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UPS has reported that the latest advances in China’s artificial intelligence (AI) technology will increase the profits of the AI-intensive financial sector, as the Deepseek exemplifies.
Craig Gao, a financial analyst of UPS Security, said that the brokerage industry could increase net profits by 8 per cent, with every 10 per cent of the labor costs brought by AI, and said, “Wednesday, said,” Wednesday. “
Swiss Bank expects the estimates of brokerage and insurance shares up to 21 and 18 percent respectively this year.
“AI is basically disrupted, especially (the big language model)-for extreme jobs,” CAO said. “The financial sector is at the forefront of language -based roles compared to businesses throughout the industry.”
An open-rational model Deepseek-R1, published by Hangzho-based starting on January 20, has created waves in China and abroad because it has shown capabilities comparable to samples of Opanai, anthropology and Google, but are significantly low.
Although the current implementation rate of the production AI is less than 10 percent in all industries, CAO said the use of use in financial institutions was 37 percent in a total of 2023 and 2024.
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