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Index/Leadership/Momentum Mode w/ Corey Ferengul & Mike Shannon
Momentum Mode w/ Corey Ferengul & Mike Shannon artwork

43. Mike Shannon & Corey Ferengul on AI Psychosis & Why CEOs Are Getting Ahead of the Technology

Momentum Mode w/ Corey Ferengul & Mike Shannon · 2026-04-29 · 27 min

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Episode notes

In this episode, Mike Shannon and Corey Ferengul go one-on-one to unpack a provocative article claiming your CEO is suffering from AI psychosis and whether the diagnosis holds up against what they're actually seeing in the market. They cover: Why major layoffs at Meta, Oracle, and Square may have less to do with AI and more to do with overhiring The "management by magazine" problem and why it's more dangerous than ever in the AI era Which processes are the glass balls you absolutely cannot afford to break with premature AI deployment Why AI adoption has to be bottom-up and what happens when CEOs try to force it top down The sycophancy problem: why AI affirms you 49% more than a human would, and what that means for decision-making Token costs: how some companies are spending more on AI than they saved by cutting headcount Why token usage is a vanity metric and what actually matters when measuring AI ROI Where the agent orchestration problem is already breaking down inside real companies No predictions that will age badly. Just two operators who work in AI every day, telling you what they're actually seeing.

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