This document discusses the history and recent advances in artificial intelligence. It notes that breakthroughs in AI typically require both large datasets and novel algorithms. The time between breakthroughs has decreased significantly in recent years, from an average of 18 years for datasets/algorithms to be developed to just 3 years. This is due to exponential growth in data and computing power. The document suggests AI will continue advancing rapidly and may become a utility, fundamentally changing jobs and education.