Tuesday, January 28, 2025

Stocks Deep Sunk ..and other news

We had the big AI stock market correction yesterday. Thanks to the emergence of the Chinese company DeepSeek. Though, given how overpriced things were becoming, I think the Chinese AI provided more of an excuse for the correction than the impetus. I'm no expert though, and we'll see what happens today.

I'm mainly posting as this story comes as part of a raft of stories running today that come with the sense of mood shift. Or, at least a coalescence of where things have been heading.


Above is today's BBC News homepage. The main story is the China AI story - a story that marries the very now themes of China, AI and Trump. This is supplemented with a link to the live running debate about assisted dying, and a prominent article about the Russian oligarch Roman Abramovich.

At the start of the Ukraine war Abramovich featured quite heavily. However, in the period since, talk of him (and his steel company Evraz) has dimmed down in the news pages. Now he's back, front and centre.


If we scroll down a bit, we then get another Russia/Ukraine story. Plus another very of the times story about a man benefitting from a brain implant. Welcome to the future. (Oddly we also have a story about '66 million year old vomit' being found in Denmark.)

I'm not sure where this is going, but it all has the feel of: "Okay, here we are. This is where we are now."

Back at the start of the Ukraine war I was a bit slow off the mark in getting my head around it. Now, in retrospect, I think I have a better handle on things. It's always easier in hindsight though. The challenge is getting a sense of things before they happen. Or at least as they happen.

More War? Less War? Where War? Wherefore?

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