Shark Tank entrepreneur Kevin O’Leary has a harsh warning for cell phone users, in light of the massive tech stock selloff earlier this week.
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- Stocks plummeted early Monday morning.
The stock market crumbled early Monday morning, amid fears a Chinese startup developed an AI model that seems to be able to do anything its U.S.-based counterparts can – at a fraction of the cost.
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But businessman O’Leary says that’s only the first shot in an ongoing battle.
He warned: “Make no mistake, America is in a technological arms race with China, as it was with the Soviets, decades ago. And it is past time to focus America’s incredible economic, creative and industrial strength on winning the AI war.”
O’Leary, who has a wide portfolio of technological-based companies, said in this day and age, artificial intelligence translates to military supremacy, and whoever commands the best AI will win wars in the future.
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“If China is able to create more intelligent, faster and cheaper AI models than the US, they can use that to develop more effective weapons too.”
Technology stocks shed over a trillion dollars worth of value.
Last week Chinese artificial intelligence startup DeepSeek unveiled a new chatbot that it says can do whatever Google and Open AI can do for much less money.
For example, DeepSeek said one of its latest AI models cost just $5.6million to train. Meanwhile, OpenAI’s GPT model cost more than $100million to train.
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But O’Leary warns the foreign program poses an immediate threat to America’s security.
He wrote: “The American people have to be on their guard. If you download the app, you better ask who’s watching and who’s listening. From what I can tell, it scrapes your emails and personal data.”
* Original Artic;le:
\https://radaronline.com/p/shark-tank-kevin-o-leary-warning-american-smartphone-china-global-ai-war/
