The Big Story Should we be concerned about DeepSeek A.I.?
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Jan 29, 2025 Graham Dobbs, a Senior Economist at the DAIS, Toronto Metropolitan University, dives into the whirlwind created by DeepSeek, a Chinese AI startup causing significant stock market shifts. He discusses its potential to rival giants like OpenAI with cost-effective chatbot technology. Privacy concerns echo throughout the conversation, reminiscent of TikTok's data security issues. Dobbs also analyzes how this emerging competitor affects Canada's tech landscape and the broader implications for the global AI innovation race.
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DeepSeek's Status
- DeepSeek is considered a potential competitor to OpenAI's ChatGPT.
- However, it's too early to definitively call it a full-fledged competitor.
DeepSeek's Cost Advantage
- DeepSeek's key differentiator is its significantly lower cost compared to other AI models.
- This cost advantage positions them as a threat to OpenAI's dominance.
Google's AI Model
- Google recently released its own economical AI model.
- However, it didn't gain as much attention as DeepSeek's, possibly because it's not open source.