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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
Weekly insights on how to perform when it matters | High-stakes decisions. Real situations. No BS. | 👇JOIN +2k readers 👇
I’m in Singapore today and this is amazing. The level in its infrastructure is worth studying. However, as a good engineer, I love comparing. Come to me to Greece. More than 2,400 years ago, the ancient Greeks decided to build a tunnel through a mountain on the island of Samos. One kilometre long to bring water from one point to the other. Not much for these days… although they did not use the billion dollars as measurement unit… Now add. A tunnel through solid rock. The engineer was called...
2,500 years ago, the Persian Empire controlled an enormous territory. No internet. No smartphones. No WhatsApp groups that suck your blood, your energy and even money. And of course, no consultants preparing weekly PowerPoint updates. And they understood something important. Information is power. But only if it's accurate. And arrives on time. The Persians developed an extraordinary system of roads, relay stations and mounted couriers. Messengers changed horses. Day and night. It worked like...
There's a fascinating way to save money in infrastructure. Stop building. Apparently, someone in the UK thought this was a brilliant idea. Take HS2. If you think the name of this railway project is spectacular, you should wait to see the cost overruns. The Government needed to control spending. Understandable. So what did they do? They delayed construction work. Reduced annual expenditure. And presumably celebrated the savings. Excellent. No money no deal… Except… if you need a piece of...