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The Spillover
by Council on Foreign Relations
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Latest episodes
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September 14, 2026 · 47 minThis week, hosts Sebastian Mallaby and Rebecca Patterson unpack Nvidia’s deal to purchase Hugging Face, the leading platform for open-weight AI models. The acquisition, they argue, highlights a battle between two visions of how the AI…
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Can the U.S. ‘Grow’ Its Way Out of Debt? + Taxing Wealth in the Age of AI
September 10, 2026 · 53 minThis week, host Rebecca Patterson speaks with Natasha Sarin, law professor and cofounder of the Yale Budget Lab, to unpack Treasury Secretary Scott Bessent’s claim that the United States can grow its way out of record debt, and whether AI…
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The U.S. Buys Stake in a Venezuelan Oil Company + Why Efficiency Is the Real Path to Energy Security
September 1, 2026 · 49 minThis week, host Rebecca Patterson sits down with energy and climate expert Vijay Vaitheeswaran to discuss the U.S. government's acquisition of 35 percent equity stake in a Venezuelan oil company and how managing demand and boosting…
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Could the AI Debt Problem Create the Next Financial Crisis?
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The Hosts Pick a Global AI Winner + The Advanced Economy Deployment Problem + The Question Even the Experts Can't Answer
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How China Is Quietly Winning the Iran War Energy Crisis
August 12, 2026 · 48 minFive months of war in Iran have completely reshaped energy markets. This week, the Baker Institute’s Kristian Coates Ulrichsen joins Rebecca Patterson and Sebastian Mallaby to examine how conflict in the Strait of Hormuz exposed the…
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Spillover Summer Reading: The Best Books on Forecasting, Silicon Valley, and the Future
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Jordan Schneider Thinks the Real AI Race Is About Compute, Not Models
July 28, 2026 · 1 hr 2 minIn this episode of The Spillover, host Sebastian Mallaby sits down with Jordan Schneider, founder and editor-in-chief of the ChinaTalk podcast and newsletter, to discuss AI progress and security, as well as the U.S.-China AI…
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The AI Trilemma + Open-Weight Proliferation + the “Singularity Delusion”
July 21, 2026 · 55 minIn this episode, The Spillover’s Sebastian Mallaby is hosted by Dan Kurtz-Phelan, editor of Foreign Affairs, to discuss the “AI trilemma”—the challenge U.S. policymakers face in encouraging enough innovation to stay ahead of China while…
About the show
How do critical international developments shape economic and financial markets worldwide? Each week, The Spillover examines the ripple effects of global events across policy, geopolitics, economics, finance, and technology. This podcast helps you better understand what’s happening, and why it matters to businesses, global markets, and the world.