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Artificial Intelligence (AI) technology's rapid advancement has significantly changed various industries' operations. This comprehensive review paper aims to provide readers with a deep understanding of AI's applications & implementations, workings, and potential impacts across different sectors. It also discusses its future, threats, and integration into new policy. Through extensive research on more than 200 research and many other sources, the authors have made every effort to present an accurate overview of the numerous applications of AI nowadays in industries such as agriculture, education, autonomous systems, healthcare, finance, entertainment, transportation, military, manufacturing, and more. The paper explores various AI technologies, including machine learning, deep learning, robotics, big data, the Internet of Things, natural language processing, image processing, object detection, virtual reality, augmented reality, speech recognition, and computer vision. It provides real-world examples of their applications and implementations. Moreover, it highlights and evaluates the future potential, challenges, and limitations associated with the widespread use of AI. Our study incorporates the latest research to offer a comprehensive and nuanced understanding of AI's potential benefits and challenges. This data-driven review case study highlights the immense potential of AI technology and addresses the ethical, societal, and economic considerations related to its implementation. |