First, AI is not new. ChatGPT continues to captivate attention because of its striking ability to reason, write and speak like a human. Yet, the science of developing machines and systems to mimic human functions has existed for decades. Many people are hearing about machine learning for the first time, but it has powered their Netflix recommendations for years. That said, generative AI does represent a leap forward—a big one. Simple machine learning cannot compose a concerto, write and debug computer code, or generate a grocery list for your family. Generative AI can do all of these things and infinitely more. It certainly feels futuristic, but it is not; AI is the present. And the generative AI of the present is not the AI of tomorrow. Our interviews with experts have made clear that no one knows where AI will be in 15, 10 or even five years, but the consensus predicts the pace of change will be dramatic. How can students, education providers and employers keep up?