Explore Nvidia's NeMo Guardrails, a powerful library for building conversational AI and chatbots, in this comprehensive 21-minute video tutorial. Dive into the concept of guardrails as semi or fully deterministic shields against specific behaviors, conversation topics, or triggers for particular actions. Learn how to implement NeMo Guardrails for safety guidance, deterministic dialogue, retrieval augmented generation (RAG), and conversational agents. Follow along with a full walkthrough, including code examples, to understand how typical chatbots work, explore dialogue flows, and gain insights into the inner workings of Guardrails. Witness the creation of a NeMo Guardrails chatbot in Python and observe its performance in action. Discover the potential for future developments in NeMo Guardrails and enhance your skills in building advanced conversational AI systems.