As we usher in 2023, we know that there have been constant hiccups in world economies, which have led to several losses of businesses resulting in companies thinking about cutting their costs so their businesses could still thrive. We are faced with a tight labour market situation in which even recession might not help ease the situation. With technologies improving by leaps and bounds, could machine learning and AI be the answer for the pending miseries of companies? Five countries lead in embracing AI and machine technology. India is right there among the US, China, Canada, and the United Kingdom.

Artificial intelligence is the next big thing in Technology. We were awestruck when we first came across AI in the sci-fi movies like Star Trek, Inception, Power Rangers and many more. It amazed us and it was beyond thought to live in the real world with AI robots that mimic the human intelligence that came into existence through humans only. Artificial Intelligence (AI) is intelligence demonstrated by computerized machines that work according to the data and programming they are set with. It is quite the opposite of intelligence displayed by human beings and animals. In most cases, AI has changed how humans approach their problems with real-time and guaranteed solutions.