????:1??????????:????VX

2????????

3???????????

4???????

5?????????????

?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???

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

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

???:???