January 28, 2025 • 13 mins
Overreaction, or harbinger?
China's DeepSeek AI Chatbot Sends Wall Street into a Tizzy
China's DeepSeek AI Chatbot Sends Wall Street into a Tizzy
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
I'm a football diehard who just like loves to watch
the games, and this is what I guess, either the
sport or the Eagles and Chiefs, Like I was so dreaded.
I was dreading. I was dreading what I thought I
could expect to happen.
Speaker 2 (00:13):
And it happened.
Speaker 1 (00:15):
It happened, and it almost happened exactly the way I
expected it too, and heart wrenchingly the debilitating loss for
the Bills and for me and for anybody out there
that was hoping for something new. And Joe wanted to
make sure I got this email right as the show started.
Go ahead and say it. How about them?
Speaker 2 (00:35):
Chea? Do we have to talk about this game?
Speaker 1 (00:40):
Like?
Speaker 2 (00:41):
Is it are?
Speaker 1 (00:42):
Like, we'll get to it later. I'll get to like, well,
I mean we probably should because it's important to people.
It's the biggest sporting event of the year in the
Western hemisphere. Like we can't just like ignore it happening.
Speaker 3 (00:53):
It works for me. They're a good team, they're having
their moment. It won't be great forever, but they're great
right now and they might do something historic and win
three in a row.
Speaker 2 (01:02):
I thought that, like, I don't care.
Speaker 1 (01:06):
Remember when it was like Lebron and the Calves against
the Warriors Warriors.
Speaker 2 (01:10):
Four straight years.
Speaker 1 (01:11):
Yeah, Like the first two years were fun because it's like, oh, okay,
so the first year is like the Warriors, let them go.
Speaker 3 (01:17):
Yeah, Matthew Della Dova is that his name, dela Adova,
h Delavadova, Yeah, coming off the bench and yeah.
Speaker 1 (01:23):
And then the yeah this in twenty sixteen, they come
back and they went in and it's like, oh nice.
I didn't need to see the trilogy, and I really
didn't need to see the fourth one either, especially that
was after Durant went to the Warriors, and I was
just like it soured me so badly that I just
did not pay any attention. And I think I'm there anyway.
We're not going to talk about that right now. I'm supposed,
I suppose we'll have to talk about something like that
(01:44):
a little a little bit later. But what is going
on right now with the uh? With with the stock market?
Like you're a stock market guy, you day trade?
Speaker 2 (01:56):
Yeah, yeah, you know me.
Speaker 3 (01:57):
I mean, I'm always I'm by so I got my
both my phones bye sell by sell so back and
forth all day.
Speaker 1 (02:03):
So deep seek did you hear about this? This deep
Seek business.
Speaker 2 (02:06):
I heard about it when you said about it.
Speaker 3 (02:08):
Yeah.
Speaker 2 (02:08):
Yeah.
Speaker 1 (02:08):
Deep Seek is an advanced model of AI that China
is like, phew, like let's go, let's go deep Seek. Yeah, startup,
and it's a free, open source, large language model and
they release like dropped it just last month. And uh,
stock exchanges like Microsoft, Meta, Tesla, Navidia, I think that
(02:29):
is how you say that one they're out over a
trillion bucks today is like like they're saying the Navidia
stock itself is like it's the biggest loss in a
single day for for anybody, and yeah, big sell off here.
I don't I don't know exactly what this deep Seek
situation is. I don't know if like like like is
(02:50):
I need I need help from the people who do
large scale investing or even like day trader type investing,
right because these are big stocks, like what do they
call the Magnificent seven? Is that what they call those
guys the Navidia alphabet? Yeah, yeah, yeah, I Meta, Amazon, Apple, Tesla,
(03:11):
those guys, And yeah, apparently they're trading lower. Apple's actually
up today, but everybody else, especially in Nvidia, have gone
way down and deep Seek is now surging to the top.
Of Apple's App store. It's number one right now in
attempted downloads. But apparently it's Uh, we're having some issues
(03:32):
with this thing. This is what you were warning us about.
More than anything you you would warn us that AI
is going to become not the death of us necessarily,
but like it's going to create some problems, some major
major problems.
Speaker 3 (03:44):
Isn't that funny? And here we are, and why do
we need it? Just unplug it. We don't need all this.
Unplug it, let's go, let's go back to doing stuff
for ourselves again. It's a happier society that way.
Speaker 2 (03:54):
Yeah.
Speaker 1 (03:54):
If you are looking up deep seek right now on
social media, not great, not great what we're seeing here.
A lot of people are just like deepseak is overtaking chat,
GPT on all these apps, and people are freaking out
in the United States about this Chinese group that has
apparently put this together. And this is alleged numbers two
thousand chips, six million dollar budget. That sounds way cheaper
(04:16):
than the billions of dollars where it's allegedly about to
invest in artificial intelligence in the United States. Does that
not concern us at all? Like, as a nation what
our stock market is reacting to with just the essential
dropping of this Chinese version of chat gpt. Is this
what this whole investment into, like the five hundred billion
dollar investment into these AI infrastructure facilities, Is that what
(04:40):
that's all about? Knowing that this was happening, I'm scared.
I'm scared in a way of like I really just
don't know how to feel. Should we download deep Seek?
Should we try to get it on our phones and
see if you know it's better?
Speaker 3 (04:52):
Is that a good idea? I probably will keep living
my life the exact same way I was previously. Oh,
no Chat GPT, no Deep Seek? Answer you because I
don't need to know everything? Yeah you do, No, I don't.
What is one thing you don't think you need? You
know what ignorance is. It's not bliss. It is not bliss.
No ignorance is ignorant. That's redundant.
Speaker 1 (05:13):
But it's true trying to like like keep yourself in
the dark intentionally. That's some real Aaron Rodgers high ayahuska stuff. There, ayahahoska.
You're gonna you're gonna challenge me on that, Like I
believe it's pronounced ayahuasca iya huasca iyah who ayaahoska. I
wouldn't know, you know why, because I've never even thought about,
you know, messing around with that stuff. Look, you know,
(05:34):
if you want to go do some of that stuff,
that's up to you. Like I sleep in a sensory
deprivation chamber every single night, living in a cave for
four days, that's right, Like darkness retreats. You know, it
sounds dumb to me. I don't know, Like, what are
you gonna learn about yourself? That that that the darkness
will teach you?
Speaker 2 (05:51):
What's to learn?
Speaker 1 (05:54):
AJ sends me an email. It's uh, it's pills. He
sent me pills through email? What AJ sent many pills
and he's got.
Speaker 2 (06:02):
Here.
Speaker 1 (06:03):
It's for Chiefs hater all. It helps treat it frequent
complaining and blaming of the refs. It's great for people
who can't accept their team as inferior to the Chiefs.
Take fifteen pills daily and increase to eighty seven pills
during the playoffs.
Speaker 2 (06:16):
Oh eighty seven. Huh fifteen and eighty seven. Oh there
it is, yeah, yeah.
Speaker 3 (06:21):
Numbers of the best players on the team.
Speaker 1 (06:23):
Wow, I don't think I'm going to be taking these pills.
I think I'll just grather. I you know what, I
would rather just be mad about it. And there were
calls that also helped the chiefs out yesterday. I don't
want to hear it otherwise. It definitely did and I
don't care anyway. If you want to help me out,
try to understand some of the stock market shortfalls that
are happening in the Magnificent seven, these big tech companies
(06:46):
in their stocks today. If you're a guy that is
living on Wall Street and you're seeing this big stock
market crash, I'd love to do, like, have you kind
of explained from your perspective what exactly is happening and
why it's happening. You can call us at four h
two five five four two five five eight eleven ten
is that number. We thank you for listening to the
show today on news Radio eleven ten.
Speaker 2 (07:05):
Kfab Emery Sunger.
Speaker 1 (07:08):
Part of this, I think had something to do with
the fact that they were hacked right There was a
large scale malicious attack on its services according to deep Seek,
and they're limiting new user registrations today and essentially the UH.
I think people are freaked out, mostly because they had
a smaller budget. They had a lot less resources theoretically,
(07:28):
and people were noticing that Deep Seek was as good,
or as accurate or as advanced as chat GPT. So
I guess if this is if this is what the
situation is, or if this malicious stuff is actually happening somebody,
like maybe it may not be American, it could be
people from all over the world. But you want to know,
something very interesting about this is if somebody's really trying
(07:51):
to take this thing down, it's because they're fearful of it.
If China is able to create something this effective with
a fraction of the investment, dude, like they're saying, like
six million dollars, is that not like the scariest possible outcome.
It's like they have to try, like a fraction is
hard to get the same result as we do. It's unsettling.
Speaker 2 (08:10):
What took them so long?
Speaker 1 (08:11):
Well I don't know, but why was it so cheap
to do that there? So now like like we said,
that's what eventually kickstarted these these stock sell offs. Now,
they did say that this malicious attack could end up
really creating a massive issue for people who are trying
to get in on there.
Speaker 2 (08:28):
But I got to a huh, it's difficult.
Speaker 1 (08:32):
I'm I'm one, like I'm looking at this and there
are a lot of people that are saying that this
is some sort of like infiltration and they're they're comparing
it with like this Deep Seek release to COVID nineteen. What, Well,
it's obviously not the same thing, right, But look like
the hemorrhaging of the money in American stocks based on
(08:54):
this Chinese company having this ability?
Speaker 2 (08:57):
Do we know all the facts? Right?
Speaker 1 (08:59):
Deep Seek spending six million dollars to achieve what many
others spent tens of billions of dollars to achieve, and
it's connected into the connection to China is difficult. So
I wonder what the uh? I wonder what our immediate
artificial intelligence response is going to be once things settled
down here, If things settled down, if you are a
(09:20):
major investor, are you buying back into American technology companies
that this is going on?
Speaker 3 (09:26):
Well, the greatest investors buy when people are freaking out.
They capitalize on fear.
Speaker 1 (09:32):
But again, I don't know, like how far down like
a Navidia is gonna end up being. And I'm seeing
people say exactly what you're saying right now on the
social media's it's like, hey, by now it will bounce back.
But is this not kind of a brave new world
where we're existing in a place where all of a sudden,
a Chinese company has done something for a fraction of
(09:55):
the cost. Or are we getting that information and it's
incorrect and that's what's sending us in a tip ah.
That information came in and now all of a sudden's
going nuts and maybe they've spent you know, fifty times
that number, but we don't know because they control all
the information that gets out.
Speaker 2 (10:11):
Over there right right.
Speaker 1 (10:12):
Scary stuff, man, it's scary scary stuff. If I was
smart enough, I would just be able to do this.
And Deep Seek apparently is very selectively answering questions in.
Speaker 2 (10:23):
Regards to the Chinese government.
Speaker 1 (10:25):
So like people are have downloaded and asking it questions
and it's like coming back and responding, I don't have anything.
Somebody said, what happened in Tianaman Square in nineteen eighty nine?
It answered, sorry, that's beyond my current scope. Let's talk
about something else.
Speaker 3 (10:40):
So there's no way that this AI software is going
to take over anything, really, if it's not going to
give you answer, if it's going to be selective.
Speaker 1 (10:48):
Well, yeah, it's but this is the Chinese aspect of
this specific one. I could ask chw E T that
and it would come back with an answer right away.
Speaker 2 (10:56):
You know. That's just I guess that's the difference.
Speaker 1 (10:58):
I even asked chat GPT about deep seek and what
it thinks about it, and it basically says deep seek
v three bost six hundred and seventy one billion parameters
and was trained in approximately fifty five days at a
cost of five point six million dollars, which is significantly
lower than the estimated one hundred million to one billion
(11:19):
dollars typically required by US counterparts. So Chad GPT is
just letting me hear it. It's like, hey, usually this
thing at least is going to cost one hundred million
dollars to train an AI model like this, and they
were able to get it done with five point six
million dollars reportedly reportedly. So I suppose we're gonna have
to see what the response is, and of course we
(11:40):
will let you know if there's anything weird to see
about that. But deep Seek, you have my attention, You
should have everybody's attention in the AI universe and in
the United States and in the stock market exchange.
Speaker 2 (11:53):
Eh, seems like, I don't know, a little bit troublesome.
You know.
Speaker 3 (11:56):
Imagine imagine if you're in a country and they've got
their own AI sow so we all have our own
AI software, right yeah, and then they're like, hey, you
don't need books anymore.
Speaker 2 (12:04):
It's all on deep seek.
Speaker 1 (12:05):
Was that supposed to mean, like you just knowledge is power? Yeah, Well,
what are you saying, like you shouldn't read books?
Speaker 2 (12:11):
Still, That's not what I'm saying at all.
Speaker 3 (12:13):
I'm just saying, imagine you're a citizen in China and
you got this deep seek that tells you everything you
need to know, and the government says everything's on deep seek.
You don't need books anymore.
Speaker 1 (12:23):
So if you need to know something, just use deep seek,
is what you're saying. Well, I mean we kind of
do that for Google even before we had like good
AI models, you know. But Navidia down seventeen percent as
of an hour ago, So that tells you, I mean,
this is no I mean, this is stark five hundred
and sixty billion dollars in market capital today, the largest
(12:43):
in market history for Navidia. I don't talk about you know,
poop in your pants, maybe a little bit if you're
a heavy investor in the tech world in the North
America right now today is that day anyway. Also, they
do think that this deep seek is an extinction level event,
some reports are saying for venture capital firms.
Speaker 2 (13:05):
So that's not great. Emery Songer on news radio eleven
ten kfab
I'm a football diehard who just like loves to watch
the games, and this is what I guess, either the
sport or the Eagles and Chiefs, Like I was so dreaded.
I was dreading. I was dreading what I thought I
could expect to happen.
Speaker 2 (00:13):
And it happened.
Speaker 1 (00:15):
It happened, and it almost happened exactly the way I
expected it too, and heart wrenchingly the debilitating loss for
the Bills and for me and for anybody out there
that was hoping for something new. And Joe wanted to
make sure I got this email right as the show started.
Go ahead and say it. How about them?
Speaker 2 (00:35):
Chea? Do we have to talk about this game?
Speaker 1 (00:40):
Like?
Speaker 2 (00:41):
Is it are?
Speaker 1 (00:42):
Like, we'll get to it later. I'll get to like, well,
I mean we probably should because it's important to people.
It's the biggest sporting event of the year in the
Western hemisphere. Like we can't just like ignore it happening.
Speaker 3 (00:53):
It works for me. They're a good team, they're having
their moment. It won't be great forever, but they're great
right now and they might do something historic and win
three in a row.
Speaker 2 (01:02):
I thought that, like, I don't care.
Speaker 1 (01:06):
Remember when it was like Lebron and the Calves against
the Warriors Warriors.
Speaker 2 (01:10):
Four straight years.
Speaker 1 (01:11):
Yeah, Like the first two years were fun because it's like, oh, okay,
so the first year is like the Warriors, let them go.
Speaker 3 (01:17):
Yeah, Matthew Della Dova is that his name, dela Adova,
h Delavadova, Yeah, coming off the bench and yeah.
Speaker 1 (01:23):
And then the yeah this in twenty sixteen, they come
back and they went in and it's like, oh nice.
I didn't need to see the trilogy, and I really
didn't need to see the fourth one either, especially that
was after Durant went to the Warriors, and I was
just like it soured me so badly that I just
did not pay any attention. And I think I'm there anyway.
We're not going to talk about that right now. I'm supposed,
I suppose we'll have to talk about something like that
(01:44):
a little a little bit later. But what is going
on right now with the uh? With with the stock market?
Like you're a stock market guy, you day trade?
Speaker 2 (01:56):
Yeah, yeah, you know me.
Speaker 3 (01:57):
I mean, I'm always I'm by so I got my
both my phones bye sell by sell so back and
forth all day.
Speaker 1 (02:03):
So deep seek did you hear about this? This deep
Seek business.
Speaker 2 (02:06):
I heard about it when you said about it.
Speaker 3 (02:08):
Yeah.
Speaker 2 (02:08):
Yeah.
Speaker 1 (02:08):
Deep Seek is an advanced model of AI that China
is like, phew, like let's go, let's go deep Seek. Yeah, startup,
and it's a free, open source, large language model and
they release like dropped it just last month. And uh,
stock exchanges like Microsoft, Meta, Tesla, Navidia, I think that
(02:29):
is how you say that one they're out over a
trillion bucks today is like like they're saying the Navidia
stock itself is like it's the biggest loss in a
single day for for anybody, and yeah, big sell off here.
I don't I don't know exactly what this deep Seek
situation is. I don't know if like like like is
(02:50):
I need I need help from the people who do
large scale investing or even like day trader type investing,
right because these are big stocks, like what do they
call the Magnificent seven? Is that what they call those
guys the Navidia alphabet? Yeah, yeah, yeah, I Meta, Amazon, Apple, Tesla,
(03:11):
those guys, And yeah, apparently they're trading lower. Apple's actually
up today, but everybody else, especially in Nvidia, have gone
way down and deep Seek is now surging to the top.
Of Apple's App store. It's number one right now in
attempted downloads. But apparently it's Uh, we're having some issues
(03:32):
with this thing. This is what you were warning us about.
More than anything you you would warn us that AI
is going to become not the death of us necessarily,
but like it's going to create some problems, some major
major problems.
Speaker 3 (03:44):
Isn't that funny? And here we are, and why do
we need it? Just unplug it. We don't need all this.
Unplug it, let's go, let's go back to doing stuff
for ourselves again. It's a happier society that way.
Speaker 2 (03:54):
Yeah.
Speaker 1 (03:54):
If you are looking up deep seek right now on
social media, not great, not great what we're seeing here.
A lot of people are just like deepseak is overtaking chat,
GPT on all these apps, and people are freaking out
in the United States about this Chinese group that has
apparently put this together. And this is alleged numbers two
thousand chips, six million dollar budget. That sounds way cheaper
(04:16):
than the billions of dollars where it's allegedly about to
invest in artificial intelligence in the United States. Does that
not concern us at all? Like, as a nation what
our stock market is reacting to with just the essential
dropping of this Chinese version of chat gpt. Is this
what this whole investment into, like the five hundred billion
dollar investment into these AI infrastructure facilities, Is that what
(04:40):
that's all about? Knowing that this was happening, I'm scared.
I'm scared in a way of like I really just
don't know how to feel. Should we download deep Seek?
Should we try to get it on our phones and
see if you know it's better?
Speaker 3 (04:52):
Is that a good idea? I probably will keep living
my life the exact same way I was previously. Oh,
no Chat GPT, no Deep Seek? Answer you because I
don't need to know everything? Yeah you do, No, I don't.
What is one thing you don't think you need? You
know what ignorance is. It's not bliss. It is not bliss.
No ignorance is ignorant. That's redundant.
Speaker 1 (05:13):
But it's true trying to like like keep yourself in
the dark intentionally. That's some real Aaron Rodgers high ayahuska stuff. There, ayahahoska.
You're gonna you're gonna challenge me on that, Like I
believe it's pronounced ayahuasca iya huasca iyah who ayaahoska. I
wouldn't know, you know why, because I've never even thought about,
you know, messing around with that stuff. Look, you know,
(05:34):
if you want to go do some of that stuff,
that's up to you. Like I sleep in a sensory
deprivation chamber every single night, living in a cave for
four days, that's right, Like darkness retreats. You know, it
sounds dumb to me. I don't know, Like, what are
you gonna learn about yourself? That that that the darkness
will teach you?
Speaker 2 (05:51):
What's to learn?
Speaker 1 (05:54):
AJ sends me an email. It's uh, it's pills. He
sent me pills through email? What AJ sent many pills
and he's got.
Speaker 2 (06:02):
Here.
Speaker 1 (06:03):
It's for Chiefs hater all. It helps treat it frequent
complaining and blaming of the refs. It's great for people
who can't accept their team as inferior to the Chiefs.
Take fifteen pills daily and increase to eighty seven pills
during the playoffs.
Speaker 2 (06:16):
Oh eighty seven. Huh fifteen and eighty seven. Oh there
it is, yeah, yeah.
Speaker 3 (06:21):
Numbers of the best players on the team.
Speaker 1 (06:23):
Wow, I don't think I'm going to be taking these pills.
I think I'll just grather. I you know what, I
would rather just be mad about it. And there were
calls that also helped the chiefs out yesterday. I don't
want to hear it otherwise. It definitely did and I
don't care anyway. If you want to help me out,
try to understand some of the stock market shortfalls that
are happening in the Magnificent seven, these big tech companies
(06:46):
in their stocks today. If you're a guy that is
living on Wall Street and you're seeing this big stock
market crash, I'd love to do, like, have you kind
of explained from your perspective what exactly is happening and
why it's happening. You can call us at four h
two five five four two five five eight eleven ten
is that number. We thank you for listening to the
show today on news Radio eleven ten.
Speaker 2 (07:05):
Kfab Emery Sunger.
Speaker 1 (07:08):
Part of this, I think had something to do with
the fact that they were hacked right There was a
large scale malicious attack on its services according to deep Seek,
and they're limiting new user registrations today and essentially the UH.
I think people are freaked out, mostly because they had
a smaller budget. They had a lot less resources theoretically,
(07:28):
and people were noticing that Deep Seek was as good,
or as accurate or as advanced as chat GPT. So
I guess if this is if this is what the
situation is, or if this malicious stuff is actually happening somebody,
like maybe it may not be American, it could be
people from all over the world. But you want to know,
something very interesting about this is if somebody's really trying
(07:51):
to take this thing down, it's because they're fearful of it.
If China is able to create something this effective with
a fraction of the investment, dude, like they're saying, like
six million dollars, is that not like the scariest possible outcome.
It's like they have to try, like a fraction is
hard to get the same result as we do. It's unsettling.
Speaker 2 (08:10):
What took them so long?
Speaker 1 (08:11):
Well I don't know, but why was it so cheap
to do that there? So now like like we said,
that's what eventually kickstarted these these stock sell offs. Now,
they did say that this malicious attack could end up
really creating a massive issue for people who are trying
to get in on there.
Speaker 2 (08:28):
But I got to a huh, it's difficult.
Speaker 1 (08:32):
I'm I'm one, like I'm looking at this and there
are a lot of people that are saying that this
is some sort of like infiltration and they're they're comparing
it with like this Deep Seek release to COVID nineteen. What, Well,
it's obviously not the same thing, right, But look like
the hemorrhaging of the money in American stocks based on
(08:54):
this Chinese company having this ability?
Speaker 2 (08:57):
Do we know all the facts? Right?
Speaker 1 (08:59):
Deep Seek spending six million dollars to achieve what many
others spent tens of billions of dollars to achieve, and
it's connected into the connection to China is difficult. So
I wonder what the uh? I wonder what our immediate
artificial intelligence response is going to be once things settled
down here, If things settled down, if you are a
(09:20):
major investor, are you buying back into American technology companies
that this is going on?
Speaker 3 (09:26):
Well, the greatest investors buy when people are freaking out.
They capitalize on fear.
Speaker 1 (09:32):
But again, I don't know, like how far down like
a Navidia is gonna end up being. And I'm seeing
people say exactly what you're saying right now on the
social media's it's like, hey, by now it will bounce back.
But is this not kind of a brave new world
where we're existing in a place where all of a sudden,
a Chinese company has done something for a fraction of
(09:55):
the cost. Or are we getting that information and it's
incorrect and that's what's sending us in a tip ah.
That information came in and now all of a sudden's
going nuts and maybe they've spent you know, fifty times
that number, but we don't know because they control all
the information that gets out.
Speaker 2 (10:11):
Over there right right.
Speaker 1 (10:12):
Scary stuff, man, it's scary scary stuff. If I was
smart enough, I would just be able to do this.
And Deep Seek apparently is very selectively answering questions in.
Speaker 2 (10:23):
Regards to the Chinese government.
Speaker 1 (10:25):
So like people are have downloaded and asking it questions
and it's like coming back and responding, I don't have anything.
Somebody said, what happened in Tianaman Square in nineteen eighty nine?
It answered, sorry, that's beyond my current scope. Let's talk
about something else.
Speaker 3 (10:40):
So there's no way that this AI software is going
to take over anything, really, if it's not going to
give you answer, if it's going to be selective.
Speaker 1 (10:48):
Well, yeah, it's but this is the Chinese aspect of
this specific one. I could ask chw E T that
and it would come back with an answer right away.
Speaker 2 (10:56):
You know. That's just I guess that's the difference.
Speaker 1 (10:58):
I even asked chat GPT about deep seek and what
it thinks about it, and it basically says deep seek
v three bost six hundred and seventy one billion parameters
and was trained in approximately fifty five days at a
cost of five point six million dollars, which is significantly
lower than the estimated one hundred million to one billion
(11:19):
dollars typically required by US counterparts. So Chad GPT is
just letting me hear it. It's like, hey, usually this
thing at least is going to cost one hundred million
dollars to train an AI model like this, and they
were able to get it done with five point six
million dollars reportedly reportedly. So I suppose we're gonna have
to see what the response is, and of course we
(11:40):
will let you know if there's anything weird to see
about that. But deep Seek, you have my attention, You
should have everybody's attention in the AI universe and in
the United States and in the stock market exchange.
Speaker 2 (11:53):
Eh, seems like, I don't know, a little bit troublesome.
You know.
Speaker 3 (11:56):
Imagine imagine if you're in a country and they've got
their own AI sow so we all have our own
AI software, right yeah, and then they're like, hey, you
don't need books anymore.
Speaker 2 (12:04):
It's all on deep seek.
Speaker 1 (12:05):
Was that supposed to mean, like you just knowledge is power? Yeah, Well,
what are you saying, like you shouldn't read books?
Speaker 2 (12:11):
Still, That's not what I'm saying at all.
Speaker 3 (12:13):
I'm just saying, imagine you're a citizen in China and
you got this deep seek that tells you everything you
need to know, and the government says everything's on deep seek.
You don't need books anymore.
Speaker 1 (12:23):
So if you need to know something, just use deep seek,
is what you're saying. Well, I mean we kind of
do that for Google even before we had like good
AI models, you know. But Navidia down seventeen percent as
of an hour ago, So that tells you, I mean,
this is no I mean, this is stark five hundred
and sixty billion dollars in market capital today, the largest
(12:43):
in market history for Navidia. I don't talk about you know,
poop in your pants, maybe a little bit if you're
a heavy investor in the tech world in the North
America right now today is that day anyway. Also, they
do think that this deep seek is an extinction level event,
some reports are saying for venture capital firms.
Speaker 2 (13:05):
So that's not great. Emery Songer on news radio eleven
ten kfab
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