Remove the SD card
Connect the Vcc from the FTDI to the 5 V pin on the ESP CAM (not the Vcc pin)
Try a simple blink sketch
//Led is on the reset button side of the board
void setup() {
pinMode(33, OUTPUT);
}
void loop() {
digitalWrite(33, LOW);//on
delay (1000);
digitalWrite(33, HIGH);//off
delay (1000);
}