Some people are calling it the Sputnik Moment. Sputnik was the name of the first artificial Earth satellite, launched by the Soviet Union on October 4, 1957. Sputnik’s successful launch shocked American leaders because they suddenly realized that the communist Soviet Union was far ahead of the United States in space technology. The impact led to the creation of NASA and the American space program. What is this new Sputnik Moment? China unveiled a new artificial intelligence program called DeepSeek. Wall Street investors were caught by surprise when DeepSeek’s founder said the company built a free, open-source large language model in two months and less than $6 million reduced-capability microchips. In other words, DeepSeek offers high performance using chips with less computational power, and the service is free to the public.
Rick Wiles, Doc Burkhart. Airdate 01/27/2025