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American capitalism just got a black eye

Summary by Alternet
Sorry to intrude on your inbox again today, but I thought you’d like to know why the stock market tanked this morning.Late last week, a little-known Chinese artificial intelligence start-up called DeepSeek revealed that it had come up with more advanced AI than America’s Big Tech companies, and at a tiny fraction of the cost — even without access to America’s advanced chip technology. To add insult to injury, DeepSeek has made its technology “op…
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