Artificial intelligence (AI) is rapidly changing the world as we know it. With the emergence of readily available AI tools like ChatGPT, Bard, and others, it may seem like AI is a brand new phenomenon. However, AI has been around for much longer than you might think, and the information presented here is based on research from reputable sources, including commonly read business and scientific journals. In fact, the concept of AI dates back to the 1950s, when computer scientist Alan Turing explored the mathematical possibility of artificial intelligence. He theorized that machines, like humans, could use available information and reasoning to solve problems and make decisions1.