https://www.zerohedge.com/technology/chinas-deepseek-bombshell-rocks-trumps-500bn-ai-boondoggle
"Here's how technology expert Adam Button summed it up:
'Imagine we're back in 2017 and the iPhone X was just released. It was selling $999 and Apple was crushing sales and building a wide moat around its ecosystem.
Now imagine, just days later, another company introduced a phone and platform that was equal in every way if not better and the price was just $30.
That's what unfolded in the AI space today. China's DeepSeek released an opensource model that works on par with OpenAI's latest models but costs a tiny fraction to operate ..'"