This document discusses artificial intelligence and how computer systems can demonstrate intelligence. It explains that while computers can only solve problems presented as a process, AI systems in the past 10 years have gained abilities like understanding language, seeing, hearing, speaking, feeling, and remembering. These cognitive powers allow AI to understand natural language, recognize items, understand speech, respond verbally, understand sentiment, and remember previous interactions. The document also mentions some potential applications of AI like creating art in different styles, designing websites, and assisting with jobs. It raises issues about the impact of AI on jobs and the possibility of universal basic income in the future.