Multilayer perceptrons can compute all relevant functions
The limitations described by Minsky & Papert don't apply to multilayer networks.
Minsky & Papert ignored such networks in part because there were no useful learning procedures for training them. Today, however there are several effective algorithms for training multilayer networks.

David Rumelhart & James McClelland, 1986b.
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One-layer perceptrons can’t compute certain functions »One-layer perceptrons can’t compute certain functions
Multilayer perceptrons can compute all relevant functions
James McClelland »James McClelland
David Rumelhart »David Rumelhart
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