Deepseek’s promise in China comes with a workforce warning: Goldman Sachs

Global broking firm Goldman Sachs has projected that artificial intelligence (AI) will provide a modest boost to China’s economy in the coming years, particularly with the introduction of domestic generative AI tools by DeepSeek, according to a report by the South China Morning Post.

In a research note released on Sunday, the New York-based financial institution stated that AI would begin to enhance China’s potential economic growth by next year.