CHINA’s first angpow (red packet) in the Year of the Snake – the DeepSeek AI software – has shaken Wall Street to the tune of nearly US$1 trillion in market capitalisation.
This reminds me of the classic game of Snakes and Ladders, where players roll the dice to go up via ladders and slide down snakes. There is an element of chance (dice-rolling) and uncertainty in its multiplayer form, just like there is no telling what new executive order US President Trump will sign. There are multiple events that can change things, like natural disasters to game-changers like DeepSeek, which could alter the whole AI tech wealth generation game.
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