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‘Sputnik moment’: $1tn wiped off US stocks after Chinese firm unveils AI chatbot
(www.theguardian.com)
this post was submitted on 28 Jan 2025
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Technology
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What I find really fascinating here is that obviously openAI, Meta, etc. seem to be structurally incapable of actually innovating at this point.
I mean, reducing training costs by literally an order of magnitude just by writing better software is astonishing and shows how complacent the large corporations have gotten.
Meta? The one that released Llama 3.3? The one that actually publishes its work? What are you talking about?
You can write off hardware purchases, paying for skilled devs is like pulling teeth