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Artificial Intelligence (AI) has recently become a popular topic of conversation due to the widespread adoption of AI-based tools such as chatbots and automatic image generation programs. This article aims to provide perspective on the potential risks posed by these developments, while also highlighting the potential for AI to generate sustainable economic growth and help tackle the most pressing challenges of the 21st century. AI is a discipline within computer science or engineering that has been around since the 1950s, and can be divided into three levels depending on the level of competence. AI can be applied to any field, and is profoundly changing all aspects of society.