George Hammond, a venture capital correspondent at the Financial Times, reveals the origins of the AI bubble and potential market corrections. Melissa Heikkilä, the AI correspondent, discusses the nuances between language models and broader AI, while Sarah O'Connor, an insightful columnist, highlights the implications for labor markets. They delve into the inherent errors of LLMs, the challenges for startups, and the mixed predictions for AI's role in 2026. Will AI transform tasks or displace jobs? The conversation raises pressing questions about the future of work in an AI-driven world.