Can AI bring reform changes in major industries?

[rjensen91]

People are still skeptical when it comes to AI taking over jobs with automating processes and back office work. Some believe its just an initial phase and AI will in fact generate an entire new range of work/jobs for people. AI has a lot of potential if we know how to put it to use.
This is something that concerns me because we have created too much hype around it but honestly we are not prepared for such innovations. Its not just about technology we also need to prepare the infrastructure. We are somehow overdoing it while ignoring the actual areas that need improvisation.
What do you think about AI in our day to day life? Could it come in handy or is just going to replace us?