AI will inevitably make some jobs redundant, but the benefits to society are far worth it, writes Paul Ormerod

The world of AI has gone through exciting times in the last couple of weeks.

The main event of course was the launch of the Chinese AI app DeepSeek. It looks very much like ChatGPT and almost immediately shot to the top of Apple Store’s downloads.

There are still some important questions around DeepSeek which remain unanswered. But it was developed at a fraction of the cost of ChatGPT.

The developer of ChatGPT, Open AI, launched a different product only this week. If the claims around it stand up to robust scrutiny, it could prove to be at least as significant as DeepSeek.

The new tool, “deep research”, put together reports which OpenAI says match the output of a research analyst. The company claims its tool is a significant step towards the goal of developing artificial general........

© City A.M.