Rise of DeepSeek and Open Source Implications

DeepSeek is a new large language model launched as an open-source alternative to proprietary AI systems like OpenAI's models. Created by a Hong Kong hedge fund, it reportedly cost $5.6 million to train and has demonstrated competitive performance while being significantly cheaper to operate. This transition to open-source models raises crucial discussions about the economic viability of proprietary systems, as open-source technology tends to attract developers and businesses. The broader implications for legal tech suggest that firms may benefit from more affordable AI solutions, as competition could drive down costs across the board.