The blogger who helped spark Nvidia’s $600 billion stock collapse and a panic in Silicon Valley
Jeffrey Emanuel says Wall Street banks that are bullish on Nvidia ‘have absolutely no idea what they’re talking about’
Last Friday afternoon, Jeffrey Emanuel sat down in his Brooklyn apartment and started writing a blog post. For hours, he pounded away on his keyboard while his wife kept their young children occupied and brought him food.
Emanuel worked late into the night, and by early Saturday morning he had written nearly 12,000 words.
Emanuel’s manifesto made the case for shorting the hottest company in the stock market.
MarketWatch 1 February 2025
Whatever AI’s “Sputnik moment” ultimately means for stocks, the boost to labor productivity may come sooner than expected.
In a post on Substack on Monday, Stony Brook University Professor of Economics and Public Policy Stephanie Kelton
shared what happened when she asked DeepSeek to create “a model and run a simulation to show the impact on Canadian GDP if the US imposes 25% tariffs on all exports from Canada to the US.”
She showed how DeepSeek reasoned, calculated and spat out its findings, which Kelton said were roughly consistent with results from experts at the Bank of Canada.
“I wonder how long it took the staff at the BoC to come up with their figures,” she wrote.
“It took Deepseek about 12 seconds.”
Jonathan Levin Bloomberg 31 januari 2025
https://www.bloomberg.com/opinion/articles/2025-01-31/goldman-sachs-knows-deepseek-affects-the-future-of-work
Stephanie Kelton och andra MMT-ekonomer anser att finanspolitiken är det bästa sättet att stabilisera ekonomin
Tillbaka till Rolfs länktips 1-2 Februari 2025
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