I have been hearing the Chinese economy will crash for decades now. Maybe it will.
The US sanctions on Chinese AI seem to backfire. We are screwed. Around 15 years ago some guy from South Africa jaywalked in China. Facial recognition SW caught him fined him and took the fine out of his bank account.
Now?
https://youtu.be/yEkAdyoZnj0Why China is racing ahead in AI, and in everything else: their whole economy is open source
Tech industry insiders are shocked at China's rapid progress in Artificial Intelligence, especially given our export bans on the fastest semiconductors.
In the most recent development, DeepSeek introduced their AI model that outperforms the ones developed by Facebook (Meta) and ChatGPT (OpenAI).
DeepSeek's model was developed with less than 9% of the computing hours thought necessary to build such a rich model, and at an astonishing cost of just $6 million.
https://www.axios.com/2025/01/17/deepseek-china-ai-model?utm_source=firefox-newtab-en-usStunning stat: Training V3 cost DeepSeek roughly $5.6 million, according to the company.
OpenAI, Google and Anthropic have reportedly spent hundreds of millions of dollars to build and train their current models, and expect to spend billions in the future.
AI pioneer Andrej Karpathy called DeepSeek's investment "a joke of a budget" and described the result as "a highly impressive display of research and engineering under resource constraints."