ABSTRACT Artificial intelligence (AI) is influencing all aspects of modern life, with its applications increasingly being used to mimic human cognitive functions, making people's lives easier and more efficient. In the education sector, AI is enhancing both teaching and learning processes. AI systems are being utilized to assist learners, and the increasing use of AI is transforming the educational landscape. The research explores the potential applications of AI in education, reviews their proven and potential educational benefits, connects AI technological advancements with educational applications, and offers practical examples for both technologists developing AIEd technologies and educators driving AI innovations in education. It also addresses the balance between AIED's potential benefits and rising ethical and privacy concerns, emphasizing the issues and policy considerations necessary for global and local discussions on the benefits and risks of integrating AI into education and preparing students for an AI-driven society.