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DeepSeek, Deep State or Deep Pockets? Karen Hao on China’s AI Power Play

The David McWilliams Podcast

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Innovation and Creative Destruction in AI Development

This chapter explores the interplay of creativity, technology, and economics, focusing on how urgency and constraints propel innovation. Comparing young Chinese startups to established hedge funds, it highlights the concept of 'creative destruction' and how no tech hub is safe from change.

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