This episode is about a conversation between Yann LeCun, Meta Chief AI Scientist, and Bill Dally from NVIDIA, discussing the future of artificial intelligence. LeCun expresses a shift in focus away from Large Language Models (LLMs), advocating for research into world models that allow AI to comprehend the physical world, retain persistent memory, and engage in reasoning and planning beyond simple token prediction. He introduces Joint Embedding Predictive Architectures (JAPA) as a promising path to developing these capabilities, emphasizing the need for open-source platforms and a diverse, global research community to drive innovation. The discussion also touches upon the practical applications of AI in various sectors like medicine and autonomous vehicles, while addressing concerns about misinformation and the realistic timeline for Advanced Machine Intelligence (AMI).