  The recent successes of AI have captured the wildest imagination of both the
scientific communities and the general public. Robotics and AI amplify human
potentials, increase productivity and are moving from simple reasoning towards
human-like cognitive abilities. Current AI technologies are used in a set area
of applications, ranging from healthcare, manufacturing, transport, energy, to
financial services, banking, advertising, management consulting and government
agencies. The global AI market is around 260 billion USD in 2016 and it is
estimated to exceed 3 trillion by 2024. To understand the impact of AI, it is
important to draw lessons from it's past successes and failures and this white
paper provides a comprehensive explanation of the evolution of AI, its current
status and future directions.
