????????……????????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??????

????????