SBS On The Money: Implications of China's DeepSeek for AI and Tech Stocks
SBS
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Details
- Date Published
- 28 Jan 2025
- Priority Score
- 2
- Australian
- Yes
- Created
- 8 Mar 2025, 02:41 pm
Description
Claims of a cheaper and more efficient AI tool out of China have sent shockwaves through global markets so SBS Finance Editor Ricardo Gonçalves speaks with Dan Ives from Wedbush Securities and Jamie Hannah from VanEck to find out what it means for the future of artificial intelligence, the impact…
Summary
The launch of China's DeepSeek, billed as a more affordable and efficient AI tool, has significantly impacted global markets, particularly affecting AI and technology-related sectors. Discussions with experts Dan Ives and Jamie Hannah highlight how DeepSeek could reshape the landscape for AI development and influence technology companies, especially those involved in chip production. While the article does not specifically address existential or catastrophic AI risks, it underscores the broader economic implications of advancements in AI technology. The focus on global market impact suggests relevance to AI governance and economic considerations, although it lacks depth on safety or catastrophic AI risks.
Body
SBS On The Money: What China's DeepSeek means for AI and tech stocksPlay15:54On the MoneySource:Getty/Getty/SBSSBS On the MoneyView Podcast SeriesGet the SBS Audio appOther ways to listenApple PodcastsYouTubeSpotifyListnrDownload (14.56MB)Claims of a cheaper and more efficient AI tool out of China have sent shockwaves through global markets so SBS Finance Editor Ricardo Gonçalves speaks with Dan Ives from Wedbush Securities and Jamie Hannah from VanEck to find out what it means for the future of artificial intelligence, the impact on chip companies and the broader technology sector.Listen to Australian and world news, and follow trending topics withSBS News Podcasts.ShareLatest podcast episodesUS recession fears send technology stocks tumbling & petrol prices set to fall"Trumpcession" fears & rental affordability worsensTropical Cyclone Alfred costs & oil at a 3-year lowNAB's Alan Oster reflects on 32 years as Chief Economist & GDP per capita recession endsRecommended for youWho will feel the heat? The suburbs in Australia most at risk from extreme heat revealedclimate changeVolodymyr Zelenskyy signs deal with UK amid fallout from fiery clash with Donald Trumprussian invasion of ukraineQueensland faces Alfred's 'second phase', as Lismore braces for 'entirely different game'weatherInvestigations continue into the deaths of Gene Hackman and wife Betsy Arakawacelebrity deaths'Totally unprecedented': The potential consequences of the Trump-Zelenskyy clashinternational relationsTropical Cyclone Alfred forecast: What to expect over the coming daystropical cyclone alfredAustralians warned of new 'hijacked' pop-up SMS scam that can disable phonesscams'Outgrown Ramadan': Fears Australia's biggest food market has lost its rootsramadan