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Will Moonshot’s AI bring Silicon Valley back to earth?
Description
A new AI model from Chinese startup Moonshot has put pressure on Silicon Valley-backed tech titans. Meanwhile markets have taken notice, with downturns on the South Korean KOSPI.
Could these sorts of tech moves in China, drag the highly valued Space X, Nasdaq and more - back down to earth?
And here in Australia, where the national property conversation carries on, could a lack of housing supply be keeping downsizers from finding new homes? Might stamp duty be part of the problem?
Daniel Ziffer and ABC Chief Business Correspondent Ian Verrender break it all down on ABC Business Daily.
Got a burning business question?
We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to the team at abcbusinessdaily@abc.net.au and we'll attempt to answer it.
Daniel Ziffer and GUEST break it all down on ABC Business Daily.
Got a burning business question?
We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to the team at abcbusinessdaily@abc.net.au and we'll attempt to answer it.