Firms in Singapore eye DeepSeek benefits, but cautious about data security risks, AI biases [English]

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DeepSeek, a new generative AI model from China, has recently made waves in the tech industry, particularly in Singapore. While many companies are excited about the potential cost savings and efficiency improvements that DeepSeek promises, they are also expressing concerns about data security and the risks associated with using such technology. Major organizations, including banks and consulting firms, are taking a cautious approach, implementing strict guidelines that prevent employees from using generative AI tools like DeepSeek for work-related tasks until further assessments are conducted.

The excitement around DeepSeek stems from its ability to rival established AI models like those from OpenAI, but at a significantly lower training cost. Despite its potential benefits, experts warn that the model may not meet certain responsible AI standards, particularly regarding data retention and the handling of sensitive information. Some early tests have indicated that DeepSeek may avoid answering questions on controversial topics, raising concerns about biases and the model's overall reliability.

As companies weigh the advantages and risks of adopting DeepSeek, the Singapore government advises businesses to carefully evaluate the technology and its compliance with relevant laws. While some firms are already experimenting with DeepSeek, many are opting for a more cautious approach, ensuring that any AI tools they use do not compromise their data security or client trust.

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