Today we’re joined by David Ferrucci, Founder, CEO, and Chief Scientist at Elemental Cognition, a company focused on building natural learning systems that understand the world the way people do. In our conversation, we discuss:  • His experience leading the team that built the IBM Watson system that won on Jeopardy. • The role of “understanding” in the context of AI systems, and the types of commitments and investments needed to achieve even modest levels of understanding in these systems. • His thoughts on the power of deep learning, what the path to AGI looks like, and the need for hybrid systems to get there. The complete show notes for this episode can be found at twimlai.com/talk/268. Visit twimlai.com/3bday to help us celebrate TWiML's 3rd Birthday!