Conceptually Speaking you can reduce it down to Intelligence and strip out the Artificial Label.

So know the question is what is Intelligence. Our standardized testing Model tells us passing tests that Humans cannot would be considered intelligent.

Then add back in artificial to complete the equation.

Commercially the Term Ai Means nothing thanks to years of Machine Learning being labeled such. It's arbitrary and relays more to Group Think to avoid approaching that Intelligence is a Scalar Value and not a Binary Construct.