Excellent coverage of the event! BYD has also provided free AI with autonomous driving now.
China's strategy of releasing free, competitive AI and autonomous driving technology could severely disrupt Western tech giants' business models by undercutting their ability to monetize these innovations. When companies like BYD give away autonomous driving systems or Deepseek releases powerful open-source AI models, it creates immediate pricing pressure before Western companies can recoup their massive R&D investments. This is particularly threatening to tech valuations that are built on promises of future revenue growth - if quality alternatives are available for free, it becomes much harder to justify premium pricing or achieve the projected revenue multiples that current market caps assume. The strategy is especially potent because Western tech companies have already invested billions in infrastructure and development while making bold promises to investors about future returns. By commoditizing these technologies before they can be fully monetized, China could effectively turn an innovation race into a price war, potentially triggering a broader reassessment of tech sector valuations and growth expectations.
Deep seek will get blocked faster than tiktok, plus, I'm sure china gov't is totally telling the truth on total expenses. The market can't handle shit.
Excellent coverage of the event! BYD has also provided free AI with autonomous driving now.
China's strategy of releasing free, competitive AI and autonomous driving technology could severely disrupt Western tech giants' business models by undercutting their ability to monetize these innovations. When companies like BYD give away autonomous driving systems or Deepseek releases powerful open-source AI models, it creates immediate pricing pressure before Western companies can recoup their massive R&D investments. This is particularly threatening to tech valuations that are built on promises of future revenue growth - if quality alternatives are available for free, it becomes much harder to justify premium pricing or achieve the projected revenue multiples that current market caps assume. The strategy is especially potent because Western tech companies have already invested billions in infrastructure and development while making bold promises to investors about future returns. By commoditizing these technologies before they can be fully monetized, China could effectively turn an innovation race into a price war, potentially triggering a broader reassessment of tech sector valuations and growth expectations.
All the greedy nvidia holders that kept holding even tho they've 100x their money for a wake up call today.
Deep seek will get blocked faster than tiktok, plus, I'm sure china gov't is totally telling the truth on total expenses. The market can't handle shit.