Gordon Campbell On DeepSeek, And Chinas Inexorable Rise werewolf [Video]

The week’s big story has been about China’s DeepSeek low-cost AI model. Because DeepSeek requires fewer advanced chips, its advent has had a huge impact on the fortunes of US chip-making giant, Nvidia – which immediately lost $600 billion of its value, making that the biggest one day loss in the history of the US stock market.

Nvidia has since clawed back 5% of its prior value. Still, the advent of DeepSeek as a low cost market disruptor has been described by venture capitalist Mark Andreessen as “AI’s Sputnik moment” and if you don’t know what that means, ask your grandparents.

More to the point, DeepSeek is indicative of a wider trend. In everything from solar panels to electric vehicles to smartphone technology to social media apps to stealth fighter aircraft (hail the J-36!)to the global shipbuilding industry, China is either drawing level with the US in innovation, or is surpassing it. To date, …