This article explores the complex relationship between artificial intelligence (AI) and privacy. While acknowledging AI's potential benefits, the authors emphasize the ethical implications of its data-driven nature. The article begins by outlining the privacy risks inherent in AI systems, including data breaches, surveillance, and the potential for bias and discrimination. It then delves into ethical considerations surrounding AI development, such as transparency, accountability, and the need to prioritize human values. Various frameworks for balancing innovation with privacy protection are discussed, including Privacy by Design principles and the General Data Protection Regulation (GDPR). It also examine case studies of privacy violations in AI systems, highlighting the real-world consequences of inadequate safeguards. Looking towards the future, the article identifies advancements in privacy-preserving AI technologies as a crucial area of research. It concludes by advocating for a comprehensive approach to AI governance that combines technological innovation with ethical and regulatory strategies, by stressing the importance of proactive measures to mitigate privacy risks and ensure that AI technologies are developed and deployed in a manner that respects.