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Yanis Varoufakis on Cloud Capital vs AI: DeepSeek, Technofeudalism, Capitalism and the New Cold War

In this video, Yanis Varoufakis delves into the seismic developments of January 2025, spotlighting the transformative impact of DeepSeek—a groundbreaking Chinese AI company that has sent shockwaves through the global tech and financial landscapes. By releasing free, open-source AI models, DeepSeek has not only disrupted the American stock markets but has also outperformed proprietary giants like OpenAI's GPT-4, challenging the very foundations of the AI industry. Varoufakis unpacks the far-reaching implications of this upheaval, framing it within the context of techno-feudalism. He critiques the monopolistic "cloud capital" models typified by Amazon's Alexa, contrasting them with the democratizing potential of commodified AI services such as ChatGPT. The discussion extends into the geopolitical arena, analyzing the intensifying tech rivalry between the United States and China and what it signals for the future of global power dynamics. 00:00 Introduction and Overview 00:11 DeepSeek's Impact on AI and Stock Markets 00:56 The Open Source Revolution 02:35 The Fall of AI Commodities 03:32 Cloud Capital vs. AI Commodities 04:22 Alexa vs. ChatGPT: A Comparison 06:04 The Rise of Techno Feudalism 06:51 The New Cold War: US vs. China 08:26 Conclusion and Future Speculations SUPPORT US --------------------- Join DiEM25: https://diem25.org/join​ Donate to DiEM25: https://diem25.org/donate Subscribe: https://www.youtube.com/c/DiEM25official #ai #chatgpt #deepseek

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