Recommendation systems have become a crucial component of digital platforms, enhancing user experience by providing personalized content suggestions. Over the years, these systems have evolved from traditional rule-based and collaborative filtering methods to sophisticated deep learning-driven and reinforcement learning-based approaches. This paper provides a comprehensive review of the advancements in recommendation systems, highlighting their evolution, current challenges, and future trends. We discuss key issues such as data sparsity, scalability, privacy concerns, and ethical considerations. Furthermore, we explore emerging trends, including large-scale pretrained models, reinforcement learning in multi-agent environments, edge AI for real-time personalization, federated learning for privacy-preserving recommendations, cross-domain and multimodal recommendations, and AI-generated content (AIGC). The paper aims to provide insights into the technological advancements and research directions that will shape the next generation of recommendation systems.