The chapter delves into the historical progress of AI over the past 80 years, examining advancements like self-driving vehicles and current AI capabilities in areas such as prediction. It also discusses the challenges faced by AI systems, including limitations in handling unique and non-routine tasks, as well as the potential future capabilities of AI assistants to autonomously perform tasks like booking flights. The chapter concludes by emphasizing the importance of understanding heavy-tailed distributions in AI systems to accurately assess their capabilities and limitations.

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