Silicon Valley Is Raving About a Made-in-China AI Model
"DeepSeek said training one of its latest models cost $5.6 million, compared with the $100 million to $1 billion range cited last year by Dario Amodei, chief executive of the AI developer Anthropic, as the cost of building a model." That step-change reduction in cost is an outcome of widespread competition and the freedom to innovate. Could we experience similar step-changes in the electricity sector? Not in today's sector, but if states' allow for the creation of "Consumer Regulated Electricity" or CRE, we will experience the wonders of competition and innovation which the sector hasn't seen in over a century.
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