@FluentInFinance@mastodon.social
I write https://TheFinanceNewsletter.com for 100,000 readers. Follow to get smarter with your finances, life, and habits.
The stock market just lost $1 Trillion in value today.
All because a company out of China dropped a new AI Model called DeepSeek R1, which is much better and only costs $6 million, versus American tech companies spending billions.
China's release of Deepseek a day after Trump announced the $500 Billion Stargate AI project is hilarious.
DeepSeek is like buying a $2,000 first-class plane ticket only to find out the guy sitting next to you paid $200 for the same seat.
Goodbye ChatGPT.
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Expect some bugs and missing features here and there. Elk is Open Source and we're actively improving it as a community project. Join us and let's build it together!
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