?????????????……??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????

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

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