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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 👇
In 1628, Sweden launched a magnificent warship. The Vasa. Built to impress. Which it did. Then it sank. Which was less impressive. Before the maiden voyage, thirty men had been asked to run backwards and forwards across the upper deck to test its stability. XXI sophistication… No joke… Today, we pute trucks full of rocks on new bridges… Well… The ship rolled so badly that the test had to be stopped. You would think this may… have triggered a discussion. At least something like: Let’s not...
The government wanted fewer rats. So it paid people to kill them. People started breeding them. Unattended consequences are called today. Or wrong clauses and incentives, as it should be. Hanoi. 1902. The French colonial authorities had a rat problem. And a solution that looked perfectly sensible. Pay a bounty. Require proof. Count the results. Lovely. But… There was just one small detail. The proof was a tail. Not a dead rat. Apparently, nobody thought that distinction would become...
He won the tender. Sixty-six days later, he was eliminated… I mean… dead. Which is a fairly aggressive way to terminate a contract. Rome. AD 193. Escalation did not have several levels of governance apparently… or they were just efficient too… Anyway. The Praetorian Guard murdered Emperor Pertinax. An awkward development. Especially considering their job was to protect him. Like Lenders… when you do need them… The fact is that the guys spotted a commercial opportunity. A vacant throne. Two...