AI's Rise and the Fall of Titans

The Rise of DeepSeek

A new chatbot, DeepSeek, has shaken the AI industry with its exceptional capabilities at a fraction of the cost of its competitors. Investors fear the impact on the US AI boom, with tech giants like Nvidia, Microsoft, and Google facing significant losses.

Challenging the Monopoly

Experts believe DeepSeek's success highlights the stagnation and lack of innovation within US tech giants that have dominated the market for years. The absence of competition has led to overpriced valuations and a focus on superficial metrics rather than genuine advancement.

China's Technological Advance

DeepSeek, developed by a Chinese startup, has demonstrated that innovation is not limited to Western companies. With less than comparable resources, the chatbot has outperformed its rivals, raising questions about US technological superiority.

Richard Hunter of Interactive Investor warns that the emergence of DeepSeek could "put the cat among the pigeons" and prompt a reevaluation of AI spending.

The Government's Response

In a surprising move, federal agencies have blocked employees from using DeepSeek, citing national security concerns. However, critics suspect a more sinister motive: protecting US companies from foreign competition.

Lessons from History

Ryan Grim and Waqas Ahmed attribute the current tech sector's vulnerability to their monopoly status, which stifled innovation. Lina Khan, a former FTC commissioner who warned of this risk, has since been replaced.

The US tech industry, once a global leader, has become complacent and lost its competitive edge.

DeepSeek's Capabilities

I decided to test DeepSeek's capabilities for myself. While previous chatbots have been known for inaccuracies, DeepSeek provided a remarkably accurate and detailed summary of my background and my books, including "The Great Paradox of Science."

"DeepSeek did not mention my latest book either. When I asked Bard and ChatGPT specifically about the book, they said that they had no information but here is what DeepSeek said in response to the prompt "What is the book "The Great Paradox of Science" by Mano Singham abou?"

The summary of my book was impressive, albeit flatteringly written. This raises questions about whether the flattery is inherent in DeepSeek's algorithm.

Try out DeepSeek for yourself before the US government attempts to shut it down.