Author here. This is Part II of "Chat Is Not Where It's At." Part I diagnosed why 95% of enterprise AI pilots fail: the belief that structured representation is over, that model weights can replace schemas and databases. This piece asks: okay, so where is it actually headed? My argument is that the next paradigm looks less like a new kind of AI and more like a new kind of computer — natural language at the interface, structured meaning underneath, the system maintaining a persistent model of its domain that humans and machines navigate together. The six assertions in the middle are intentionally stated without much hedging. Happy to defend any of them.