[Post 575] What is DeepSeek? Low-cost AI model rattles markets

Summary

A low-cost AI model from Chinese startup DeepSeek had surpassed US rival ChatGPT in downloads from Apple's app store by Monday (Jan 27) after its free AI assistant was launched last week.

The new model's sudden rise sent global technology stocks crashing overnight, with leader Nvidia losing US$592.7 billion in market capitalisation, the biggest one-day loss for a Wall Street stock.

[Post 574] Johor Bahru's property boom: Are locals getting priced out?

Summary

Property prices in Johor Bahru have surged, with demand being driven by buyers from Singapore and China. It's forced some locals to look for options far from the city centre.

[Post 573] A Financial Advisor's Top Budgeting Tips For Chinese New Year | Money Mind | Finance

Summary

Chinese New Year doesn’t have to be tough on the wallet. A financial advisor shares how her top money-saving tip starts with spring-cleaning.  

[Post 572] Unlicensed Delivery Drivers On Our Roads: Why Are They On The Rise? | Talking Point | Full Episode

Summsry

In this episode of Talking Point, Diana Ser investigates the troubling rise of unlicensed drivers on Singapore's roads. As home delivery demand surges, more drivers are taking to the streets without proper credentials. Through insights from the logistics sector and authorities, Talking Point uncovers the dangerous consequences of having unlicensed drivers on the road and the risks they pose to public safety.

[Post 571] Gen Z Are Testing Work-Life Boundaries: How Flexible Can Hybrid Work Be? | Money Mind

Summary

Work-life boundaries when you’re working from home – what are the do’s and don’ts?

[Post 570] How I Make A Living Creating Customised Poetry For Strangers In Minutes | Money Mind | Poetry

Summary

How do you make a living as a typewriter poet? For Grace, it starts with three words and a piece of paper.

[Post 569] How China’s Humanoid Robots May Replace Its Shrinking Labour Force

Summary

China already leads the world in industrial robots, accounting for 52% of all new robots installed in 2022. Now, the focus is on humanoid robots powered by artificial intelligence (AI). These robots look and move like humans; and are capable of doing tasks just like us - or even better. 

Why is China betting big on robots? President Xi Jinping wants to boost the economy by focusing on new quality productive forces, which includes robotics, flying electric vehicles and biotech. With China’s shrinking labour force, could robots be the answer for future economic growth?