Error while executing the PASSWORD function in MySQL Server version 8.0.12

I have the following query:

SELECT * 
FROM users 
WHERE login = 'FABIO' 
  AND pwd = PASSWORD('2018') 
LIMIT 0, 50000

I am getting this error:

Error Code: 1064. You have an error in your SQL syntax; check the manual that corresponds to your MySQL server version for the right syntax to use near