China now has a strong tool to spur the adoption of artificial intelligence in the nation and accelerate economic growth thanks to DeepSeek’s unexpected appearance in the vast language model market.
Even though Goldman Sachs projects a 20–30 basis point increase in China’s GDP by 2030, the company anticipates that the country’s economy will begin to show the benefits of AI adoption as early as next year, as productivity gains due to AI-driven automation.
The Wall Street bank’s economists stated, “The recent emergence of DeepSeek… suggests faster AI development and adoption in China than we previously anticipated.”
Source (CNBC)
