What does Artificial Intelligence spell for policy-makers?

The historical evolution of Artificial Intelligence (AI) dates back to the year 1996 when Deep Blue AI defeated the then world chess champion. Garry Kasparov The year 2019 witnessed geopolitical paradigm where there was a race for technological supremacy between superpowers. It is estimated that by 2034-40, 50 per cent of the jobs would be automated in United States i.e.; within the next 15 years (Lee Kai Fu, AI Superpowers). Also majority of researchers predict singularity by 2045 -- a stage where machines become more advanced than human beings. This necessitates one to understand AI, its benefits, its major issues and its implications on government and social order.