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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 👇
When you could do anything, why focusing on less… Why specializing… Well… I receive that question or variants of that question often. In my work, just PPPs and major infrastructure projects. Why only big things. Big jobs… or where the big money is… In my investments, just real estate. And the answer is simple. If you are an adult, you know that working more hours does not equate to better results. Not even more money. On the contrary, working more hours usually means you’re grinding your...
When I was a junior project manager trying to discuss with a senior construction manager where to put some fiber optics for a toll system, he told me a story… In a large tunnel project, they had spent weeks arguing about where to put a temporary installation. Not fiber optics… but almost. Design said one thing. Construction said another. The client wanted the classic miracle: “No impact on cost. No impact on programme. No impact on risk.” Of course. And I want to eat croissants every morning...
Many people live in fear. And that’s a terrible place to be. They don’t raise their hand. They don’t do a stand. They don’t publish in social media… Because of fear. And please, let me know that if you’re one of those… your worries are not justified. It is physically and neurologically impossible for you to control what someone else thinks. I guess that you knew that, right? Well.. The average human being has about 70,000 thoughts a day. 70k… yes. Most of which are random and cannot be...