Are we really witnessing the "most expensive flop in tech history" with AI, or is something else going on? While headlines scream about failed AI pilots and wasted billions, there's a massive disconnect between public narratives and what's actually happening in AI development. This episode dives into the recent wave of AI pessimism following GPT-5's launch, explores why 95% of corporate AI pilots are reportedly failing, and examines the growing divide between Silicon Valley's AGI obsession and practical AI applications that could transform daily life. But here's the real story: while markets panic and media declares AI dead, builders are making breakthrough progress on memory systems, world models like Genie 3, and mysterious new models like "Nano Banana" that are quietly revolutionizing what's possible.
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