By Phares Chege and Daniel Njogu The emergence of unanticipated technological changes has significantly increased the degree of error in forecasting models and human imaginations about the future. It has also brought a sort of equity, as now we are all drifting through murky waters in the perspective of what the future holds. The development of blockchain, generative Artificial Intelligence (AI) tools and quantum computer has redefined our day-to-day lives.  AI technologies have been integrated into devices we are using making them more responsive and capable of interacting in ways that feels helpful and natural.  This article proposes deconstructing fallacies around AI on business processes and continuity. According to ISO/IEC 22989:2020, AI is the capability to acquire, process, create and apply knowledge held in the form of a model to perform tasks. AI applications are revolutionizing business operations through innovation and processes optimization. Machine learning and deep learning have drastically created a paradigm shift in almost every economic sector. As AI grows exponentially, there are deep concerns about privacy, inequality, bias, safety and security. There is also concerns on transparency and fairness in AI algorithmic processing. The risks and complexity of AI call for robust governance mechanisms and frameworks to guide businesses on sustainable adoption and management of AI technologies.  Organizations are walking a tightrope between embracing AI models opportunities and related risk exposures. As AI innovations are disrupting business, audit processes and methodologies are expected respond to changing business needs. Internal audit just like the business will be required to leverage technology by being agile and innovative to be in position to redefine new ways of doing business. For a harmonized growth and management of AI associated technologies, governance and regulatory guidelines need to keep up the speed. The future auditor should continuously learn or upskill to keep abreast of new trends and standards in