An expert system is a computer program designed to solve complex problems like a human expert. It uses knowledge stored in its knowledge base and reasoning rules to determine solutions. The first expert system was developed in 1970. It consists of a user interface, inference engine, and knowledge base. The inference engine applies rules to the knowledge base to derive conclusions. Popular examples include DENDRAL for chemistry analysis and MYCIN for medical diagnosis. Expert systems are beneficial as they can store unlimited knowledge, work efficiently, and are unaffected by human limitations or emotions.