. You could even be a character in it where your screen is just the view, so now we are in VR, like a gta map. Now the big change, This will all happen in our heads. check this shit out https://synchron.com/ . We are about to have hivemind irl. I only want to discuss posative implications. I am super fucked up over thinking about what capitalism is going to do with direct access to our subconsciousness.

            • comfy@lemmy.ml
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              2 months ago

              How do you solve the problem that half the country can’t even be bothered to participate once every four years?

              I assume you’re talking about the US electoral system?? That’s very different.

              but how would we get people to engage with such a system?

              By empowering them.

              Consider how the current electoral system disempowers people:

              1. Some people literally cannot vote or risk jeopardizing their job taking the day off, others face voter suppression tactics

              2. The FPTP system (esp. spoiler effect) and the present political circumstances mean that there are really only two viable options for political parties for most people, so many feel that neither option represents them, let alone their individual positions on policy

              3. Politics is widely considered to be corrupt and break electoral promises regularly. There is little faith in either party to represent voters

              But, in a system where you are able to represent yourself at will, engagement is actually rewarding and meaningful. It won’t magically make everyone care, but direct democracy alongside voter rights reform would likely make more people think it’s worth polling.

              • MutilationWave@lemmy.world
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                2 months ago

                I hope you’re right. I would love to see it. I actually support mandatory voting like in Australia. With mostly current laws everyone could get a mail in ballot. If you don’t want to participate just check that box at the top, sign it, and send it in.

                Your system sounds much better but would require a lot more legislation.

                • comfy@lemmy.ml
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                  2 months ago

                  Well, it would require more than just legislation change. Truth be told, in the US, a working democracy requires some form of revolution since the people holding all the power benefit from the broken system. But on the other hand, organizations and communities (including territories of hundreds of thousands) practicing direct democracy on a smaller scale have seen success with these strategies.