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From voice assistants that still can't remember yesterday's conversation to billion-dollar data centers for products few use, the AI industry might be making some fundamental mistakes. In this episode, I break down what's actually happening behind the hype—and where the smart money (and innovation) is really going. Chapters: 0:00 -Teaser 0:35 - Scott Stephenson AI Show, Contents 01:00 - Big AI will kill startups unless... 05:48 - Did Google just kill the TV remote? 09:37 - Is Open AI pro USA or just scared? 14:53 - VC Finally admit, we didn't have a thesis, we just invested in everything 21:09 - Elon V. OAI 25:20 - Is Elon Flushing $20B down the Mississippi? 28:33 - EU AI Law, Let's pump the breaks on pumping the breaks What You'll Learn: -Why Siri, Alexa, and Google Assistant are already obsolete (and what's coming next) -The real limiting factor stopping long-form AI conversations (hint: it's not the models) -Why VC's are suddenly consolidating their AI bets after years of spray-and-pray investing -What Elon's $20B data center investment reveals about xAI's actual user numbers -How EU regulations could accidentally hand China the AI race -Whether we're headed for an AI bubble burst—or something different this time My Take: The AI industry is at an inflection point. Big Tech is constrained by the innovator's dilemma. Startups are being squeezed. Regulators are pattern-matching on dystopian sci-fi instead of understanding actual products. And everyone's burning cash like it's going out of style. But here's the thing: real value is being created. The question is whether we'll stifle innovation before we get there. As someone building in the voice AI space and watching this unfold from the inside, I'm sharing what founders and executives are actually seeing—not the sanitized PR version. About The Scott Stephenson AI Show: Weekly analysis of AI news, products, and trends from a founder's perspective. I'm a PhD physicist who built Deepgram, a voice AI company, and I cut through the hype to explain what's really happening in AI and what it means for your work, investments, and future. #ElonVsOpenAI #OpenAILawsuit #AIBubble #EURegulation #AIAct #xAI #GrokAI #VoiceAI #AIConsolidation #OpenAIScandal