Hacker News new | ask | show | jobs
by re-thc 221 days ago
> A pipe dream sustaining the biggest stock market bubble in history

This is why we're losing innovation.

Look at electric cars, batteries, solar panels, rare earths and many more. Bubble or struggle for survival? Right, because if US has no AI the world will have no AI? That's the real bubble - being stuck in an ancient world view.

Meta's stock has already tanked for "over" investing in AI. Bubble, where?
2 comments
belter 220 days ago
https://news.ycombinator.com/item?id=45902246
link
belter 221 days ago
2 Trillion dollars in Capex to get code generators with hallucinations, that run at a loss, and you ask where is the Bubble?
link
re-thc 221 days ago
> 2 Trillion dollars in Capex to get code generators with hallucinations

You assume that's the only use of it.

And are people not using these code generators?

Is this an issue with a lost generation that forgot what Capex is? We've moved from Capex to Opex and now the notion is lost, is it? You can hire an army of software developers but can't build hardware.

Is it better when everyone buys DeepSeek or a non-US version? Well then you don't need to spend Capex but you won't have revenue either.

link
littlestymaar 221 days ago
Deepseek somehow didn't need $2T to happen.
link
re-thc 221 days ago
Because you know how much they spent.

And that $2T you're referring to includes infrastructure like energy, data centers, servers and many things. DeepSeek rents from others. Someone is paying.

link
anotherd1p 221 days ago
all that led up to Deepseek needed more. don't forget where it all comes from.
link
matt3D 221 days ago
I think the argument can be made that Deepseek is a state sponsored needle looking to pop another states bubble.

If Deepseek is free it undermines the value of LLMs, so the value of these US companies is mainly speculation/FOMO over AGI.

link
re-thc 221 days ago
> the argument can be made that Deepseek is a state sponsored needle looking to pop another states bubble

Who says they don't make money? Same with open source software that offer a hosted version.

> If Deepseek is free it undermines the value of LLMs, so the value of these US companies is mainly speculation/FOMO over AGI

Freemium, open source and other models all exist. Does it undermine the value of e.g. Salesforce?

link
belter 220 days ago
"Big Tech Needs $2 Trillion In AI Revenue By 2030 or They Wasted Their Capex" - https://www.wheresyoured.at/big-tech-2tr/
link