DeepSeek, he noted, uses open-source software. Yes, technically, part of it isn’t open source, but one of DeepSeek’s models is under the MIT License. As Stefano Maffulli, the Open Source Initiative (OSI) executive director, pointed out, DeekSeek’s models also fail to be open.
Still,”a small team in China took a fresh look at a problem and came up with a novel approach that reduced the cost of chain-of-thought reasoning by 50x (if DeepSeek’s postings are accurate) and then published a paper fully describing their process, allowing the community to benefit from their learnings,” Zemlin said. “We need MORE of this progress, not less.… This is a struggle over open markets between the forces of open and the forces of closed.”
That may be good for open source and for AI, but for our stock market, which is largely driven by AI, it’s another matter. The Magnificent Seven accounted for over 50% of the S&P 500’s gains in 2024. If they collapse, a good chunk of the market will follow.
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