With the Singularity Summit coming to San Francisco tomorrow, a lot of people are wondering about how close we are to successfully implementing Artificial Intelligence.
Probably you've seen a graph like the above before. Computers are getting faster. Does this mean we're getting closer to true Artificial Intelligence? Not necessarily.
As I'll show in the following paragraphs, both Artificial Intelligence and the less ambitious Machine Learning (ML) aren't computationally but data bounded. This has profound implications for viable avenues for research and development.