Explore the future of Natural Language Processing in this comprehensive 1-hour lecture by Thomas Wolf, Science lead at HuggingFace. Delve into transfer learning, examining open questions, current trends, limits, and future directions. Gain insights from a curated selection of late 2019/early-2020 research papers focusing on model size and computational efficiency, out-of-domain generalization, model evaluation, fine-tuning, sample efficiency, common sense, and inductive biases. Analyze the impact of increasing data and model sizes, compare in-domain vs. out-of-domain generalization, and investigate solutions to robustness issues in NLP. Discuss the rise of Natural Language Generation (NLG) and its implications for the field. Address critical questions surrounding inductive bias and common sense in AI language models. Access accompanying slides for visual support and follow HuggingFace and Thomas Wolf on Twitter for ongoing updates in the rapidly evolving world of NLP.