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Artificial Intelligence (AI) refers to machines that mimic human intelligence processes like learning, reasoning and problem-solving. Rapid advancements in areas like machine learning and deep learning are allowing AI to tackle complex tasks across many industries. As AI systems are increasingly integrated into our daily lives through applications in fields such as transportation, education and healthcare, it has enormous potential to positively transform how we live and work. However, AI also presents challenges if not developed and governed responsibly, as jobs may be disrupted and inequality increased. If guided well, AI is poised to power innovative solutions and drive significant productivity gains, while augmenting rather than replacing human capabilities over the coming decades. Overall, AI will likely revolutionize our world through both benefits and risks that must each be carefully managed.

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