The integration of artificial intelligence (AI) in cosmetology is transforming the industry in numerous ways, including the introduction of advanced tools such as at-home skin analysis devices that can evaluate skin quality and augmented reality applications that allow users to virtually try on various makeup products. These innovations empower individuals to make well-informed decisions about their cosmetic care and enable cosmetologists to predict treatment outcomes with higher accuracy. In this way, AI enhances patient satisfaction by better aligning expectations with achievable results. A computerized database search was performed to identify articles relevant to this topic. A comprehensive search was applied to the following electronic databases: IEEE Xplore, PubMed, Google Scholar, and Research Gate. This review explores four key areas in the current literature where AI contributes to cosmetic procedures. Firstly, AI democratizes skincare by making products and services more accessible to everyone. Secondly, it bridges the gap between physicians and cosmetic suppliers by enlightening collaboration and innovation. Thirdly, it improves the assessment of cosmetic ingredients by ensuring better safety and efficacy, and lastly, AI provides an ethical alternative to animal testing by replacing the Local Lymph Node Assay (LLNA) and the Guinea Pig Maximization Test (GPMT) with in silico models. While AI offers significant benefits, it also raises concerns about data privacy, informed consent, and the potential for promoting unrealistic beauty standards. Addressing these challenges involves implementing measures such as anonymization and de-identification techniques to protect sensitive data and safeguard informed consent for data collection and processing. This article aims to highlight the responsible and ethical use of AI in cosmetology, emphasizing the importance of accuracy and customization in cosmetic care, which represents a significant advancement in the industry.