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It has been broadly observable that AI is increasingly and significantly affecting the way we live and do things. In this regard, many recent reports, surveys and estimations provide indications that describe the outbreak of AI as an integral part of the future. The global AI technology market is expected to experience massive growth in the coming years, with sales rising from about USD 9.5 billion in 2018 to an estimated USD 118.6 billion by 2025, according to market research firm Tractica. The AI industry as a whole covers a wide range of applications like those of natural language processing (NLP), automation of robotic processes and deep learning, amongst others (Tractica, 2019). Many giants in the tech industry have made significant investments in AI acquisitions as well as AI research and development. Corporations like Microsoft, IBM, Google and Samsung have filed thousands of AI patent applications since …