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A New Wave of AI Innovation: DeepSeek's Challenge to the Status Quo
Elevate Insights
February 03, 2025
Happy Monday everyone! Just when we thought the AI race was already determined by the major Tech giants, entering with big waves is none other than DeepSeek! More on this later in the Weekly Topic!
Daredevil - Stick [S01E07]
In other news, Waymo is expanding driving tech to at least 10 new cities in 2025. Lay’s potato chips joins mounting list of FDA food recalls. DOJ sues to block HP Enterprise from buying Juniper Networks
⤵️ In this week’s insight:
Weekly Highlights
The surprising data on AI and unemployment rates | Joseph Politano
Digital Tool of the Week
A Platform for creating PowerPoint presentations
Weekly Topic
A New Wave of AI Innovation: DeepSeek's Challenge to the Status Quo
🗣 Quote of the Week
“Success is the sum of small efforts, repeated day in and day out."
🔎 Weekly Highlights
This week’s highlight is from Joseph Politano
Summary
AI is not significantly increasing unemployment rates as expected; despite fears of job loss due to AI tools like ChatGPT, U.S. unemployment has remained steady and even near record highs.
While AI may displace certain jobs, it also creates new employment opportunities, with many businesses reporting increased staffing levels due to AI integration, reflecting a positive view on job creation.
Concerns have shifted from blue-collar roles to white-collar jobs, with the focus now on potential vulnerabilities in office and business environments, emphasizing the importance of addressing current unemployment rather than speculating on future impacts of AI.
💸 Assets & Commodities
If you’re one of the few dedicated to this portion of the newsletter. I would like to apologize for not double-checking a detail. Last week or two I have mistakenly been using 1Y instead of YTD naively thinking they were the same. I have since corrected this mistake.
📬 Weekly Trivia
The Simpsons - How the Test Was Won [S20E11]
Q. Who is considered the "father of AI" and co-authored the famous paper, "Computing Machinery and Intelligence"?
The trivia answer is at the bottom of this week’s insight
🔗 Elevate Sphere
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