Nithin Kamath, the founder and CEO of Zerodha, states that Deepseek is the latest example of China’s founder and CEO that Chinese AI model Deepseek creates international topics. Kamas stated that in the 1960s to the 1970s, India and China had almost the same GDP per person, giving a historical background on the two countries. “They (China) began reform in the 1980s and overtaken our GDP by 1990. You say what the difference between the world view and the economic model is. The latest examples of their scientific and technology.
China’s hedge fund’s high flyer -led Deepseek has launched two latest models a month and has exceeded the number of Apple’s App Store. Deepseek’s very low cost and performance details have become global headings, so the stocks of US chip manufacturers have decreased so much that they have wiped out more than $ 1 trillion from the market capitalization.
“I saw this chart in an article on the economist (the next tweet link). Despite the fact that the dissertation and quotes are set, it provides a quick and dirty idea about the progress of China. Kamas says.
He says that India has always been suffering from “short -termism.” “The problem is usually dealt with through patchwork and jugaad mentality. This applies to business, politics, regulation approaches, etc.. We have not progressed in my life.
KAMATH says that by purchasing a GPU, you can’t expect Indians to create groundbreaking AI applications. “Without an appropriate talent and an enabled ecosystem that promotes innovation, all the GPUs in the world will be meaningless.”