AI Rivals Will Continue to Do More with Less
The recent emergence of DeepSeek, a Chinese start-up that claims to have built a platform on par with ChatGPT for a fraction of the cost, has sent shockwaves through the investment world. Nvidia stock has plummeted, with its market capitalization dropping by almost $600 billion. However, experts argue that DeepSeek's success is not a threat to Nvidia's dominance, but rather a testament to the innovation and efficiency of AI rivals. According to Alexandra Mousavizadeh, CEO of Evident, an AI consulting firm, DeepSeek's ability to achieve more with less is a driver of innovation, and the company's authentication system is connected to China. The AI training dataset market is growing rapidly, fueled by the rise of machine learning and artificial intelligence, as well as technological advancements that enable the generation of vast amounts of data. The global AI training dataset market was valued at $1.4 billion in 2021 and is projected to reach $9.3 billion by 2031, growing at a CAGR of 21.6% from 2022 to 2031. ### AI Regulation and the Global Power Struggle
The Paris AI summit laid bare a global power struggle over AI, with Europe wanting strict rules and public funding, China expanding state-backed AI, and the U.S. going all-in on a free-market approach. Vice President JD Vance warned global leaders and tech CEOs that excessive regulation would kill the rapidly growing AI industry. The Trump administration will ensure that AI systems developed in America are free from ideological bias, and the U.S. will never restrict its citizens' right to free speech. China signed the international document, further widening the distance between America and the rest in the tussle for AI supremacy. ### AI Impact on Jobs and Succession Planning
Research from Anthropic found that only 4 percent of jobs rely heavily on AI, with peak use in mid-wage roles. Mid-salary knowledge jobs in tech, media, and education are changing, while folk in physical jobs have less to sweat about. Workers in just four percent of occupations use AI for three quarters of their tasks. AI usage peaks in mid-to-high-wage occupations, notably IT, but it drops off at both extremes of the salary spectrum. Succession planning is part art, part science, and largely politics and bias. AI can improve the process and outcome by analyzing vast amounts of historical performance data, identifying hidden patterns, and uncovering diverse and high-potential candidates. ### Key Takeaways
- AI rivals will continue to innovate and achieve more with less, driving the industry forward.
- The global power struggle over AI regulation is intensifying, with Europe, China, and the U.S. taking different approaches.
- AI impact on jobs is significant, with mid-wage roles changing the most.
- Succession planning can be improved with AI, making leadership transitions smoother, fairer, and more effective.
Sources
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