DeepSeek poses grave risk to US economy — unless we unleash American exceptionalism

If you believe the hype, something called DeepSeek, a Chinese artificial intelligence company, just leapfrogged the world.

It can do AI cheaper and better than established players like America’s Nvidia, which is why about $500 billion in market cap came out of the reigning AI king by noon on Monday.

It’s also why the tech heavy Nasdaq imploded more than 3% even before lunchtime.

I’m skeptical about the DeepSeek threat. I’m not saying it’s a deep fake, but I just don’t trust anything that comes out of China.

But DeepSeek is a warning, a stark one, for corporate America and policy makers in the Trump Administration.

The AI model it has developed may or may not be as good as the homegrown variety just yet, but what is undeniable is China’s intention to play hardball in the war for tech and economic dominance.

Unless American business and policy makers are ready to unleash the full force of American exceptionalism, we will lose.

Here’s some good news: Policy makers in the new Trump White House clearly understand this threat on multiple fronts.

The Trump Administration has set up an AI task force, led by techie David Sacks, to streamline regulatory burdens put in place by the Biden Administration — which was freaking out thinking AI would replace…