Jason On Firms Podcast cover image

Jason On Firms Podcast

411 6 Ways China’s Deepseek-R1 Impacts Accounting AI

Feb 3, 2025
Discover how China's DeepSeek R1 model poses a challenge to established AI technologies and its geopolitical implications. The conversation delves into the effects of open-source AI on the accounting profession, highlighting regulatory hurdles and security concerns. Explore the intersection of advanced AI and global competition, particularly its influence on industries like pharmaceuticals. Lastly, see how AI tools could revolutionize accounting workflows by automating routine tasks, urging professionals to embrace this transformative shift.
34:57

Podcast summary created with Snipd AI

Quick takeaways

  • The introduction of the open-source DeepSeek R1 model challenges the dominance of OpenAI, sparking significant geopolitical and economic implications in AI development.
  • As nations prioritize domestic AI solutions and protective policies evolve, the accounting industry may see more tailored yet complex technology integration challenges.

Deep dives

DeepSeek R1 Model and Its Impact

The DeepSeek R1 model, introduced by a Chinese company, represents a significant advancement in AI technology akin to OpenAI's best models. This new reasoning model analyzes problems before providing responses, offering performance that challenges the previously unassailable dominance of OpenAI. Notably, DeepSeek has made their model open-source, allowing for widespread access and potential for community-driven development, which stands in stark contrast to OpenAI's shift towards a more closed and profit-focused approach. This transition to open-source AI from a competitor has set off alarms in the U.S., prompting governmental discussions and investments into AI infrastructure to counter the emerging competitive threat.

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