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Hello. forward slash voucher. Hello and welcome to the Americano podcast, a series of discussions about American politics,

power and prejudices. It is 2025 and Donald Trump is president once again of the United States. We will, of course,

be following the moves of the Donald and his second administration very closely. However,

it won't just be politics for us this year. We'll also talk a lot and cover American culture,

life and the arts.

I should also remind you, because my producer Natasha will not let me hear the end of it,

that we are on Spectator TV.

So head to our YouTube channel to watch that. Today we're going to be talking about deep seek and what deep seek is doing to the American economy, with none other than Joe Weizantel, who is co-host of Bloomberg's Odd Lots, I should say, podcast,

and a friend of the show, indeed.

Joe, let's start with sort of what's happened for people that haven't really been keeping up.

Sure.

Over the weekend, a bit of fear broke out about what Deepseek, the power of Deepseek as an AI

tool coming as it does from China. This caused great convulsions in the stock market on Monday

that appears to have been, have calmed a little bit yesterday. And then today, we don't know.

Am I, am I right there? Yeah, I mean, I think that's right. It's a, it's just a tremendous,

tremendous story for so many levels. I mean, look, you know, starting about late 2020, so a little over two years ago,

Open AI released Chad GPT, which was sort of the first major light bulb moment for people like,

wow, this is incredible technology. You ask a question into a box. It basically does whatever you

...