Generative AI was sold as the next industrial revolution — but what if it is doing very little good and creating much harm? Cognitive scientist and AI expert Gary Marcus joins Daniel Horowitz to expose why large language models are failing to deliver real productivity, damaging human cognition, and consuming massive amounts of capital with little return. Instead of a productivity boom, we are seeing a misallocation of capital, massive energy waste for data centers, and an internet filled with "algorithmic slop." Gary explains why LLMs are just "autocomplete on steroids" and why the promise of artificial general intelligence is failing to deliver profits. We also discuss the cognitive atrophy of the next generation, the theft of intellectual property, and why China might actually be winning by NOT destroying its education system with chatbots.

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