James Taylor's song "It's Too Late" tells the story of a relationship that has deteriorated over time. The lyrics describe how the speaker and their partner have reached a point where they can no longer deny that something is wrong. They realize that one or both of them have changed, or perhaps they have stopped putting effort into the relationship. The chorus emphasizes the idea that it is now too late to salvage the relationship. Despite their attempts to make it work, something inside them has died, and they cannot hide or pretend anymore. The speaker acknowledges their unhappiness, expressing how they used to have an easy and joyful life together but now feel like a fool. The song suggests that there may be good times in the future for both individuals, but they cannot continue to stay together. The speaker believes that they can no longer ignore the feeling that it's over, and they have to move on. They reflect on the love they once had for each other and appreciate the memories, even though it is now too late to resurrect what they had. Overall, "It's Too Late" portrays the bittersweet realization that a relationship has come to an end despite previous efforts to make it work. It captures the emotions of sadness, acceptance, and the need to move forward.