<ul data-eligibleForWebStory="true">Artificial Intelligence (AI) is evolving from mere assistants like Siri to creators like DALL-E and ChatGPT.AI adoption in businesses has surged by 270% in the last 4 years, with a projected $15.7 trillion contribution to the global economy by 2030.AI offers various opportunities in healthcare, education, and work by enhancing convenience and fostering innovation.However, challenges such as job displacement, biases in AI systems, and privacy concerns persist.The ethical implications of AI raise a crucial question: Will AI be a friend or a foe to humanity?It's essential to develop and regulate AI responsibly to ensure it complements human creativity.The AI revolution is reshaping the world, emphasizing the need to harness its potential while managing associated risks.