According to this article, Musk and Zuckerberg are promoting a version of free expression that defines censorship purely in terms of state action and is highly tolerant of censorship by private actors. It is also not in line with an approach to free speech in the EU. Bottom line? Economic interest.
Image: Cartoon Movement.
Electric vehicles (EVs) are reshaping global trade in transport equipment. By the end of 2023, EVs accounted for more than a third of all car imports in value terms. Full story here.
Image: South China Morning Post.
Wall Street is throwing tantrums on DeepSeek.
DeepSeek's R1 is a large language model (LLM), which is basically a cheaper, more efficient ChatGPT, built on a fraction of OpenAI’s budget and using fewer chips than any other leading chatbot.
DeepSeek has created a massive earthquake in the AI sector. Full story here.
Image: Mint.TikTok has become a new front in the rivalry between China and the United States. The US is now ready for a war against a foreign billion-user social media entity, which hosts approximately 170 million American users. This direct clash opens a new front in the ongoing US-China confrontation.
Now, the EU must respond. Full story here.
Image: The Jamestown Foundation.
US stocks dropped sharply on Monday (27 January) after DeepSeek, a Chinese artificial intelligence company released its latest version on 20 January. The company claimed its latest AI model was built at a fraction of the cost of industry-leading because it uses fewer advanced chips. Nvidia lost nearly $600 billion. - the biggest one-day loss in US history.
DeepSeek, a one-year-old startup, presented a ChatGPT-like AI model called R1, which has all the familiar abilities, operating at a fraction of the cost of OpenAI’s, Google’s or Meta’s popular AI models. The company said it had spent just $5.6 million on computing power for its base model. You can read here and here.
Image: Hedgeye
In 2015, almost all country in the world signed onto the Paris Agreement. It is a landmark international treaty under which 195 nations pledged to hold the Earth’s temperature to “well below 2 degrees Celsius above pre-industrial levels,” and aim to “limit the temperature increase to 1.5 degrees Celsius above pre-industrial levels.”
To hold long-term average temperature to below the 1.5-degree threshold, the world will have to reach net zero emissions by the year 2050.
The recent Los Angeles fires is an example of the irreversible impact of the 1.5-degree climate threshold breached. Further reading available here.
Image: CartoonStock.
Here are what the experts' insights on business trends this year:
According to this article, Musk and Zuckerberg are promoting a version of free expression that defines censorship purely in terms of state ...
