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Edge of the Napkin #11 There's a feeling that sweeps through every era of innovation — that electrifying sense of this is it. The next big wave. The one that's going to change everything. In this episode of Edge of the Napkin, Govindh Jayaraman dives into what happens when high-expectation innovation collides with reality — when the future we bet on becomes today's proving ground. The AI boom, once the unstoppable tide lifting every boat in sight, is now pulling back. Markets are correcting. The water is getting choppy. And what's being revealed isn't failure — it's truth. Because in every correction, there's clarity. And clarity always comes back to one simple principle: Build for value — not for the hype. When the Rising Tide Turns A rising tide, they say, lifts all boats. But when the tide goes out, you see who built on sand. For years, AI was the tide. Money poured in. Startups ballooned overnight. Everyone rebranded themselves with a shiny "AI-powered" tagline, believing that being in the space was enoug