The term "artificial intelligence" was coined by John McCarthy as a way to differentiate his work in the field of cybernetics, but has led to misunderstandings about the nature of AI and its limitations. The field of science should progress based on fundamental principles and research rather than personalities or catchy terms.
The speaker expresses skepticism towards relying solely on technology, like neural nets and AI, to make important decisions. He believes that human intuition and experience should also be taken into account for better judgement.