BEIJING: Has China’s artificial intelligence bubble finally burst? A once-soaring rally in Chinese AI stocks has lost much of its momentum, with a sharp sell-off raising questions about whether enthusiasm for the technology has pushed share prices beyond what companies’ earnings could justify.
But while the decline has fuelled debate over whether an AI investment bubble is deflating, analysts told CNA that falling share prices do not necessarily signal a setback for China’s broader AI ambitions – or suggest that other markets are headed for a similar correction.
As of Thursday (Oct 29), China’s STAR 50 Index, which tracks 50 major tech and innovation companies on the Shanghai Stock Exchange, had fallen more than 40 per cent over four months, wiping out some US$480 billion in market value.
The scale of the decline has brought renewed scrutiny as to whether heavy spending on AI can translate into higher profits, and what the reversal means for China’s tech ambitions and the wider global AI investment boom.
Tag: speculation
Davidson & Cunningham on science and models
Trump sends secret diplomatic message to allies as thousands of American troops prepare for fresh blitz on Iran
The Trump administration has quietly warned Gulf allies to brace for a short, ferocious military campaign against Iran as soon as the midterm elections are over.
The message went to several Gulf Arab governments through diplomatic and military channels, The Wall Street Journal reported.
American forces in the region are already gearing up, restocking munitions and readying bombers and fighter jets for strikes.
An extra Patriot missile defense system is being flown to Israel from Texas, while US troops have been moved off Middle East bases left exposed to Iranian fire.
US launches nuclear readiness drills with ‘doomsday planes’ and bombers airborne nationwide
America’s ability to command its nuclear forces during a crisis is being put to the test in sweeping military drills.
A Tuesday statement confirmed that US Strategic Command’s annual Global Thunder 27 exercise is underway, with officials warning Americans could see more bombers and support aircraft flying overhead.
The operation simulates complex scenarios to test military decision-making, communications, and retaliation capabilities.
The drills aim to keep America’s nuclear forces ready, safe and secure, ensuring they can operate effectively and deter an attack.
Super Intelligent Beauty — Tetsuo
Don’t miss this one. It’s excellent. ABN
Tesla fires up Optimus robot production with Musk eyeing 20,000 units per week by 2027
Tesla is scaling Optimus production while expanding battery manufacturing and computing infrastructure.
Tesla has begun manufacturing its Optimus humanoid robots on production lines in Fremont, California, marking a key step toward commercial deployment. CEO Elon Musk now aims to scale output to 20,000 robots per week by the end of 2027.
The factory previously built electric vehicles, but Tesla has repurposed the manufacturing space for its robotics ambitions. The initial production run marks the first time Tesla has manufactured Optimus units to production standards. However, reaching mass production will require further engineering work and improvements to manufacturing efficiency.
Musk cautioned investors that production would ramp up slowly because Optimus represents an entirely new product category for the company.
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We have a lot of friends among the American elites. Serious men in their 40s-50s. There is a general elite consensus around the idea of reindustrialization and 100 million mass deportations, and a sense that America got complacent, we took our eyes off the ball, we allowed our nation to get hollowed out and overrun by invaders… and that we can never be complacent again
This is very deeply-held conviction behind the scenes. Our political legitimacy and leadership will come from this military-industrialist caste of soldiers, lawyers, and businessmen.
In 2030-2034, the men who save America are mostly going to be these Gen X types like Bo French.
Gen X is our hope. Gen X is positioned to seize power after the Boomers step down (die in office).
Angry young men like me need to support these men. We need to form into disciplined, ferocious infantry columns and line up behind them. We are their foot soldiers and the grim manpower they need to fix the country. Serious men in their 40s-50s will be the respectable public face of reindustrialization, mass deportations.
I do not know who the writer is but believe what he says is possible, even probable. Our problems are obvious. We need strong men above all, and women; people who are brave and principled. The new technology coming on very fast today will support them if used well; it’s a weapon. My one word to those who will do this is be careful because your worst enemies have already infiltrated USA at all levels, including all elite levels. They will kill or disable you if they sense a threat. You must play their game and be every bit as ruthless as them. ABN
The virus remains. The virologist is leaving — Geert Vanden Bossche
More than five years of scientific resistance. No surrender, just a shift in priorities.
It has now been five and a half years since I first publicly expressed my disapproval of the mass vaccination against COVID-19 (C-19). I did so during the Vaccines Summit, a scientific conference in Ohio (USA), from March 1 to 3, 2021, with a keynote presentation entitled “Why should current C-19 vaccines not be used for mass vaccination during a pandemic?”.
At the end of this month, I will no longer be posting further contributions on my website. Voice for Science and Solidarity (VSS) will then have existed for more than five years and has been my outlet to bring my scientific objections to the mass vaccination against C-19 to the attention of colleagues and the general public. The website now contains numerous articles in which I describe, often in detail, the, in my opinion, harmful immunological consequences of this, in my view, insane mass intervention.
I have never deviated from my original assessment that the mass vaccination against C-19 would have disastrous consequences, not only for the general health and immunity of the population but also for individual people. In my book (‘The Inescapable Immune Escape Pandemic’) and in numerous articles on my website and Substack, I have explained how, in my opinion, this results from immune escape of the virus (‘immune escape’) and the reorientation of immune responses (‘immune refocusing’), which are directly ‒ in the case of mRNA vaccination ‒ or indirectly ‒ in the case of large-scale vaccination programs against C-19 in general ‒ promoted by these large-scale C-19 vaccination campaigns.
The current developments in what I call the ‘pandemic of immune escape’ (‘immune escape pandemic’) reinforce my conviction that the virus, under the prevailing immune pressure, will continue to evolve in massively C-19 vaccinated populations towards a variant that will ultimately and definitively break through this immune pressure. According to my analysis, this pandemic has, moreover, long since evolved from an acute to a chronic stage. The ongoing viral evolution occurs both through antigenic drift and through antigenic shift, whereby abrupt evolutionary jumps (‘saltation’) can lead to variants that, however different they may be from their predecessors, are capable of restarting viral transmission. I remain firmly convinced that the virus will eventually overcome the adaptive immune pressure, which continues to hinder virus spread.
Vanden Bossche has been a very important voice on covid. I wish him the best and hope we will be hearing from him again. ABN
The Charlie Kirk Killing: The Documentary — John Cullen
An advanced Alzheimer’s patient just REGAINED her memory, speech, mobility, AND bladder control after a SINGLE dose of psilocybin — Nicolas Hulscher
