In this episode of Hidden Value Creation, I spoke with my longtime friend and AI expert, Rem Reynolds, about his deep experience in technology and artificial intelligence. Rem shared insights from a recent AI conference he organized on Necker Island, where thought leaders discussed AI’s impact on humanity, the environment, and the unchecked drive for shareholder value. We explored AI’s massive energy demands, the challenges of scaling, and the industry’s reliance on fossil fuels. Our conversation also covered DeepSeek, a Chinese AI initiative raising questions about LLM commoditization and global competition. Looking ahead, we discussed agentic AI, the role of software layers, and AI’s geopolitical implications, particularly U.S.-China relations and Taiwan’s semiconductor industry. Rem provided a thought-provoking take on AI’s challenges and opportunities, making this a must-listen episode!