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Billions of dollars gone!
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Unless you live in a rabbit hole, you know what recently happened with OpenAI. Yes, the company that created the famous, beloved, and vilified ChatGPT. ​ Well… a Chinese company unexpectedly emerged with its own AI, Deepseek, which has shaken up the market and the industry. ​ It offers the equivalent of the most advanced ChatGPT model but it’s free—at least for now. And not only that, Deepseek made its code open-source, making it accessible to anyone who wants to use or improve it. You’ll be able to do much more with less. ​ How do you feel about? ​ Still no bells… ​ Well.. after the announcement, nearly all major tech companies saw their stock prices plummet. Nvidia, for example, the company that manufactures the chips used to build and train AI models, lost nearly $600 billion in market value in a single day. ​ And this is the most important lesson hidden in this situation: Even the biggest, most famous, and wealthiest company can fall overnight. Even if it was the first to market. Not because they’re doing anything wrong. Simply because the moment your offering becomes a standardized product, a commodity within everyone's reach... You’re destined to be overtaken by a competitor sooner or later. There will always be someone who can commoditize your product even further, lower the price (or eliminate it entirely), and offer the same features as you. ​ And this will happen to your company, or to you. ​ Yes, to you. ​ As a worker, as a professional… if you don’t keep evolving, improving, learning and getting far away of being a commodity… sooner or later… you’ll lose. Do you want to know anything different today? Here you are my pick. ​
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Vicente Valencia
I talk about Personal Growth, Management, Infrastructure and More | C-Suite Executive | Mentor, Coach, Strategic Consultant | Real Estate Investor | 👇JOIN +2k readers 👇
Suggesting beats showing. Always. Just see what happens to women that show too much. They attract the wrong type of men… or probably not. They just attract all men… and then, it’s more complicated to do a good selection. The chances of getting it wrong increase. But if they just suggest, they tend to attract a more sophisticated level of men. Less brutal, savage, and basic. Then, the chances of getting the wrong type of men decrease. And remember, women risked their lives having s€x not long...
You can find horror stories almost everywhere. Not just developed countries. And successful ones too… as it’s not rocket science. Before 2010, the Philippines’ PPP program was infamous for all the wrong reasons: legal uncertainty, endless bid delays, weak feasibility studies, and risk allocations that scared investors away faster than typhoons. So they decided to stop, review, learn and repeat. They started to ask the market about what was wrong with the last projects. They noted. And decided...
You know that moment when a government says: “We’re launching a massive PPP program.” Or… “We are going to partner with the private sector to build roads”! Everyone claps like seals because… wow… private money, shiny highways, “international best practice,”. Re-election secured. Mexico did that in the early 90s. Fifty-two highway concessions. I repeat. 52 PPP fever everywhere. The “future” of infrastructure. And we’ll build Speedy Gonzales speed. Spoiler: It didn’t end well. Actually, it...