A significant growth in the number of new artificial intelligence (AI) jobs in the United States was seen in 2021, where new AI jobs reached over 26,000. This declined to 14,000 in 2024, which coincides with the decline in global corporate investment in AI from 2022. Despite the fall, AI’s ability to bridge the skills gap between highly skilled and low-skilled workers and improve productivity has resulted in considerable growth opportunities and increased global private investment in AI, reaching $93.5 billion in 2022. The Chinese government expects AI to generate $154.6 billion in annual revenue by 2030, demonstrating the potential of AI and its ability to automate tasks, provide data-driven insights, improve training experiences, and transform job roles to drive innovation and efficiency. As AI integration continues across various sectors, regulatory frameworks are being developed to address potential risks and ensure responsible development. The European Union has proposed the AI Act, aiming to address the risks of AI systems, while the United States released a report that called for improved transparency and accountability.