Bloomberg Businessweek Deepseek's AI Disruption, Extreme Weather and Insurance
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Jan 28, 2025 Discover the disruptive force of DeepSeek in the AI landscape and its implications for existing companies. Delve into the financial strain climate change places on California’s insurance industry, driven by recent wildfires. Explore innovative recovery strategies and the importance of long-term resilience planning in the face of extreme weather. Learn how technology investments can navigate market volatility while addressing these pressing environmental challenges.
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DeepSeek's Disruption and AI Capabilities
- DeepSeek's AI model disrupts existing AI companies by lowering prices.
- However, it doesn't significantly advance AI capabilities, which still need improvement.
AI Model Cost Reduction vs. Performance
- The cost of AI models is decreasing significantly, with GPT-40 mini's price per token dropping 99% compared to GPT-4.
- Despite cost reductions, pursuing performance improvements remains crucial in AI development.
Buying Opportunity in AI
- The drop in NVIDIA's stock price presents a buying opportunity.
- Software players also offer buying opportunities due to cheaper model running costs.