644
‘Sputnik moment’: $1tn wiped off US stocks after Chinese firm unveils AI chatbot
(www.theguardian.com)
this post was submitted on 27 Jan 2025
644 points (97.8% liked)
Technology
35483 readers
395 users here now
This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.
Ask in DM before posting product reviews or ads. All such posts otherwise are subject to removal.
Rules:
1: All Lemmy rules apply
2: Do not post low effort posts
3: NEVER post naziped*gore stuff
4: Always post article URLs or their archived version URLs as sources, NOT screenshots. Help the blind users.
5: personal rants of Big Tech CEOs like Elon Musk are unwelcome (does not include posts about their companies affecting wide range of people)
6: no advertisement posts unless verified as legitimate and non-exploitative/non-consumerist
7: crypto related posts, unless essential, are disallowed
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
How are both conditions meer when all this just started 2(?) years ago? And progress is still going very fast.
all this started in 2023? alas no time marches on, llm have been a thing for decades and the main boom happened more in 2021. progress is not fast, no, these are companies throwing as much compute at their problems as they can. deepseek's caused a 2t drop by being marginal progress in a field (llms specifically) out of ideas.
The huge AI LLM boom/bubble started after chatGPT came out.
But of fucking course it existed before.
regardless of where you want to define the starting point of the boom, it's been clear for months up to years depending on who you ask that they are plateuing. and harshly. stop listening to hypesters and people with a financial interest in llm being magic.