Richard Murphy sees in Deepseek a challenge not just to US AI, but to the very foundations of US capitalism...
"US capitalism has three core ideas at its heart. The first is that ownership is king. Protecting whatever is created from replication is the first tenet that it follows... Concentrating the power of ownership in the hands of a relatively few people is all US capitalism is about now.
"Second, as a result, secrecy prevails. The patent lawyer is the architect of business success in these enterprises... Massive barriers to entry for competitors are built and vigorously defended, completely contrary to the ideas of free markets.
"Third, the goal is to maintain this situation for as long as possible, allowing for the maximum extraction of profit from the consumer through extortionate rents. The consequence is that US capitalism is frequently bloated with high costs...
"In summary, then, big US business is inherently anti-competitive by nature, is monopolistic by choice, and is, in most cases, very likely to be grossly inefficient as a consequence... What Deepseek has really done is challenge this model."
https://www.taxresearch.org.uk/Blog/2025/01/28/is-deepseek-the-start-of-an-assault-on-the-whole-of-us-capitalism/
[#]deepseek #ai #capitalism #business
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@GeofCox this is ironic. Charles Dickens' spoke loudly against the USA and its culture of not accepting intellectual property ownership. If they liked something they copied it. He got very little from his writing over there as the market was flooded with knock offs.
Apparently a very similar approach taken in Japanese and Korean post WW2 tech industries
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@ronanmcd
Dickens' view was the norm in 19th century Britain - it is one of history's ironies that the US went from both the IPR rip-off capital of the world while fiercely protecting its own nascent industries, to fiercely protecting IPR while advocating free markets.
Plus, of course, IPR is the antithesis of free markets !
Trump's return to protectionism might be seen as a return to US dependence on a foreign industry - except of course with Chinese dominance replacing British..
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