📉🤖 The AI industry is facing a seismic shift, and stock markets are feeling the impact, especially Nvidia, a leading AI chip company. Author Nassim Taleb suggests that the rise of Deepseek, a Chinese AI firm, could signal a major adjustment in the market. Taleb points out that Deepseek's cheaper and more efficient AI models may lead to a reality check for investors, who are now projecting reduced demand for power and hardware. "This is the beginning of an adjustment to reality," he stated, highlighting that the once-flawless perception of AI is now under scrutiny. With Nvidia alone losing nearly 600 billion in valuation last Monday, Taleb warns that the AI market could see losses two to three times greater than what has already occurred. He also criticized the investments flowing into AI firms, labeling them as "gray swans" due to their volatility and the lack of understanding from investors about the technology.