The phenomenal impact that Artificial Intelligence (AI) is projected to have on our economy and our daily lives is nothing short of astounding. It is predicted that AI will significantly ($15.7 trillion) contribute to the world economy by 2030. While its prominence has magnified its adoption and use-cases, criticisms abound with its adoption resulting in job losses, unintended biases, privacy, surveillance concerns and even the energy-hogging data centers building the AI models. As with any new technology, its abuse versus its safe and productive use with the right sets of ethics and regulations rests on us.