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DeepSeek Disruption: Shifting AI Paradigms
This chapter explores the rise of DeepSeek, a Chinese startup that has developed a cost-effective AI chatbot causing significant disruption in the financial markets. It examines the competitive dynamics between DeepSeek and established companies like OpenAI and Google, highlighting concerns over AI accuracy and industrial benchmarking. Additionally, the discussion addresses the implications of open-source models in democratizing AI access and innovation while critiquing the industry's focus on rapid growth.