Is the News About Artificial Intelligence for Real?

This week, a Chinese company named DeepSeek shocked the markets by claiming it had made huge advancements in Artificial Intelligence at a fraction of the cost and effort of the big tech giants in the United States. Is it too good to be true? Further, what would it mean for the average worker if the AI industry were able to expand even more rapidly than currently imagined? Will there be any jobs left? Or will our computers, tablets, smartphones and other devices put us all out of work?

In this Trading Perspectives, Sam Clement and John Norris discuss the startling revelations and practical implications from the news out of the AI sector this week.