We unpack Google’s search reinvention, publishers acting like a deer in the highlights, Perplexity’s emergence as a heel, Apple’s AI misfires, and the risks of AI reinforcement loops. Plus: what happens when publishers still rely on traffic models that are quietly unraveling.

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Chapters:

* 00:00 Open

* 00:22 Intro

* 01:01 AI Search Shake-Up

* 18:40 Perplexity’s $50m Venture Fund

* 32:20 DOJ vs Google Ad-Tech

* 37:26 AI & Mental-Health Risks

* 54:15 Valnet “Sweatshop” Roll-up

* 01:01:59 Mogul Memoirs & Reputation

* 01:03:09 Good Product

* 01:07:38 Outro

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