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Nvidia falls 14% in premarket trading as China's DeepSeek triggers global tech sell-off (www.cnbc.com)
submitted 2 years ago by to c/technology@lemmy.world
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cross-posted from: https://lemm.ee/post/53805638

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[–] 20 points 2 years ago (1 child)

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

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  • [–] 13 points 2 years ago (1 child)

    https://en.wikipedia.org/wiki/Jevons_paradox

    more efficient use of oil will lead to increased demand, and will not slow the arrival or the effects of peak oil.

    Energy demand is infinite and so is the demand for computing power because humans always want to do MORE.

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  • [–] 1 point 2 years ago*

    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

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