In the 1960s, while Don Draper was making a fortune at Sterling Cooper, John McCarthy, Marvin Minsky, Nils Nilsson and other visionaries of Artificial Intelligence at Stanford and MIT were imagining a world where computers could think faster and better than people.

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CNN's Jennifer Bixler, John Bonifield, William Hudson and Joe Sterling contributed to this report.

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In 1992 sterling's humiliating ejection from the European Exchange Rate Mechanism did for John Major.

ECONOMIST: Hard pounding