Artificial intelligence (AI), in various forms, has been around for decades. Particularly, in the last couple of years, its role in higher education has received a lot of attention, with a concurrent increase in the range of AI learning tools. It has been described as a disruptive technology with a transformative potential. Just a short time after COVID-19 hastened the integration of online learning into the educational process, higher education institutions are now faced with the challenge of adapting once again to a new reality and must decide whether to stand in front of the AI wave or embrace it. This chapter aims to present a brief history of AI before addressing where we are going in the context of higher education. This entails addressing opportunities and concerns, as well as future perspectives relating to the roles of the different stakeholders involved (the educator, the learner, and the institution) and the relationship dynamics among them.