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It might be a preview or something because I have YT premium and doesn't show up that anywhere. Can you share a video that works for that? Like this one.

https://www.youtube.com/watch?v=zjkBMFhNj_g

It's only available in the Android app, but you can activate it here: https://www.youtube.com/new

Here's a video demo from about 3 months ago:

https://www.youtube.com/watch?v=fgYIFiWgBl8

It looks like its currently limited to Android phones.

It is a beta feature in YouTube premium and doesn't seem to be for all videos, but it has been extremely useful in my experience. You can even ask where in a video things are discussed etc.

It’s really ironic that YouTube basically pushed videos to be at least ~ten minutes long through commercial incentives, then offers AI features to cut through that filler garbage.

Well, YTPremium users don’t see those ads. They’re the only ones who get the AI tool.

While this is true, the thrust of what youtube was doing was to incentivize creation of videos that are 10+ minutes because they need to be 10+ minutes, not 10+ minutes because you are trying to game the system.