..AI is more A[rtificial] than I[ntelligent].

First time I heard this phrase in a critical review of the game Fallout 76 by a YouTuber Internet Historian. I would not have thought that it will come to so accurately describe a whole field of information technology and an impressive financial bubble coming down at the markets a couple years later.

“It is alive!”

Contrary to the popular belief, Artificial Intelligence (AI) does not think – it has no facilities for that. Contemporary AI, which in popular culture has become synonymous with the technology behind modern chatbots – generative pre-trained transformers (GPTs) –, can be boiled down to statistical models.ⁱ