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This is a wakeup call to the American AI industry,
Leavitt said
Our view is that what happened with DeepSeek is actually bullish because it advances the move to artificial intelligence,
he said at the iConnections conference in MiamiThere'll be new companies that will use these tools and start hearing about that. And then another big advance comes along and that's how it's going to come. And there are going to be moments when people are going to doubt it like yesterday,
he told the audience of investment experts[A ... A] lot of these open-source apps, open-source models, you can actually sort of use them directly on other platforms. Perplexity is a major U.S. AI company, and they're currently using a version of DeepSeek that you can use that doesn't have the data privacy or security threats,
he told CBS News
More and more people will use it, and that will open the door to more and more personal data just being given away to the [Chinese Communist Party] and being sent basically to mainland China to be able to inform them of their activities,
Burley told CBS NewsWhat they'll use it for is behavior change campaigns, disinformation campaigns, for really targeted messaging as to what Western audiences like, what they do,
he addedI think it's incumbent on Western governments — the U.K., Canada, the U.S. — to look and see if it is wise for the Apple store and the Android store to host this large language model when it is so clearly being curated to push Chinese narratives and censorship,
he said
This is a 10- to 20-year theme. It's gonna affect everybody in how they conduct their lives, how they do their business,
Cohen said at iConnections Global Alts conference Tuesday
It's going to be episodic. It's not going to go in a straight line. There'll be advances, and then it goes quiet,
Cohen said
What makes Monday's tech selloff so jarring is that the valuations of many of these AI and tech companies offer no margin of error,
said David Bahnsen, chief investment officer at The Bahnsen Group
It's been said that Chinese generative AI might be about five years behind, but that turned out to be wrong and it seems to be on a fairly good track,
Taira said,We will obviously deliver much better models and also it's legit invigorating to have a new competitor!,
Altman, the head of the AI firm behind ChatGPT, said in a social media postIt's clearly a sell first, ask questions later approach, and we've actually seen that kind of move in the past in Japan,
said Kei Okamura, a portfolio manager at Neuberger Berman, referring to a global market meltdown in August headlined by Japan's NikkeiWe're still, like many investors, gathering information,
said Neuberger Berman's Okamura, notingHe's following a policy of containment, and fragmentation, a sort of U.S first policy, which means 'let's starve the Chinese of chips that allow them to develop as fast as we can develop',
Mousavizadeh said
What China just needs to do is develop chips that are good enough,
Mousavizadeh saidIf China is catching up quickly to the US in the AI race, then the economics of AI will be turned on its head,
warned Kathleen Brooks, research director at XTB, in a note to clients
If we are to counter America’s AI tech dominance, DeepSeek will definitely be a key member of China’s ‘Avengers team,’
he said in a video on Weibo
They are also aware that Chinese firms have been taking for free lots of open-source tech to advance, ... but they want to create their own, contribute, and prove that their tech is good enough to be taken for free by foreign firms — some nationalism, some engineering pride.”
Xu, the former senior director for global expansion at GitHub, said Monday in a post on X
The Chinese companies are able to watch the innovations, make some themselves and then do better engineering,
Lee, a former president of Google China, said at a conference in Saudi Arabia in October