While the field of artificial intelligence (AI) has made steady progress over the past few decades, only recently did progress rapidly accelerate, allowing scientific achievements to be translated into real-world use cases. In the last few years, AI has been developing at a consistently rapid pace and has achieved an inflection point. But before we can examine just how AI is revolutionizing our way of life, we must first look at how it got to where it is today. AI had already entered the minds of prominent scientists by the 1950s, as evidenced by Alan Turing's 1950 paper, "Computing Machinery and Intelligence." Between 1957 and 1974, computing capacity advanced to the point where people were able to improve machine learning algorithms and put AI to use.

The history of artificial intelligence is littered with false starts, but Goldman Sachs Research's Heath Terry says we've reached a turning point that will put the technology within reach across sectors. He explains how a growing web of interconnected devices, systems and sensors is helping to fuel development and delves into AI's potential to impact "every industry." We're going from a world where people give machines rules to a world where people give machines problems and the machines learn how to solve them on their own. Having already made the leap from military to consumer use, drones are headed for industries from construction to cinematography to law enforcement. Goldman Sachs Research's Noah Poponak explains the $100 billion market opportunity ahead.

The history of artificial intelligence is littered with false starts, but Goldman Sachs Research's Heath Terry says we've reached a turning point that will put the technology within reach across sectors. He explains how a growing web of interconnected devices, systems and sensors is helping to fuel development and delves into AI's potential to impact "every industry."