Artificial intelligence (AI), propelled by advancements in machine learning, has made significant strides in solving complex tasks. However, the current neural network-based paradigm, while effective, is heavily constrained by inherent limitations, primarily a lack of structural organization and a progression of learning that displays undesirable properties. As AI research progresses without a unifying framework, it either tries to patch weaknesses heuristically or draws loosely from biological mechanisms without strong theoretical foundations. Meanwhile, the recent paradigm shift in evolutionary understanding -- driven primarily by evolutionary developmental biology (EDB) -- has been largely overlooked in AI literature, despite a striking analogy between the Modern Synthesis and contemporary machine learning, evident in their shared assumptions, approaches, and limitations upon careful analysis. Consequently, the principles of adaptation from EDB that reshaped our understanding of the evolutionary process can also form the foundation of a unifying conceptual framework for the next design philosophy in AI, going beyond mere inspiration and grounded firmly in biology's first principles. This article provides a detailed overview of the analogy between the Modern Synthesis and modern machine learning, and outlines the core principles of a new AI design paradigm based on insights from EDB. To exemplify our analysis, we also present two learning system designs grounded in specific developmental principles -- regulatory connections, somatic variation and selection, and weak linkage -- that resolve multiple major limitations of contemporary machine learning in an organic manner, while also providing deeper insights into the role of these mechanisms in biological evolution.