About the Author
Lisa Loud is an expert in fintech and blockchain innovation, with executive leadership experience at PayPal, ShapeShift, and other major tech companies. As Executive Director of the Secret Network Foundation, she champions privacy-preserving technologies in the blockchain space.
The views expressed here are her own and do not necessarily represent those of Decrypt.
DeepSeek’s recent markets-shaking AI breakthrough highlighted the contrasting tech innovation strategies of China and the United States, prompting many in the budding industry to reassess their assumptions about competition and progress.
China’s technological strategy has long been defined by a culture of relentless iteration. Unlike the West, where research breakthroughs are often protected by patents, proprietary methods, and competitive secrecy, China excels in refining and improving ideas through collective innovation.
This ability to rapidly iterate allows China to take existing technologies and push them toward their optimal form, making them more efficient, cost-effective, and widely accessible. DeepSeek’s R1 model being nearly as effective as OpenAI’s best, despite being cheaper to use and dramatically cheaper to train, shows how this mentality can pay off enormously.
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Author: Lisa Loud
