Artificial Intelligence (AI) has become the trend of the year in business circles around the world. OpenAI’s ChatGPT, a conversational chatbot, has shown the world the true potential of AI. The global AI market size was valued at $428 billion in 2022 and is projected to grow to $2.02 trillion by 2030. AI is being used in many industries, from automotive to finance to fashion, and is expected to cut corporate costs, create jobs, and replace existing jobs.