Sergey Filimonov is back—and the AI landscape looks radically different than it did just seven months ago. In this follow-up conversation with Alicia Burke and Max Martinelli, we explore what's changed, what’s been overhyped, and what’s only just beginning. From reasoning models and GPU economics to the race for decentralized AI and the energy crisis no one’s talking about, this episode cuts through the noise.

We also dig into the core message of Sergey’s newly published paper, “Bridging Data Divides: AI as a New Paradigm for Unstructured Data,” and why the real value of AI for actuaries isn’t just in replacing work—but in reshaping it entirely.

Read Sergey’s article in the CAS E-Forum