Too Long; Didn't Read
Natural Language Processing has made tremendous strides the last few years, undoubtedly. One should expect the next five or ten years to see a Cambrian Explosion of sorts in the sector, not just in language-focused technology like translation and language learning, but across the continuum of modern technology. That being said, we are still a little out of step on some critical issues. This is not to say there are not teams of brilliant and motivated people on a definite road to solving these problems, but the solutions have not hit the public — yet.