ALEX HOLROYD JONES: How DeepSeek might dethrone the dollar
If DeepSeek’s efficiency gains are verified, it is likely to lead to lower investment requirements and a flattening of tech barriers globally
17 February 2025 - 05:00
On January 27, DeepSeek, a China-made artificial intelligence (AI) model, shook the tech world, bringing a new AI chatbot to market at a fraction of the price of other key global players.
As markets continue to gauge the technological effect as well as its asset price implications, a key question emerges: could China’s technological breakthrough challenge US exceptionalism (the outperformance of US risk assets and the US dollar relative to global markets)? This is a scenario that merits consideration...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.