Danu Mbanga, Director of Generative AI Solutions at Google, explains the differences between AI, machine learning, and deep learning. They discuss the transformative effects of AI in various industries such as media, healthcare, and financial services. The speaker explores the concept of generative AI and its foundation, and the future of AI including specialized AIs and the issue of AI hallucinating. They also discuss the emergence of new cognitive strengths in AI systems and the importance of structure and design patterns in building large models.