This co-hosted podcast episode of "Hard Fork" focuses on DeepSeek, a relatively unknown Chinese AI company that has recently disrupted the US stock market and tech industry. The hosts discuss DeepSeek's new AI model, R1, its surprisingly low training cost ($5.5 million), and its accessibility via a free app. They analyze the reactions from investors (fear of commoditization), geopolitical experts (concerns about Chinese AI dominance and censorship), and AI safety researchers (worries about uncontrolled proliferation of powerful models). The hosts debate the significance of DeepSeek's achievement, noting that while it represents a significant technical leap, the rapid decrease in AI training costs and the potential for repurposing existing infrastructure by larger companies might lessen the immediate impact on established players. Nvidia's stock, for example, dropped 18% following the DeepSeek announcement.
