Purpose: The article was written for review purposes in order to bring the definition of artificial intelligence closer and briefly present the possibilities of its use in management and economic sciences, as well as in higher education. Design/methodology/approach: In order to obtain the desired information, the author conducted a research of the scientific papers on the relationship between higher education and artificial intelligence and extracted the most important conclusions and theories. Findings: The review of the literature allowed the author to determine that there are many applications for artificial intelligence in higher education, but it should be noted that it should always be under human control and verification. Originality/value: Apart from a brief attempt at the definition of AI and its use in higher education, the author also presents a critical perspective and possible threats, as well as proposes solutions that can regulate the ways of using artificial intelligence not only in higher education, but also in other areas of industry and social life.