Artificial Intelligence as the New Oil

Authors

  • Lamia Awad Jahel Al-Nahrain University Author

DOI:

https://doi.org/10.64184/ajlps.V3.I1.Y2026.P675-709.293

Keywords:

Artificial Intelligence, Oil, Law, Education, Health, Development

Abstract

As a strategic resource often referred to as the "new oil," not as a physical commodity, but as a knowledge-based asset driving economic growth and societal transformation. It is a crucial investment tool, providing countries and companies with the ability to innovate, increase efficiency, and achieve sustainable development. The impact of AI is particularly evIdent in key sectors: in healthcare, through early diagnosis, precise treatment, and epidemic prediction; in education, via personalized learning, digital education platforms, and student performance enhancement; and In law, through smart courts, legal data analysis, and accelerating access to justice. Despite its significant benefits, AI presents ethical and legal challenges, including privacy protection, ensuring fairness, and avoiding algorithmic bias. Therefore, investing in AI requires a strategic and responsible approach, supported by clear regulatory frameworks to balance innovation with human protection.In conclusion, AI represents the most critical resource of the 21st century and a fundamental driver for the future of sustainable development and the global knowledge economy.

 

References

List of Sources and References

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Published

2026-04-02

How to Cite

Artificial Intelligence as the New Oil. (2026). Ashur Journal of Legal and Political Sciences Is Issued by the Iraqi Association of Legal Sciences, 3(1), 675-709. https://doi.org/10.64184/ajlps.V3.I1.Y2026.P675-709.293

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