Pivot DeepSeek Shockwaves, Nvidia's Plunge, and Target's DEI Rollback
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Jan 28, 2025 The hosts dive into the chaos in Silicon Valley sparked by China's AI model, DeepSeek, causing tech stock jitters. Trump nearly ignites a trade war with Colombia, while Oracle's potential TikTok takeover raises eyebrows. Target's recent rollback of its diversity initiatives highlights shifting corporate priorities. They also explore the broader implications of massive tech investments and the evolving landscape of DEI efforts in the face of political pressures.
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Senior Living and Strip Clubs
- Kara Swisher considers moving her mother into a senior facility on Embassy Row.
- Scott Galloway jokes about buying a bungalow at a strip club.
The Business of Senior Care
- Senior care facilities have a high success rate due to consistent demand and lower perceived sexiness.
- The industry is disproportionately staffed by Filipinos, known for their caring nature.
DeepSeek Disrupts AI Landscape
- DeepSeek, a Chinese AI model, outperforms OpenAI and others at a lower cost, causing panic in Silicon Valley and Wall Street.
- This sent Nvidia stock plunging and questions the brute-force approach to AI development.