没有商业模式--DeepSeek最坚固的“护城河”

Core Viewpoint - DeepSeek's unique advantage lies in its lack of a commercial model, allowing it to focus solely on its AGI (Artificial General Intelligence) aspirations without external pressures or funding requirements [3][8][12]. Group 1: Market Expectations and Competition - The market's expectations for DeepSeek's upcoming model are tempered by the saturation of open-source models, making it less likely to shock the world again as it did previously [3][4]. - DeepSeek is no longer the only or the most open player in the market, as other labs have quickly followed suit with their own models [5][8]. Group 2: Funding and Control - DeepSeek's founder, Liang Wenfeng, has maintained a "zero external financing" approach, prioritizing control over financial gain, which is unique among top labs [3][9]. - The success of Liang's quantitative fund, which generated over $700 million in profit with a 53% return rate, allows DeepSeek to fund its operations without external investment [3][11]. Group 3: Advantages of No Commercial Model - The absence of external funding means DeepSeek is not burdened by commercial KPIs, allowing it to focus purely on technological advancements [3][12]. - The lack of external financial pressures fosters a flat organizational structure, reducing internal competition and bureaucracy, which can hinder innovation [14][15]. Group 4: Research and Resource Allocation - DeepSeek's limited resources do not impede its research quality, as good research does not necessarily require excessive computational power [13][14]. - The organization can prioritize innovative ideas without the distractions and conflicts that often accompany larger, well-funded labs [15][18].