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No, I don't think so. AFAIK, deep learning is essentially the same 1960s algorithms[1] (possibly modified a bit) running on much larger networks. Most progress is due to better hardware (and ad hoc configurations, made possible by the larger networks afforded by better harder). Of course, SAT solvers, which have become extremely effective in recent years, are also still based on a 1960s algorithm[2], so use of an old algorithm doesn't imply lack of progress in effectiveness.

The two (NN and SAT solvers) share little theoretical progress (and certainly no theoretical breakthrough) in the past several decades, but SAT solvers aren't marketed as "AI" in spite of their seemingly magical abilities. I know that ML researchers usually cringe at the name AI and often try to disassociate themselves from the sci-fi term, but still, the marketing is extremely aggressive and misleading.

I realize that in every generation, marketers like associating the name "AI" with some particular class of algorithms, but it's important to understand that currently, assigning that name to this class of statistical clustering algorithms (regardless of their remarkable effectiveness in some tasks) is a stretch, just as it was when the term was assigned to other algorithms.

[1]: https://en.wikipedia.org/wiki/Backpropagation

[2]: https://en.wikipedia.org/wiki/Davis%E2%80%93Putnam_algorithm



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