??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???????

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

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

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

??

??:???????????,??????????,??????????????