Besides that, a lot of the value is derived from the market trying to figure out if/what company will develop AGI. Whatever company manages to achieve it will easily become the most valuable company in the world, so people fomo into any AI company that seems promising.
There is zero reason to think the current slop generating technoparrots will ever lead into AGI. That premise is entirely made up to fuel the current "AI" bubble
Not necessarily... if I gave you my "faster car" for you to run on your private 7 lane highway, you can definitely squeeze every last bit of the speed the car gives, but no more.
DeepSeek works as intended on 1% of the hardware the others allegedly "require" (allegedly, remember this is all a super hype bubble)... if you run it on super powerful machines, it will perform nicer but only to a certain extend... it will not suddenly develop more/better qualities just because the hardware it runs on is better
Fancy word foot work for "speculation"
we really are living in the beginnings of a fascist regime, and we are meekly accepting it.
Ding ding ding
Yes but that's not the point... If you can buy a house for $1000 nobody would buy a similar house for $500000
Eventually the field would even out and maybe demand would surpass current levels, but for the time being, Nvidia's offer seem to be a giant surplus and speculators will speculate
DeepSeek proved you didn't need anywhere near as much hardware to train or run an even better AI model
Imagine what would happen to oil prices if a manufacturer comes out with a full ice car that can run 1000 miles per gallon... Instead of the standard American 3 miles per 1.5 gallons hehehe
What could Putin have that could threaten Europe when he has been unable to make inroads in Ukraine for years?