??????????????……?A??

??

??????????2???????8??????(????? ?????)DeepSeek???????????????,???

???????,????????????????????????,????,????

  ???? ???????????????????????

“????‘???????’??”

?????????????(2??4??),?????,????????????????????MSCI??14%?,?????????????????????????28%?

2???????7?????????????????????,????(Peter Milliken)?????????????????????????,“?????????‘???????????????????’???????????????????A?????????????????????2024???,????”

???7????,???,???,???????????500???????

DeepSeek“?”???????????????

A?????????????????????

???????????????????????,??????DeepSeek??,?????“?????????????????????????”,???????????????????“?????????????”????,????

????,DeepSeek?????????????,???????????,??????AI???????????????????????,A?????????AI????????????????

“?????????????,??66%???”?????

???????,?,???????????????,2025??????????

??

?????????????,????????

???????,2025??????????,????????“????????????????????????????,???????????”?????????????????????2025???????????

????????,????,?,?????????A??????????????????

??,?,?????????????????,????

??,?,????????????????,???????????????????,????????????????????????????????(????)

??????:??????????????????????????

?????????

???????????????????……?A???????

????????