Malte Mueller/Getty Images
This first appeared in the Planet Money newsletter. You can sign up here.
Last week, news spread that a Chinese AI company, DeepSeek, had built a cutting-edge chatbot at a fraction of the cost of its American competitors. It sent the stock prices of American tech companies plummeting.
But Microsoft CEO Satya Nadella put a happy…
Article Source
https://www.npr.org/sections/planet-money/2025/02/04/g-s1-46018/ai-deepseek-economics-jevons-paradox
