This article explores the social impact of Artificial Intelligence (AI) and provides insights on managing its implications effectively. While AI holds potential for societal transformation, it also raises significant ethical, economic, and social concerns. This paper examines key considerations such as ethics, job displacement, privacy and data protection, algorithmic bias, social inequality, accountability and regulatory frameworks, transparency and comprehensibility, and human-centric design. By addressing these factors, policymakers, industry leaders, and stakeholders can steer the development and deployment of AI towards alignment with human values, contributing to a more inclusive and sustainable future.This paper was prepared by Mushtariy Usmonova under the supervision of Shakhboz Akhmedov. Read the paper