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In this short editorial we present some thoughts on present and future trends in Artificial Intelligence (AI) generally, and Machine Learning (ML) specifically. Due to the huge ongoing success in machine learning, particularly in statistical learning from big data, there is rising interest of academia, industry and the public in this field. Industry is investing heavily in AI, and spin-offs and start-ups are emerging on an unprecedented rate. The European Union is allocating a lot of additional funding into AI research grants, and various institutions are calling for a joint European AI research institute. Even universities are taking AI/ML into their curricula and strategic plans. Finally, even the people on the street talk about it, and if grandma knows what her grandson is doing in his new start-up, then the time is ripe: We are reaching a new AI spring. However, as fantastic current approaches seem to be, there are still huge problems to be solved: the best performing models lack transparency, hence are considered to be black boxes. The general and worldwide trends in privacy, data protection, safety and security make such black box solutions difficult to use in practice. Specifically in Europe, where the new General Data Protection Regulation (GDPR) came into effect on May, 28, 2018 which affects everybody (right of explanation). Consequently, a previous niche field for many years, explainable AI, explodes in importance. For the future, we envision a fruitful marriage between classic logical approaches (ontologies) with statistical approaches which may lead to context-adaptive systems (stochastic ontologies) that might work similar as the human brain.