In a thought-provoking session, industry leaders discuss the ambitious goal of developing AI systems that can truly comprehend the external world, moving beyond the constraints of large language models (LLMs). Recent advancements in world modeling have sparked renewed interest in this area of artificial intelligence. Join editor in chief Mat Honan, senior AI editor Will Douglas Heaven, and AI reporter as they delve into the challenges and possibilities of creating AI that can interpret and interact with the complexities of reality. This engaging conversation provides insights into the future of AI and its potential to reshape our understanding of technology and the world around us.