  We argue that at finite energies, double-scaled SYK has a semiclassical
approximation controlled by a coupling $\lambda $ in which all observables are
governed by a non-trivial saddle point. The Liouville description of
double-scaled SYK suggests that the correlation functions define a geometry in
a two-dimensional bulk, with the 2-point function describing the metric. For
small coupling, the fluctuations are highly suppressed, and the bulk describes
a rigid (A)dS spacetime. As the coupling increases, the fluctuations become
stronger. We study the correction to the curvature of the bulk geometry induced
by these fluctuations. We find that as we go deeper into the bulk the curvature
increases and that the theory eventually becomes strongly coupled. In general,
the curvature is related to energy fluctuations in light operators. We also
compute the entanglement entropy of partially entangled thermal states in the
semiclassical limit.
