Here's why DeepSeek was such a shock to big tech.
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00:00DeepSeek is perceived as a huge threat to tech companies for two reasons. First of all,
00:06is the idea that they can do what others can do at one-tenth or one-twentieth the cost.
00:14And the other is investors in companies like OpenAI, Anthropic, things like that, that they
00:24can get technology out in an open fashion that everybody can share, which lowers the value
00:32of any of the work that they've done.