Schweizer: Is China’s DeepSeek a Deep Con?

The Drill Down with Peter Schweizer

Government Accountability Institute

News Commentary, News, Daily News, Politics

4.9 • 627 Ratings

🗓️ 29 January 2025

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

Is DeepSeek really a deep con? A psyop tossed out to shake up the financial markets? The release of a Chinese-made artificial intelligence engine called DeepSeek sent a bulldozer through Wall Street this week. Rival AI companies lost hundreds of billions of dollars in market value after sell-offs, once the new kid came on the block. But as Peter Schweizer and Eric Eggers note on this episode of The Drill Down, the timing is suspicious. “This could be a replay of the lab leak back in 2020,” Schweizer says. “We're going to simply discuss the reality of how this thing unfolded, the claims that were made, the claims that are not true.”

Transcript

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0:00.0	Research that resonates.
0:05.0	He's the president of the Government Accountability Institute, Peter Switzer.
0:09.0	Peter Schweitzer. Peter Schweitzer. Peter Schweitzer has spent many years, in fact, probably done a more comprehensive job than anyone's ever done, chronicling the corruption by the powerful in Washington.
0:22.8	Be very prescient, Eric Eggers.
0:27.6	Join me right now is Government Accountability Institute Research Director, Eric Eggers.
0:31.9	We're going to take information that we've learned, that people like Peter Schweitzer have uncovered,
0:34.2	and we're going to try to go further.
0:36.3	Great investigative reporting, Peter.
0:37.5	You're the only one doing it.
0:38.3	Thank God.
0:43.3	Eric Eggers from the Government Accountability Institute and co-hosts of that great podcast,
0:44.9	The Drilled Down with Peter Schweitzer.
0:49.3	This is The Drill Down with Peter Schweitzer.
0:52.7	Hi, this is Peter Schweitzer, and welcome to the Drill Down.
0:55.7	Did a Chinese psychological operation or Sciop just cost the United States $1 trillion in a single day? We're going to discuss that
1:03.4	today with Eric Eris, the co-host of this program. Eric, how are you? I'm okay. Neither one of us
1:07.8	are AI experts. So we're going to refrain from getting into the technology behind Deep Seek.
1:12.8	But one thing Peter Schweitzer is an expert in is his portfolio. And that was impacted yesterday.
1:17.0	And so we have a significant stake literally and figuratively in discussing this and its ramifications, not just for the U.S. economy, but our national security, Peter Schweitzer, because I think, like lots of things, you have to consider what happened in the larger context, not just in terms of the United States and its relationship with China, which we spent a lot of time chronicling on this show, but also just the last week, we're a week away from Donald Trump announcing the United States' own AI startup.
1:47.2	And then here comes this deep seek thing. And now we're having a very different conversation.
1:52.5	That's right. And this is why I think it's a psychological operation. We're going to unpack what the claim is.
1:59.7	Again, we are not AI experts. We're not going to talk about chips. We're not going to talk about the algorithm or the platform.
	...

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