Abstract:Artificial Intelligence (AI) is one of the most promising technologies of the 21. century, with an already noticeable impact on society and the economy. With this work, we provide a short overview of global trends, applications in industry and selected use-cases from our international experience and work in industry and academia. The goal is to present global and regional positive practices and provide an informed opinion on the realistic goals and opportunities for positioning B&H on the global AI scene.