A shocking Chinese AI advancement called DeepSeek is sending US stocks plunging – CNN

Monopoly Round-Up: China Embarrasses U.S. Big Tech – Matt Stoller/BIG

“A Chinese firm called DeepSeek released an artificial intelligence model that is more efficient and just as good as American models. What does this breakthrough mean? Is this big tech’s Boeing moment?”

Among Qs this article raises: 1) Can a totalitarian country run by a communist party (China) develop and oversee competitive markets? 2) Could such markets be more competitive than those in a democratic republic espousing capitalism and tolerating a high degree on monopoly (the US)? 3) How durable, or fragile, would competitive markets be in these two political environments? 4) In the short and long run, which system would likely generate more technological innovation?

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