Charles Hugh Smith

Charles Hugh Smith, an expert in economics and finance, dives into the implications of China's AI platform, DeepSeek. He discusses how DeepSeek challenges established players by leveraging open-source technology, drawing parallels with past market bubbles. The conversation explores the geopolitical dynamics of AI advancements and their potential disruption to traditional business models. Smith highlights job displacement concerns while underscoring the need for adaptability in economic policies amidst these rapid changes. He also emphasizes defensive investment strategies as the market faces uncertainty.