Best example yet of government inability to understand tech. Here's how Lina Khan's editorial starts: "DeepSeek is the canary in the coal mine. It’s warning us that when there isn’t enough competition..." Not enough competition in LLMs? That's just dumb.
Lina Khan got her job at the FTC because of a 2017 paper that claimed Amazon sells at a loss. The paper did not contain the phrase 'cashflow' - perhaps since Amazon had had positive cashflow since 2002. She now leaves the FTC with an editorial in the NY Times claiming that Deepseek shows there is not enough competition in LLMs. Um... ok.