This report explores the various risks and challenges associated with the global adoption of Artificial Intelligence (AI), examining both developed and emerging economies. It addresses a wide array of issues, primarily focusing on ethical dilemmas, as well as concerns related to security, safety, and personal privacy. While AI offers significant opportunities, the ethical implications of its integration are substantial and warrant careful consideration. It highlights the difficulties enterprises face in adopting AI, providing insights into the complexities of integrating this technology into existing systems.