DeepSeek just proved Lina Khan right

[independantiste@sh.itjust.works]

New soyjack unlocked?

[allero@lemmy.today]

Is that a thing?

Yes. It's not common for Americans to come to China, but many in other parts of the world do. Currently living in Russia, I personally know a few folks, primarily from IT sector, moving there for new opportunities.

[panarab@lemm.ee]

Protectionism [and Galapagosization] killed the Japanese smartphone industry.

[panarab@lemm.ee]

Is that a thing? I know China’s research sector is large and growing, but I never heard of it attracting foreigners.

They offer very competitive salaries, if I knew Chinese and was 10-15 years younger I would have considered it.

[alexwiwa@lemmy.ml]

I am feeling dangerously smug

[panarab@lemm.ee]

Even if the goal was to destabilize US companies

Good ol' yellow perilism

[neonachtwaechter@lemmy.world]

they will build a tech industry that keeps America globally dominant.

I don't buy it.

At least this Altmann guy has already made it clear that he personally wants to be the ruler of the world.

[mudman@fedia.io]

Man, the hysterical, unhinged US market just has no chill.

Someone came up with a better chatbot-- "OMG, superintelligence is here and is inevitable, all hail our robot overlords and their oligarch creators!"

Somebody outside the US had an idea to train a chatbot for cheaper-- "OMG, US tech is doomed, they have no recourse against this and all the hardware is now worthless!"

Maybe if the markets weren't constantly freaking the hell out about any semblance of technological innovation in search for the next Google or Apple they woldn't have to deflate like a balloon each time reality sets in.

[drmoose@lemmy.world]

Exactly, the AI scene is more competitive than any other tech section ever has been in the entire history of tech.

The "article" is kinda low-effort bait and shouldn't even be here.

[gradually_adjusting@lemmy.world]

The market's chronic convulsive disorder is, imo, an inefficient pricing problem. Price discovery doesn't really exist, most of the trading volume is "off-exchange" and market makers have severe unchecked moral hazards in how they do business.

The underlying value of publicly traded companies simply does not change as fast as this. Regardless of what you might say about the speed at which the market reacts to new information. In a world where the media openly and solely serves the interests of billionaires and a small outfit like Wall Street On Parade is routinely censored on socials, there's no reason to believe anything you're ever told by the news about any moves in the market.

[jonathan@lemmy.zip]

The US is 4% of the world's population.

[yondoza@sh.itjust.works]

If their claims are true, yeah. That's how I read the implications.

[surewhynotlem@lemmy.world]

Stock investing isn't about underlying value. The company itself is almost irrelevant. Stock investing is about predicting stock investor sentiment.

[gradually_adjusting@lemmy.world]

That's not a traditional view of investing or the manner in which securities are built to be valued, but it is admittedly the modal paradigm to which we are subject.

[barsoap@lemm.ee]

Which is why NFTs work. They're refreshingly honest: They represent nothing of any kind of value, yet are valued. Something something fetishism.

[sgt_choke_n_stroke@lemmy.world]

[gradually_adjusting@lemmy.world]

A part of me loved the idea of decentralized finance (punk as fuck if it hurts centralized finance) and was rooting for NFTs if they were going to be used to restore ownership rights for digital property but... That's not what happened. It's all grift.

[allonzee@lemmy.world]

Their unhinged need for growth/metastasis to to feed their ego scores is unquenchable and ending the world.

It's tragic we won't physically stop them via revolution. We are cowards that mistake this quiet slaughter for peace. The planet will have to do it for us, and take us and a lot of innocent surface life with them.

[jhex@lemmy.world]

Fancy word foot work for "speculation"

[bamboo@lemm.ee]

The internet was developed by ARPA, then later made available to universities and eventually private connections. Military and public research developed the tech, capitalists figured out how to most efficient sell junk using the tech.