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Happy Chinese New Year!

Following the success of the Chinese startup DeepSeek, many are surprised at how quickly China has caught up with the US in AI. However, China’s progress in algorithmic efficiency hasn't come out of nothing. Chinese students have long outperformed others in math and programming at international olympiads 🏆

When it comes to producing outstanding performers in math and science, China's secondary education system is superior to that of the West. It fosters fierce competition among students, a principle borrowed from the highly efficient Soviet model 🎖

In contrast, most Western schools discourage competition, prohibiting public announcements of students' grades and rankings. The rationale is understandable — to protect students from pressure or ridicule. However, such measures also predictably demotivate the best students. Victory and defeat are two sides of the same coin. Eliminate the losers — and you eliminate the winners ☯️

For many students, motivation to excel in high school comes from treating it as a competitive game, striving to rank first against strong opponents. Removing transparency in student performance can make school feel meaningless for ambitious teenagers. It’s not surprising that many gifted kids now find competitive gaming more exciting than academics — at least in video games, they can see how each player ranks 😵

Telling all students they are champions, regardless of performance, may seem kind — until you consider how quickly reality will shatter this illusion after graduation. Reality, unlike well-meaning school policies, does have public grades and rankings — whether in sports, business, science, or technology. AI benchmarks that demonstrate DeepSeek's superiority are one of such public rankings. And more are coming. Unless the US secondary education system undergoes radical reform, China’s growing dominance in technology seems inevitable 🇨🇳
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Happy Chinese New Year!

Following the success of the Chinese startup DeepSeek, many are surprised at how quickly China has caught up with the US in AI. However, China’s progress in algorithmic efficiency hasn't come out of nothing. Chinese students have long outperformed others in math and programming at international olympiads 🏆

When it comes to producing outstanding performers in math and science, China's secondary education system is superior to that of the West. It fosters fierce competition among students, a principle borrowed from the highly efficient Soviet model 🎖

In contrast, most Western schools discourage competition, prohibiting public announcements of students' grades and rankings. The rationale is understandable — to protect students from pressure or ridicule. However, such measures also predictably demotivate the best students. Victory and defeat are two sides of the same coin. Eliminate the losers — and you eliminate the winners ☯️

For many students, motivation to excel in high school comes from treating it as a competitive game, striving to rank first against strong opponents. Removing transparency in student performance can make school feel meaningless for ambitious teenagers. It’s not surprising that many gifted kids now find competitive gaming more exciting than academics — at least in video games, they can see how each player ranks 😵

Telling all students they are champions, regardless of performance, may seem kind — until you consider how quickly reality will shatter this illusion after graduation. Reality, unlike well-meaning school policies, does have public grades and rankings — whether in sports, business, science, or technology. AI benchmarks that demonstrate DeepSeek's superiority are one of such public rankings. And more are coming. Unless the US secondary education system undergoes radical reform, China’s growing dominance in technology seems inevitable 🇨🇳

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The picture was mixed overseas. Hong Kong’s Hang Seng Index fell 1.6%, under pressure from U.S. regulatory scrutiny on New York-listed Chinese companies. Stocks were more buoyant in Europe, where Frankfurt’s DAX surged 1.4%. "There are several million Russians who can lift their head up from propaganda and try to look for other sources, and I'd say that most look for it on Telegram," he said. A Russian Telegram channel with over 700,000 followers is spreading disinformation about Russia's invasion of Ukraine under the guise of providing "objective information" and fact-checking fake news. Its influence extends beyond the platform, with major Russian publications, government officials, and journalists citing the page's posts. "And that set off kind of a battle royale for control of the platform that Durov eventually lost," said Nathalie Maréchal of the Washington advocacy group Ranking Digital Rights. Investors took profits on Friday while they could ahead of the weekend, explained Tom Essaye, founder of Sevens Report Research. Saturday and Sunday could easily bring unfortunate news on the war front—and traders would rather be able to sell any recent winnings at Friday’s earlier prices than wait for a potentially lower price at Monday’s open.
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