[treis]

>What happens in a few years when DeepSeek runs on the chinese chips like the Huawei Ascend at a fraction of the cost ?

Nvidia goes back to being a 100 billion dollar business and everyone else reaps the benefits of cheap tokens.

[doctorwho42]

So Nvidia will lose 94.5% of their market cap, and you think that will not effect anything beyond AI?

[trollbridge]

There's an assumption here that Nvidia will stop innovating.

[mlnj]

The only assumption I am making is that NVIDIA and others dig thier claws into western governments and make decade long contracts for even greater surveillance. Trillions of dollars worth.

[sethops1]

A few thousand recently minted millionaires might become former-millionaires if they decide to HODL. Construction at these Manhattan-sized data centers might slow or stop. The tech industry might go back to solving problems for real people. I'm not really seeing a substantial downside.

[treis]

Not any more than when one company beats out another.