In 2020, then-showrunner Chris Chibnall decided the answer was - both. The Time Lords established a rule of 12 regenerations, but the Doctor had lived countless lives before having their memory wiped of said lives. Retroactively, the faces glimpsed in 'The Brain of Morbius' accounted for some of those past lives, and, most prominently, Jo Martin's dangerous Fugitive Doctor was among those lost Doctors.
According to a new quote from current Who showrunner, Russell T Davies, the story of 'The Timeless Children,' established during the Jodie Whittaker era, will continue in Season 2 of the newly relaunched series. 'That storyline's a gift handed to me by Chris Chibnall, and it's an honour to take it on from him,' Davies told Doctor Who Magazine.
It's not super shocking that Davies is picking up the threads from the Chibnall era in the Ncuti Gatwa era. The three David Tennant/Catherine Tate specials already made it clear that the Doctor's origin story of having been adopted is still very much on his mind, especially in the episode 'Wild Blue Yonder.'
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