Is DeepSeek a massive disruption of the AI landscape? Or just another entrant in a brutal contest between Big Tech and feisty startups? In this episode, Brett and Rob examine the advent of DeepSeek R1 from all angles:  China’s rising AI prowess, the new Cold War, the myth of American exceptionalism, protectionism and export controls, the power of open source software, the winners and losers, and some surprising insights about the massive 17% drop in Nvidia’s market cap.