文本预测需保留多种合理补全，而非压缩成单一向量。

Joint-Embedding Predictive Architectures (JEPAs) are effective for images, video, and audio, yet deterministic JEPA-style latent prediction has not become a standard objective for text encoders. We argue that this gap reflects a mismatch between squared-error latent prediction and the conditional structure of language. The key requirement is conditional concentration: given a context and target location, the target representation should lie near a single meaningful point. Local image prediction often satisfies this through spatial continuity, whereas masked text can admit multiple valid token or span completions whose representations need not share a coherent center. We formalize this mismatch through three conditions---predictability, non-collapse, and low conditional variance---and show how their failure creates centroid degeneracy and collapse pressure in text. Matched I-JEPA and T-JEPA experiments reveal the predicted sequence: mutual-information saturation and elevated target variance precede train--validation instability, effective-rank degeneration, cosine collapse, and poor downstream transfer. The same pattern appears across five independent data seeds, indicating that it is not a sampling artifact. These results do not rule out predictive learning for language; they show that text-compatible JEPA objectives must preserve multiple plausible completions rather than compress them into a single latent point.