The AI Masterclass: How ChatGPT and Large Language Models Really Work

The AI Masterclass: How ChatGPT and Large Language Models Really Work

July 18, 2026 · 35 min

About this episode

Albert Berdellans explains how large language models work and their implications for various industries.

Artificial intelligence is advancing faster than almost any technology in history, yet surprisingly few people understand what large language models are actually doing behind the scenes.In this masterclass, Albert Berdellans, Global Head of AI at Inveniam, explains AI in plain English. We explore why ChatGPT doesn't actually "think," how large language models generate answers, why hallucinations occur, what context rot means, and where AI is likely to transform knowledge work over the next decade.Whether you're an investor, business leader, student, or simply curious about artificial intelligence, this conversation provides a practical framework for separating hype from reality.Topics include:• How large language models actually work• Why AI predicts rather than thinks• Hallucinations, context rot, and reasoning• What AI can and cannot do today• AI's impact on finance, healthcare, education, and consulting• Why AI is more likely to augment professionals than replace themIf you enjoy thoughtful conversations about technology, economics, investing, and the forces shaping human progress, subscribe to Exploring Prosperity. Thank you very much to our sponsors: Foundation: Protect your…

People in this episode

Host: Bob Dewey

Guest: Albert Berdellans

Topics covered

Keywords

Sponsors

Foundation, River Financial

Mentioned in this episode

Organizations: Inveniam

Products: Passport, Passport Prime

More episodes of Exploring Prosperity- Challenging Pessimism in the US

Explore listener stats, chart rankings, contacts and more on the Exploring Prosperity- Challenging Pessimism in the US podcast page.