One rule for exponentiation is ${(a^b)}^c=a^{bc},$ so you have ${(49^7)}^0=49^{7*0}=49^0=1.$
When we have $a^{b^c}$, in this case, we have $49^{7^0}= 49$. These are not equal.
So the phrase "49 to power of 7 to the power of 0" is ambiguous.
As mentioned in the comments, exponentiation is not associative. The two expressions that you have have different meanings.
${(49^7)}^0$ means that you taking the product of zero $49^7$'s (that is, $\underbrace{49^7*49^7*\dotsi*49^7}_{\text{0 times}}$), so the result is the empty product, 1.
Meanwhile, $49^{(7^0)}$ means that you are taking the product of $7^0$ $49$'s. So, you have $\underbrace{49*49*\dotsi*49}_{7^0=1\text{ times}}=49.$