Artificial intelligence (AI) is a broad concept which has been around since the 1950s. Ever since the term caught on, the vague definition allowed for theoretical extremes to surface. Some, like Ray Kurzweil, foresee a limitless positive future. Others, like Stephen Hawking and Nick Bostrom, predict general artificial intelligence to be humanity's last invention.
This white paper looks at what artificial intelligence is and narrow this down to where value could lie.