@FlightofTheEagle-I agree! Lets go for it!
Posting a few examples of AI of the present and also illustrating how successful they have been.
1. DeepBlue: A computer by ibm that was majorly designed as a chess playing one. It defeated the then world champion, Garry Kasparov in 1996 and also in 1997. In the former year, it played a 6-game match with him and could win only one (the first match) while Garry won 3 matches and 2 were draws. So it was heavily upgraded and in the following year, it won game 6, defeating Garry in the match.
2. Watson: The question-answering computer that won the popular American Quiz show, Jeopardy. Further highlighting the win is the fact that it enjoyed a clear win against the former winners of the game, Bard Retter and Jen Kennings in 2011. It had access to approximately 4 terabytes of data including all of Wikipedia's but it did not have connection to the internet during the game. Indisputably outperforming humans in the game, this artificially intelligent machine is a proof of the logical capabilities and the power 'Cognitive computing', a term closely knit with 'Machine Learning'.
Another fascinating thing about this computer is its capability to understand and interpret natural language, the language that we use rather than having to use computer language. This advantage has lead to ibm announcing a Watson API that we can include in our software based applications for 'intelligent' solution to the problems.