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This week’s news that the Chatbot Deepseek application, developed by China, was downloaded from the APT Store app significantly more times than the chatgpt developed by the United States of Open AI, eliminated billions of the global technological market.
Leon Neal | Getty Images News | Getty images
Deepseek’s sudden splash in the space of large language models has given China a powerful tool to catalyze the adoption of artificial intelligence in the country and boost economic growth.
While Goldman Sachs nails an impulse of 20 at the base point of 30 Bases to the China GDP in the long term, by 2030, he hopes that the country’s economy will begin to reflect the positive impact of the adoption of AI from next year as promoted by AI automation improves productivity.
“The recent appearance of Deepseek … suggests a faster development and adoption in China of what we previously anticipated,” said Wall Street Bank economists.
The enthusiasm around Depseek is also being reflected in the acute rally in the actions of China, and the MSCI index rises more than 21% since its January minimum, according to LSE data.
The increase in Startup is causing a reevaluation of China’s “investment” after a prolonged period of limited attention, said Morgan Stanley in a note this week.
“Deepseek demonstrates that China is in or near the avant -garde of AI development, which drives the prestige of China’s economy and technology ecosystem, which makes them more attractive to global investors,” said Gabriel Wildou, managing director of Teneo.
The launch of the company of a cheaper and more efficient artificial intelligence model was an impulse of timely trust as Chinese leadership faces a prolonged economic gloom, partly due to the fall in its real estate market, while the Spectrum of a fierce commercial war with the US looms.
Deepseek’s R-1 reasoning model has been praised as to be able to match, or even superior performance, The main global offers of AI amounts to running with cheaper and less sophisticated chips. The open source model can also be reused by developers outside the company to significantly increase efficiency at a lower operating cost.
The startup has also shaken the ecosystem of the AF of China, with state entities, as well as large technological players, including competitors, taking advantage of their open source architecture.
“The scale and adoption speed (AI) (in China) is incredibly rapid at this time, and is not slowing down,” said Wei Sun, a principal artificial intelligence analyst in counterpoint investigation.
Beijing’s approval stamp
In a well choreographed meeting earlier this week, Chinese president, Xi Jinping, greeted the founder of Deepseek Liang Wenfeng and granted him a coveted front row seat with the leaders of the largest private companies in the country.
That showed that Beijing is anxious to support the company, said Huiyao Wang, founder and president of Centro de China and Globalization, a group of experts based in Beijing.
“Depseek represents exactly what Beijing is anxious to see with the ‘new quality productive force’ that will drive China forward,” Wang added, referring to a strategy coined by XI last year that bets on technological advances to profits fuel and productivity profits in all economics.
Chinese leadership last year promised “a leap forward” by stimulating new growth drivers Based on innovation in advanced sectorssuch as AI and semiconductors, as US export controls. In advanced equipment and the most advanced semiconductors frustrated their ability to make important technological advances.
With Beijing’s signaling support for the startup, a growing number of local governments, of Hohhot in northern China To the southern city of Guangzhou and Shenzhen, they are throwing themselves “Public Servants” Deepencies to automate governanceManagement of requests for administrative papers to general public services.
At least three State telecommunications operators have also adopted The avant -garde model in recent weeks.
Private companies have taken advantage of the new model To see how productivity can improve. Automobile manufacturers, financial services companies, smartphone manufacturers and cloud computing operators, including Alibaba, Huawei and Tencent, have rushed in recent weeks to integrate with Depseek.
“With Deepseek becoming a global family name in a matter of weeks Goujon, director, director, director at Rhodium Group.
Labor concerns
However, economists warned that the rhythm of adoption of AI must be “carefully administered” in China, which already faces a weak labor market and a high unemployment rate.
The effects of “work destruction” of AI, while increasing labor productivity, could exacerbate deflation and further weaken the economy, Goldman Sachs said.
The youth unemployment rate in China has remained above 15%, with more than 10 million newly graduated in the labor market every year. Job losses have been reported in recent years in the real estate sector, among public officials, and the financial sector.
However, compared to the US. 19% of total employment in the United States
The sectors that are more likely to adopt the automation of tasks promoted by AI, such as finance, insurance and services, constitute 14% of work in the United States, but less than 3% in China, according to estimates of the bank.
A bank study in 2023 found that 19% of American workers are in high exposure jobs Ai. That study used the term “exposure”, since it is not clear if the impact of AI will be positive or negative.
While the AI application can cause the number of displaced workers to increase in the short term, these workers will eventually find jobs in other sectors where work has a competitive advantage, which helps employ to grow again, Goldman said.
– Dylan Butts of CNBC, Evelyn Cheng, contributed to this report.