Bloomberg Daybreak: Asia Edition cover image

Bloomberg Daybreak: Asia Edition

US Imposes 25% Metals Tariffs; A Look at China's AI Sector

Feb 11, 2025
Taosha Wang, a Portfolio Manager at Fidelity International, sheds light on China's booming AI industry and its global repercussions. She delves into how U.S. tariffs on metals may reshape market dynamics and international relations. The conversation highlights key players like Deepsea and discusses the tension between U.S. export controls and China's tech advancements. Wang navigates the broader implications of these developments, suggesting a complex interplay of competition and potential cooperation in the tech arena.
20:00

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • The recent 25% tariffs on steel and aluminum imports by the US may lead to significant shifts in domestic manufacturing strategies and pricing dynamics.
  • China's AI sector is rapidly advancing, driven by innovative startups and algorithmic improvements, positioning it as a major competitor to the US.

Deep dives

Meta's Open Source AI Advancements

Meta's Open Source AI model, Lama, is designed to democratize access to artificial intelligence, enabling scientists to uncover treatments for diseases. The model has lowered the barrier to entry, allowing more individuals and organizations to engage in AI research without needing substantial financial backing. This shift is significant as it encourages innovation across the field, moving beyond traditional tech hubs and facilitating diverse contributions from various sectors. Examples of its application include its potential use in biological discoveries, which could lead to breakthroughs in medical treatment strategies.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode