********AI second-wave reshapes business models and execution********

AI archetypes (McKinsey/OpenAI/KPMG/Wharton), agentic (RICE/AISPSE/Xero/ServiceNow tokens/AI Control Tower/LangChain three-layer/democratizing healthcare/strategy-tech), Anthropic coding enterprise/$30B ARR leapfrog OpenAI/'buy customers' strategy/Terafab-Intel JV, Visa AI 'bouncer' trust data (36% bank pref/48% GenZ)/Ramp CLI agents/SLMs/ACE/GRPO/MSFT Copilot, LLM CFO (16% survival), End Chatbots (40% fail 2027), Value Mapping ROI, BCG 70% people rule (£500k savings), pitfalls (Morris/Nike/80% failures), Three-box Data First, Gartner human-centric, frontier limits/SLMs, energy/infra gates human+AI KPIs; GTM gaps/fintech mismatches; 5-pillar growth AI 5x. Terminal value ties to AI moats.