This paper presents a multi dimensional view of AI's role in learning and education, emphasizing the intricate interplay between AI, analytics, and the learning processes. Here, I challenge the prevalent narrow conceptualization of AI as stochastic tools, as exemplified in generative AI, and argue for the importance of alternative conceptualisations of AI. I highlight the differences between human intelligence and artificial information processing, the cognitive diversity inherent in AI algorithms, and posit that AI can also serve as an instrument for understanding human learning. Early learning sciences and AI in Education research, which saw AI as an analogy for human intelligence, have diverged from this perspective, prompting a need to rekindle this connection. The paper presents three unique conceptualizations of AI in education: the externalization of human cognition, the internalization of AI models to influence human thought processes, and the extension of human cognition via tightly integrated human-AI systems. Examples from current research and practice are examined as instances of the three conceptualisations, highlighting the potential value and limitations of each conceptualisation for education, as well as the perils of overemphasis on externalising human cognition as exemplified in today's hype surrounding generative AI tools. The paper concludes with an advocacy for a broader educational approach that includes educating people about AI and innovating educational systems to remain relevant in an AI enabled world.

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