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How will China help developing countries promote AI?

  • DeepSeek Chatbot, developed by China, has outperformed ChatGPT in downloads, significantly impacting the global tech market and wiping billions off its value.
  • Goldman Sachs predicts a boost of 20 to 30 basis points to China's GDP by 2030, highlighting AI adoption's potential to improve productivity starting next year.
  • DeepSeek's success is prompting local governments in China to automate governance with its technology, while companies across various sectors aim to integrate it for better efficiency.
  • While AI may create job losses, Goldman Sachs argues that less than 3% of jobs are at risk from automation in China compared to 14% in the U.S.
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South China Morning Post broke the news in Hong Kong on Thursday, February 20, 2025.
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