Artificial intelligence is the most revolutionary and disruptive technology of the mid twenty-first century, not only because of its capabilities to learn from experience and perform autonomously from humans. This is due to its capabilities to learn as a matter of fact and perform independently from living person. Although the notion of Artificial Intelligence (hereinafter referred as AI) is not new and has been present for over sixty years but its pervasive effect is a relatively recent occurrence. From game-playing cars to self-driving cars, right from automated suggestions on internet platforms to computer-aided diagnostics and from human face recognition to artificial face generation, everywhere we see the revolutionary potential of AI in our daily lives. It is already being used in various fields including the Intellectual Property (hereinafter referred as IP), legal sector; air traffic control systems, healthcare and Internet of Things (hereinafter referred as IoT) including all aspects of other intelligent systems, these are just a few examples. In fact, for the maintenance and operation of our physical and digital infrastructure including the area of IP, we are becoming more and more reliant on AI-based technologies. Owing to autonomous features and ability to learn without assistance of human, the existing sectors of IP are facing a range of difficulties, particularly in the realm of copyright. The AI and IP has become most of the burning issues of 21st century in context of above aspects. This is a debatable issue because of its breadth and usefulness in variety of fields is being introduced technically in various fields aiming to perform any work in a better way by replacing human being or reducing human effort.