Tianfeng International Securities analyst Ming-Chi Kuo said that after the release of DeepSeek-R1, there are two important new trends in the AI industry that deserve attention. Even without DeepSeek-R1, these two trends would eventually become apparent, but the emergence of DeepSeek-R1 has accelerated their occurrence. 1. As the marginal benefits of the scaling law slow down, AI computing power can continue to grow through optimized training methods and help discover new applications. 2. The significant drop in API/Token prices is beneficial to AI software/services and device-side AI, and accelerates the diversification of AI applications.