Artificial intelligence or AI is the field studying how to create machines that exhibit intelligent behavior. AI is a broad field that encompasses many different technologies and approaches. The document discusses several concepts about AI, including that AI aims to match and someday overcome human intelligence, but that it can never truly dominate humans since it is limited to learning, storage, probability and approximation. While AI has potential benefits, it also risks loss of privacy and manipulation if not developed and applied carefully. The conclusion is that AI is neither simple nor as complex as often portrayed, and that humans will never be replaced due to our unique ability to think and dream in new ways.