Before revision:  We will draw a parallel with the role of knowledge and experience in human intelligence based on cognitive science .
After revision:  In fact, the vast progress in AI can be viewed in terms of the three waves of AI as identified by DARPA. During the first wave, handcrafted knowledge has been at the center-piece, while during the second wave, the data-driven approaches supplanted knowledge. Now we see a strong role and resurgence of knowledge fueling major breakthroughs in the third wave of AI underpinning future intelligent systems as they attempt human-like decision making, and seek to become trusted assistants and companions for humans. We find a wider availability of knowledge created from diverse sources, using manual to automated means both by repurposing as well as by extraction. Using knowledge with statistical learning is becoming increasingly indispensable to help make AI systems more transparent and auditable. We will draw a parallel with the role of knowledge and experience in human intelligence based on cognitive science .