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TSMC's co-CEO stated that the company is taking a 'conservative' approach to applying AI in technology development.

As the yield on UK long-term government bonds rises to its highest level in decades, the Bank of England may soon stop selling the long-term gilts it purchased during the financial crisis and the COVID-19 pandemic. Officials from the Bank of England, the UK Treasury, and the UK Debt Management Office have drafted relevant plans, but the final decision is still pending from the Bank of England. Market participants expect that over the next 12 months, starting in October, the Bank of England will slow the pace of its balance sheet reduction to £50 billion per year. This means that the scale of active bond sales will remain around £20 billion. However, long-term gilts only account for about 20% of the current active bond sales by the Bank of England, so even if sales are halted, the overall impact on the pace of balance sheet reduction will be relatively limited. (The Daily Telegraph)

In a recent interview with Dongcha Beating AI, DeepSeek operator engineer Liu Sheng discussed the impact of AI on his work. He stated that he authored the main Attention operator for DeepSeek V4.1, but given the current pace of advancements, it is likely that within six months to a year, AI will reach or even exceed his level in writing operators. A year ago, AI could only assist him in checking documents, reading code, and finding bugs; now it can read CUDA, PTX, and SASS, analyze the pause time of each instruction, and independently optimize operators. He anticipates that the next step for AI will be to design scheduling schemes, evaluate performance, and complete implementations on its own. He is acutely aware that the better he optimizes the operators, the faster the training and inference of the DeepSeek model will be, and AI will catch up to him even more quickly. However, even if he stops now, models from other companies will not. Therefore, he will continue to strive to make the operators the best they can be, even though this competition may ultimately threaten his own position. He believes it is unlikely he will become unemployed, but he may be forced to 'transition' from writing operators himself to becoming a 'mecha pilot' who manipulates agents. What he finds truly difficult to accept is not the disappearance of his job, but the possibility of never having the chance to do the work he loves again: 'I have to bury my talent in the past.' The article also discusses why he remains at DeepSeek. He advocates that cutting-edge AI should be made available openly and affordably to everyone, and he openly expresses doubt that companies like Anthropic or OpenAI can achieve this. He worries that the most powerful AI will ultimately be controlled by a few companies, further widening the technological gap into a disparity of power and class.