In this episode of Exponential Wisdom, Peter Dand and Dan Sullivan discuss the recent explosion of Open AI's GPT-3, Deep Mind at Google, and Imad Mustak's Stable Diffusion in the field of AI. These large language models are able to understand statistically what should come next and what's out there in structured language, allowing them to write legal documents, diagnose patients, and even create artwork. They discuss the power of AI to create and transform, and how it will become a superpower in the future. They also talk about how Google will compete by creating its own version of Chat GPT, and the idea of creating one's own private AI knowledge base. They emphasize that it's a collaboration between AI and humans, and that productive people will become even more productive.