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This chapter is excerpted from 'Economic Renaissance in the Age of Artificial Intelligence'. Development of Artificial Intelligence (AI) has become a top priority for most leading economies. However, there is an evidence of productivity paradox in today's economy. There is also an evidence that in the last 30 years, growth in productivity from technological innovations has resulted into more income inequality as well as formation of giant oligopolies in the technological sector. Marshall Goldsmith wrote in his book 'What Got You Here, Won't Get You There' that people rely on their past experience to address new challenges. The limitation with this approach is that these new challenges often arise from different contexts and may not be susceptible to traditional approaches. In the coming era of AI, expanded use of robots, and increased transnational commerce, humanity will face monumental challenges that will differ from those we have faced in the past, including how to avoid mass unemployment due to a rapid growth of automation. In order to survive and thrive in this new era, we will have to think and act differently, so that new ideas can solve not only the problems of the present but also of the near and distant future. The economic policies of past that have driven the technological progress would further increase disparity because the owners of capital will eventually become the owners of robots. Hence, Economic Renaissance in the Age of Artificial Intelligence calls for a total restructuring of the economy based on a new economic treatise that prioritizes creating employment opportunities for human beings over offering free social benefits such as universal basic income (UBI). This book explores a wide range of new approaches to the economic, social, legal, scientific, technological, financial, architectural, environmental, and humanistic challenges that humanity will face due to increased automation. The new methods and approaches outlined by the various experts in this book will help inform and inspire humanity to create a more balanced world in which science, economics, and the environment can thrive for years to come.