Deepseek is shaking the markets

Deepseek is shaking the markets.

Too early to tell how it will fully impact incumbents that spent tens of billions.

Too early to tell how it will fully impact US plans to invest hundreds of billions more.

One thing is certain. The prevailing belief that the US was far ahead of China in AI development is now put into question.

It will also force a rethinking of approach that many outside the US have known for a while: it should not cost so much to get where we are and to get where we are going.

All it took was an obscure AI research lab out of China run by a handful of 30- and 40-year-olds with an alleged $6 million budget... to set off what's shaping up to be a TRILLION DOLLAR wipeout on Wall Street today.

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