• Dr. Samanapelly Gangaiah

The urgency of sustainable economic development in the 21st century is superimposed on the exponential rise of Artificial Intelligence (AI) as a transformative general-purpose technology. The present paper discusses the ambiguous and dual functionality of AI in the context of the implementation of the 2030 Agenda on Sustainable Development. It pulls together a considerable amount of literature in an attempt to examine how AI applications are also leading to emerging opportunities in many of the major sustainable areas, such as renewable energy, precision in farming, smart cities based urban infrastructure, and the circular economy varying in the fields to optimize the resource utilization, achieve high productivity, and provide new solutions to environmental problems. By conducting a qualitative analysis of case studies of developed and developing countries and with access to macro-level data on investment and national rates, the paper presents an evidence-based analysis of the concrete effects of AI. The results reveal that, in contrast to being an impressive driver of sustainability, the implementation of AI has its major risks associated with energy consumption, biased algorithms, and socio-economic turmoil. The argument is that the technological competence in itself cannot prove as efficient in ensuring good results; the phenomenon of AI depends on strategic and proactive control. In the paper, a conclusion has been presented with precise policy propositions that the governments, representatives of the private sector, and the research community should implement in a concerted effort to guide the progress of AI so it can become a utility not just economically viable but also ecologically acceptable and socially fair. The working hypothesis is that we and a vast range of parties to the solution can only achieve the full potential of AI to create a sustainable future and, at the same time, curtail the deep risks they might bring by adopting a proactive, multi-stakeholder approach.

Artificial Intelligence, sustainable economic growth, economic development, machine learning, sustainable development goals (SDGs), green technology, AI governance, climate tech.

"THE ROLE OF ARTIFICIAL INTELLIGENCE IN FOSTERING SUSTAINABLE ECONOMIC GROWTH AND DEVELOPMENT", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.12, Issue 8, page no.352-359, August-2025, Available :http://www.jetir.org/papers/JETIRHC06054.pdf

"THE ROLE OF ARTIFICIAL INTELLIGENCE IN FOSTERING SUSTAINABLE ECONOMIC GROWTH AND DEVELOPMENT", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.12, Issue 8, page no. pp352-359, August-2025, Available at : http://www.jetir.org/papers/JETIRHC06054.pdf