” IS THE US SPENDING TOO MUCH”?
Trump had likewise argued that the DeepSeek growth might be advantageous for US tech companies, claiming that they could” spend less” and” come up with a solution that will ideally work the same way.”
Wang noted that DeepSeek shook the industry and raised concerns about whether the US is spending too much.
Nvidia’s stock dropped nearly 17 % on Monday, erasing almost US$ 600 billion of its market value, making it the largest single-day loss for a firm on Wall Street.
” Is the US spending too much? Do we spend too much on files, or? Can we do this with less power? And that’s the proper inquiry, because we want to see how tech costs decrease over time, Wang said.
He also cited China’s electricity potential as an advantage over America’s.
” We’re talking about hundreds of gigawatts of coal-fired species. We’ve got little compact atomic reactor, and we’ve got nuclear reactor and water that are coming online, which makes China perhaps the lowest-cost supplier of energy in the future”, he added.
Silicon Valley has recently invested large sums of money in nuclear power projects to realize optimistic AI programs that require power-intensive data centers.
Given that it appears to have found a way to give AI at a fraction of the cost with open-source designs, Wang added, DeepSeek has also put stress on large tech companies to demonstrate their value success to customers.
” That’s what we’re all hoping for in the AI earth, because unlike the online right now, AI is closed, it’s centralised, it’s expensive, and there are few people”, he added.
” If we were trying to get an internet-level detonation, you need decentralised and open, you need cheaper, and a lot more people to be able to be in this design. What ( DeepSeek has ) shown is that this is possible”.