1) Artificial intelligence is currently in a third wave focused on using deep learning and large data sets to improve marketing, sales, and customer experience. 2) Potential benefits of this wave include new jobs related to data science, social media analysis, AI coaching and training, working with robots, and more efficient marketing, sales, education and knowledge of customers. 3) However, there are also risks like bad uses of autonomous systems, bugs in AI programs, and changes to the nature of many jobs. Overall, combining the strengths of humans and AI may provide the greatest benefits while minimizing risks.