Artificial intelligence architects were named Time magazine's "Person of the Year" on Thursday.

Why it matters: The selection underscores the impact that the AI revolution is having on technology, business and humanity.

What they're saying: "This was the year when artificial intelligence's full potential roared into view, and when it became clear that there will be no turning back or opting out," Time editor in chief Sam Jacobs wrote. "Whatever the question was, AI was the answer." • "Humanity will determine AI's path forward, and each of us can play a role in determining AI's structure and future," Jacobs wrote. Our work has trained it and sustained it, and now we find ourselves moving through a world increasingly defined by it."

Yes, but: Time also highlighted the unknowns and trade

See Full Page