Well, Casey, the last time we recorded an emergency podcast, you were at Gate E8 of the San Francisco airport,

and we were talking about Open AI and how Sam Altman had just been fired.

Are you at the airport today?

And if not, would you like me to mail you an Auntie Anne's pretzel so you feel more comfortable?

Yeah, that would be, no, all things being equal, Kevin,

it's actually much more comfortable to record here in my home studio

and not have to compete with the PA system announcing flights to Houston.

Yeah. Casey, we are here today to talk about a little company called Deepseek, which probably most people had not heard of, but that is causing a major series of events in the U.S. stock

market and around the U.S. tech industry this week.

That's right.

By now, our listeners have probably seen that the stock market dipped on Monday and that some

companies whose fortunes are closely tied to AI dipped quite dramatically. But they also might

have just noticed it in the app store where DeepSeek has hit number one this week, which is a

rarity for a Chinese consumer app to do in the United States.

So, yes, suddenly everywhere you look, there are signs of this Deep Seek affecting the world.

And, you know, we should say to maybe talk directly to the things some listeners maybe thinking about, like,

why we are interrupting our normal production schedule to do a special emergency episode about deep

seek. Like, it is not unusual for people in the AI world to start freaking out about some

new development or breakthrough or some new model that was released. But I believe that this is

the real deal. I think this is a big moment in the history of AI development. And it is really

taking a toll on stock markets in ways that I think are really interesting. I mean, you said dip,

but Nvidia stock, one of the highest performing stocks on the market over the past few years,

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