Why is 'Liquid' Neural Network from MIT a Revolutionary Innovation?

The tech world is brimming with updates about the latest innovations on the artificial intelligence front. Applications like machine learning, computer vision, deep learning, natural language processing and neural network are being deployed and influencing the bottom line of several industry verticals. Out of these, neural network has gained status of great interest in the scientific community, for being inspired from biological nervous system process information. By emulating the human brain functions, it helps in developing computational models that are equipped for pattern recognition and at last, deliberation of new information. The term neural network has been derived from the work of a neuroscientist, Warren S. McCulloch and a logician, Walter Pitts.