Forbes February 1, 2025
Eric Siegel

The story about DeepSeek has disrupted the prevailing AI narrative, impacted the markets and spurred a media storm: A large language model from China competes with the leading LLMs from the U.S. – and it does so without requiring nearly the costly computational investment. Maybe the U.S. doesn’t have the technological lead we thought. Maybe heaps of GPUs aren’t necessary for AI’s special sauce.

But the heightened drama of this story rests on a false premise: LLMs are the Holy Grail. Here’s why the stakes aren’t nearly as high as they’re made out to be and the AI investment frenzy has been misguided.

Amazement At Large Language Models

Don’t get me wrong – LLMs represent unprecedented progress. I’ve been in...

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