Re:DeepSeek just open-sourced its inference engine
by schneehertz on Tuesday October 20, 2026 @07:07AM
(#50164445)
DeepSeek can accomplish over 90% of tasks of equivalent value at one-tenth of the fully loaded cost of O/A, and this capability can further spread through open source. In my view, the IPO risk for O/A is no longer just a valuation discount, but a substantive challenge to its long-term business model as a high-margin foundation model provider.
In that scenario, even if global Token usage increases 100-fold in the future, that alone would not be enough to justify these foundation model companies being worth one or two trillion dollars.
Re:DeepSeek just open-sourced its inference engine
by stri8ted on Tuesday October 20, 2026 @12:29PM
(#50168895)
I think you are underestimating the value of that last 10%. Returns to intelligence are non-linear. The 80/20 has been true for over a year now, and it has not impacted the labs revenue.
In that scenario, even if global Token usage increases 100-fold in the future, that alone would not be enough to justify these foundation model companies being worth one or two trillion dollars.