In this engaging discussion, Tim Scarfe and Keith Duggar, hosts of Machine Learning Street Talk, dive into the capabilities of OpenAI's new model, o1. They explore the true meaning of "reasoning," contrasting it with human thought processes. The duo analyses computability and complexity theories, revealing significant limitations in AI reasoning. They also tackle the philosophical implications of AI's optimization abilities versus genuine reasoning. With witty banter, they raise intriguing questions about the future of AI and its potential pitfalls.