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DeepSeek

China’s AI Breakthroughs Show It Is Outcompeting Monopoly Capitalism

The Chinese company DeepSeek has made a major breakthrough in the development of artificial intelligence (AI), with the release of its deep learning model R1. As the Financial Times put it, “With DeepSeek, China innovates and the US imitates”. Until now, the West had deemed China incapable of innovation, and Western monopoly capitalism was considered the summit of technological development. China has quietly and gradually overcome not only crucial internal contradictions but, above all, impediments imposed by the West that sought to curb its development.

While China Uses AI To Benefit Humanity, The US Uses It To Wage War

In January, the Chinese tech startup DeepSeek stunned the world with the release of its R1 artificial intelligence model, which outperforms its major US-based competitors, at a fraction of the cost of development, requiring orders of magnitude less energy, and not relying on the latest and greatest semiconductors. The model is fully open source, and has been made available for free worldwide. The release of DeepSeek R1 led to an unprecedented drop in share price for several US tech giants, most notably chip-maker Nvidia, which has been attracting enormous investment on the premise that the future of AI relies on faster and better semiconductors.

Washington’s Fantasy Of A War Against China

The fragility of US power was clear when a small Chinese startup released the DeepSeek machine learning program. The US stock market Nasdaq shuddered, with technology stocks collapsing. This collapse is not a minor matter for the US economy. During the post-COVID-19 inflation (2021), foreign investors began to slow down their purchase of US debt. Then, after the US seized USD 600 billion in Russia’s foreign exchange assets (2022), many central banks moved their own holdings away from the long-arm jurisdiction of the United States. US Treasury bills languished.

US Tech CEOs Admit They Want AI Monopoly And ‘Unipolar World’

The CEO of Anthropic, a US AI company backed by Amazon and Google, argued that the government must impose heavy restrictions on China in order to maintain a monopoly on artificial intelligence technology. If the US government can block China from getting advanced semiconductors, we will “live in a unipolar world, where only the US and its allies have these models”, wrote Anthropic CEO Dario Amodei. Calling for more aggressive sanctions on China, Amodei warned, “Well-enforced export controls are the only thing that can prevent China from getting millions of chips, and are therefore the most important determinant of whether we end up in a unipolar or bipolar world”.

China’s Shocking DeepSeek AI Pops US Big Tech Monopoly Bubble

China is making enormous progress in the development of artificial intelligence technology, and it has set off a political and economic earthquake in the West. The stocks of US Big Tech corporations crashed on January 27, losing hundreds of billions of dollars in market capitalization over the span of just a few hours, on the news that a small Chinese company called DeepSeek had created a new cutting-edge AI model, which was released for free to the public. The UK’s leading newspaper The Guardian described DeepSeek as “the biggest threat to Silicon Valley’s hegemony”.

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Urgent End Of Year Fundraising Campaign

Online donations are back! 

Keep independent media alive. 

Due to the attacks on our fiscal sponsor, we were unable to raise funds online for nearly two years.  As the bills pile up, your help is needed now to cover the monthly costs of operating Popular Resistance.