Artificial intelligence (AI) is the ability of machines to mimic human intelligence through tasks like thinking, reasoning, and learning. The document discusses the history and current applications of AI as well as its future potential. Current applications of AI include finance/banking, healthcare, transportation, and consumer devices. Advancements in natural language processing, computer vision, machine learning, and robotics may allow AI to achieve human-level abilities and be applied to problems like risk management and disaster response. However, as AI becomes more advanced, it also raises social and ethical implications around robot rights, personhood, and what constitutes a moral agent.