“The best of all monopoly profits is a quiet life,” observed the late British economist and Nobel laureate Sir John Hicks. But there’s no quiet life in artificial intelligence.
When Chinese startup DeepSeek recently demonstrated it could train world-class AI models using a fraction of the computing resources required by industry leaders, it revealed something crucial about competition in AI: dominance is more fragile than markets and regulators believed. Through clever…
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https://www.city-journal.org/article/deepseek-artificial-intelligence-monopoly
