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‘Sputnik moment’: $1tn wiped off US stocks after Chinese firm unveils AI chatbot
(www.theguardian.com)
this post was submitted on 27 Jan 2025
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What DeepSeek has done is to eliminate the threat of "exclusive" AI tools - ones that only a handful of mega-corps can dictate terms of use for.
Now you can have a Wikipedia-style AI (or a Wookiepedia AI, for that matter) that's divorced from the C-levels looking to monopolize sectors of the service economy.
It’s been known for months that they were living on borrowed time: Google “We Have No Moat, And Neither Does OpenAI” Leaked Internal Google Document Claims Open Source AI Will Outcompete Google and OpenAI