Why the artificial intelligence bubble looks like it has already burst | Artificial intelligence

In 1964, an American computer scientist named John McCarthy set up a research centre at California’s Stanford University to explore an exciting new discipline: .

McCarthy had helped coin the term several years earlier, and interest in the field was growing fast. By then, the first computer programs that could beat humans at chess had been developed, and thanks to plentiful government grants at the height of the Cold War, AI researchers were making rapid progress in other areas such as algebra and language translation.

When he set up his laboratory, McCarthy told the paymasters who had funded it that a fully intelligent machine could be built within a decade. Things did…

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