AS1, AS2, and AS3

Actions 1999
Introduced with Flash Player 4
Accessible through the Actions Panel
Basic Timeline commands; stop(), play()...
Animation focus
ActionScript (1) 2000
Introduced with Flash Player 5
Expanded Actions into a full language
Based upon ECMA-262 (Third Edition)
Loosly-typed
ActionScript 2 2003
Introduced with Flash Player 7
Allows for classes and inheritance
Based upon ECMAScript Fourth Edition draft
Actually compiles to AS1 bytecode
ActionScript 3 2006
Introduced with Flash Player 9
ActionScript Virtual Machine 2
Based upon ECMAScript Fourth Edition draft
(now defunct)
Language entirely rewritten
ActionScript Future
ActionScript 3 is still going strong
Expanded upon with each Flash Player release
Flash Player 11 Stage3D, StageVideo,
StageText, other expanded APIs
Future includes concurrency, telemetry, et
cetera