Episode Details

Chat GPT, Claude; meet your FREE rival.

Season 2 Episode 177 Published 2 months, 4 weeks ago

Description

A Chinese startup called Moonshot AI has released Kimi K3 - the world's largest open source AI model, and it's already rivaling the AI tools we all use every single day. It's cheaper, it's fast, and it's backed by the Chinese government. So why is this making investors panic? In today's episode we break down what Kimi K3 actually is, why "open source" AI could mean the end of paying for ChatGPT and Claude subscriptions and whether this is the moment the AI bubble finally pops

Plus: the UK's political chaos and why the stock market has become impossible to invest in, the oil price spike driving up your grocery bill, and a Curve Hotline question from a listener on maternity leave asking how to keep investing on a reduced income.

Submit your money and morals question to The Ethical Hotline: https://form.typeform.com/to/BZHujjGM and if you want to check out any of the questions we've already answered you can find them here! (https://pathfinder.kiwi/pathfinder-x-the-curve/)

WTF does that mean? A guide to all the jargony bits:

Kimi K3 — Free, open-source Chinese AI model now rivalling Claude/ChatGPT.

AI bubble — Fear that AI stock prices are overhyped and could crash.

ETF — A bundle of many stocks in one investment — easy diversification.

FTSE 100 — UK's top 100 listed companies (our S&P 500).

Fiscal headroom — The gap between what govt earns vs. spends.

3 govt levers to close that gap: print money (→ inflation), raise taxes (VAT, National Insurance, GST), or borrow via bonds.

Brent Crude — Global benchmark oil price.

Credits:

Hosts: Victoria Harris & Sophie Hallwright

Editor: Kate Callaghan

Producer: Emily Rigby