  Although artificial intelligence (AI) has achieved many feats at a rapid
pace, there still exist open problems and fundamental shortcomings related to
performance and resource efficiency. Since AI researchers benchmark a
significant proportion of performance standards through human intelligence,
cognitive sciences-inspired AI is a promising domain of research. Studying
cognitive science can provide a fresh perspective to building fundamental
blocks in AI research, which can lead to improved performance and efficiency.
In this review paper, we focus on the cognitive functions of perception, which
is the process of taking signals from one's surroundings as input, and
processing them to understand the environment. Particularly, we study and
compare its various processes through the lens of both cognitive sciences and
AI. Through this study, we review all current major theories from various
sub-disciplines of cognitive science (specifically neuroscience, psychology and
linguistics), and draw parallels with theories and techniques from current
practices in AI. We, hence, present a detailed collection of methods in AI for
researchers to build AI systems inspired by cognitive science. Further, through
the process of reviewing the state of cognitive-inspired AI, we point out many
gaps in the current state of AI (with respect to the performance of the human
brain), and hence present potential directions for researchers to develop
better perception systems in AI.
