The field of artificial intelligence (AI) has seen unprecedented growth in the last few years. Expectations are that AI may yield innovative technologies pervading almost all fields of influence including healthcare, education, safety, and transportation. At the same time, there are cautionary narratives suggesting the imminent danger of self-aware AI wiping out the whole of human civilization. In this article we take an introductory look at many important questions related to AI. What is AI? Why this sudden interest in AI? And—are we really in the danger of being wiped out?