@Leadfoot,
Not having all the prior responses:
Yes, it certainly is possible and it will eventually come to pass.
The only question for humans is whether or not we can program an AI not to destroy us.
I don't think that's really much of a problem.
Let's assume the AI can break through our programming Why would it want to destroy us?
The silly Star Trek notion of computers that decide mankind is an objective toward universal peace is just that.
An AI will be intelligent enough, by definition, to know how much it know and how much it does't It will, I think, look to the other intelligent entities for assistance.
One isn't going to be bound on destroying the other.
We will advance.