AI Is 70 Years Old Today
Happy birthday, artificial intelligence!
https://www.unsw.edu.au/newsroom/news/2026/06/happy-birthday-artificial-intelligence
As AI celebrates its 70th birthday, Scientia Professor Toby Walsh surveys its longer-than-expected history and a few key points about its future.
Filed June 18, 2026 at 7:57 am
Yup. AI is officially 70 years old today and feels like it's just getting started. And Toby Walsh, a professor at UNSW Sydney has a few predictions. And offers a glimmer of hope.
"I fear that the current AI boom will end in an AI bust. This will, at best, transfer vast amounts of wealth from the investors into artificial intelligence to the small number of AI companies that survive the bust.
The good news is that, when that bubble bursts, history suggests the pain won’t last. We will get to an AI future with the gains being promised today. Just as we eventually got to the internet economy promised before the dot com bust."