In the recent few years, it has been observed that the capability of conventional growth drivers viz. These traditional growth boosters are losing their aura in the process of trying hard to sustain the continuous ascend towards success, witnessed in the yesteryears in most developed countries. However, that is only one side of the coin, on the flip side; Artificial Intelligence (AI) is soaring up and has emerged as the new growth lever of production. Adding to its welfares, AI has also exhibited the potential to lead newer growth sources, revolutionize daily operations and reinforcing the role of people to drive growth in business. Authenticating these observations is a recent report by Accenture that clearly describes the impact of AI in 12 developed countries.