Magnos Technologies's answer to What is the scope of Artificial Intelligence? - Quora

It is actually a very long answer. Artificial Intelligence field has a very wide scope in computation and automation world. AI research has been happening since 1950 with limited success. Now, with the significant advancements of memory, storage capacity and computational power available, we have started seeing practical, real-life examples of AI. AI is applicable in almost every type of industry vertical one comes across.