Episode Summary
China and the Open Source movement have kicked the AI market’s butt! Tim discusses the recent release of DeepSeek, an open-source AI model from China that has disrupted the market, wiping off $1 Trillion from the stock market.
He emphasises the growing dominance of open-source AI, the need for businesses to avoid long-term contracts with AI providers, and the importance of building ecosystems around AI models rather than committing to expensive proprietary solutions.
Tim also addresses the market’s reaction to the rise of cheaper AI alternatives and critiques the narrative that regulations stifle innovation, arguing instead that innovation thrives under constraints.
Join the conversation now because it’s getting HOT in the world of AI!
References and Citations
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DeepSeek: Tech firm suffers biggest drop in US stock market history as low-cost Chinese AI company bites Silicon Valley
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How the energy market, not mentioned, has been badly impacted
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Nebuli’s Nano AI Workspace that Tim mentioned
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Leaked Documents — OpenAI Has a Very Clear Definition of “AGI” — It’s Not Intelligence
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Generative AI is Damaging Children’s Mental Health and Safety in the Age of “Brain Rot”
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Meta Destroys Closed AI Models with Llama 3.1
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Can DeepMind’s Nobel-Prize Boost DeepTech Businesses?