Simply Economics

China’s AI Ambitions and Global Economic Shifts


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Explore the launch of China's DeepSeek AI platform and its potential to challenge U.S. tech dominance, reshaping global economic dynamics. Delve into the implications of avian flu on U.S. grocery prices amid trade talks, and examine Vietnam's economic challenges and opportunities in the face of geopolitical shifts. Plus, uncover the 'IKEA effect' in behavioral economics and its impact on consumer behavior and market strategies.

Sources:
https://www.koreatimes.co.kr/www/opinion/2025/02/805_391625.html
https://www.cnn.com/2025/02/08/business/tracking-us-food-prices-eggs-dg/index.html
https://vneconomy.vn/challenges-and-pportunities-for-vietnams-economy.htm
https://upstox.com/news/business-news/latest-updates/what-is-the-ikea-effect-in-behavioural-economics/webstory-144840/

Outline:
(00:00:00) Introduction
(00:00:39) Political economics of DeepSeek
(00:03:36) Tracking the price of grocery staples amid trade talks, avian flu outbreaks
(00:06:03) Challenges and pportunities for Vietnam’s economy
(00:08:48) What is the IKEA effect in behavioural economics?
...more
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