“AI isn’t magic. It’s not a genie in a bottle. It’s a prediction technology- like spreadsheets or the steam engine-just better at certain things. And the economic question it raises are familiar ones: “Who benefits? Who bears the risk?” This is what a renowned researcher from Princeton remarked while exploring the question: what can artificial intelligence realistically deliver for development, and where we should be cautious?

Who bears the risk?

What happens when AI does all the heavy lifting? What is left for the human brain to do? Where does our creativity perish? Is it possible for our minds to grow rusty if not put to use because we have AI chatbots now? What happens when the less experienced and young minds use AI without proper education about it?

AI has transformed our lives, which seems nothing less than magic. It has nearly revolutionized everything, be it brainstorming, writing, designing or diagnosis. It felt no less than gaining hold of a magic wand when tools like ChatGPT, Bard or other generative AI first arrived on the scene.

Yet almost immediately, dependence crept in. It goes without saying that AI augments human capabilities. Yet its over-reliance poses a risk. What started as occasional assistance turned into near-constant reliance. For instance, students using AI for sentence formation in early grades, researchers trusting AI-generated code without fully understanding it, tasks that once required struggle are now outsourced.

Some processes e.g., analytical reasoning, hypothesis formation, the process of drawing links between past and present are neither instantaneous........

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