I firmly believe that neural nets and other techniques are still essential components needed for implementing artificial minds. We now know that processing power and storage space are alone are not enough, a brain needs actual software that tells it what to do with information and how to organize itself. That's essentially how I became very skeptical of the kind of brute force AI research that is being conducted today. For instance, modeling a synapse chemically down to the atomic level is nice for basic research, but it's definitely not the way to implement AI. For this, we need larger abstractions that are functionally equivalent and translate well into efficient computer code, and we need to figure out how to make these pieces of code interact with each other in a meaningful way. My wild guess would be that today we're not even constrained by computing power or storage needs, we just lack the correct design.
Of course, this is assuming that there isn't something deeply spooky going on driving human consciousness - which is a possibility I used to regard as terribly silly but some of the concepts alluded to (in all places) Neal Stephenson's Anathem have got be wondering about such things again.
Googling Anathem brought me to this blog review of it:
http://neopythonic.blogspot.com/2008/10/thoughts-after-readi...
which reminded me of this NIH neuro anatomist who studied her own stroke, including during her multi-year recovery.
Her TED talk: http://www.ted.com/talks/jill_bolte_taylor_s_powerful_stroke...
YouTube of same: http://www.youtube.com/watch?v=UyyjU8fzEYU
She sees the right brain hemisphere as being our "consciousness" wetware connecting us to others.
Parts of the video are esoteric, but it's fascinating to hear this first-person account from a brain researcher, especially of the morning of her stroke when her left hemishphere was damaged by a spontaneous brain hemorrhage.
Edit: couple of typos
FWIW, I ended up doing my PhD on Genetic Algorithms / Genetic Programming : where the biological inspiration (and understanding) works both ways (IMHO).
http://www.numenta.com/for-developers/education/general-over...