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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 πŸ†

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 πŸŽ–

In contrast, most Western schools discourage competition, prohibiting public announcements of students' grades and rankings. The rationale is understandable β€” 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 β€” 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 β€” at least in video games, they can see how each player ranks 😡

Telling all students they are champions, regardless of performance, may seem kind β€” until you consider how quickly reality will shatter this illusion after graduation. Reality, unlike well-meaning school policies, does have public grades and rankings β€” 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 πŸ‡¨πŸ‡³
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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 πŸ†

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 πŸŽ–

In contrast, most Western schools discourage competition, prohibiting public announcements of students' grades and rankings. The rationale is understandable β€” 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 β€” 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 β€” at least in video games, they can see how each player ranks 😡

Telling all students they are champions, regardless of performance, may seem kind β€” until you consider how quickly reality will shatter this illusion after graduation. Reality, unlike well-meaning school policies, does have public grades and rankings β€” 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 πŸ‡¨πŸ‡³

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"Like the bombing of the maternity ward in Mariupol," he said, "Even before it hits the news, you see the videos on the Telegram channels." After fleeing Russia, the brothers founded Telegram as a way to communicate outside the Kremlin's orbit. They now run it from Dubai, and Pavel Durov says it has more than 500 million monthly active users. "There is a significant risk of insider threat or hacking of Telegram systems that could expose all of these chats to the Russian government," said Eva Galperin with the Electronic Frontier Foundation, which has called for Telegram to improve its privacy practices. Overall, extreme levels of fear in the market seems to have morphed into something more resembling concern. For example, the Cboe Volatility Index fell from its 2022 peak of 36, which it hit Monday, to around 30 on Friday, a sign of easing tensions. Meanwhile, while the price of WTI crude oil slipped from Sunday’s multiyear high $130 of barrel to $109 a pop. Markets have been expecting heavy restrictions on Russian oil, some of which the U.S. has already imposed, and that would reduce the global supply and bring about even more burdensome inflation. Following this, Sebi, in an order passed in January 2022, established that the administrators of a Telegram channel having a large subscriber base enticed the subscribers to act upon recommendations that were circulated by those administrators on the channel, leading to significant price and volume impact in various scrips.
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