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News@lemmy.world · 10 days ago

DeepSeek tech wipeout erases more than $1 trillion in market cap as AI panic grips Wall Street

markets.businessinsider.com

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DeepSeek tech wipeout erases more than $1 trillion in market cap as AI panic grips Wall Street

markets.businessinsider.com

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News@lemmy.world · 10 days ago

A tech sell-off on Monday saw more than $1 trillion in value erased over concerns over China's DeepSeek AI app.

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QuantumSparkles@sh.itjust.works
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Won’t somebody think of the billionaires?
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  The universal truth with anything to do with money is that the have nots do the heavy lifting.
  
  Rain, hail, or shine, it’s the working class that bear the brunt.

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