Artificial Intelligence (AI) has emerged as one of the most transformative technologies of the 21st century, influencing nearly every aspect of human life. In Volume 1, we laid the foundation for understanding AI ethics by exploring its core principles, such as fairness, accountability, transparency, and explain ability (FATE). We examined algorithmic bias, privacy concerns, and AI's impact across various sectors, highlighting the challenges of ensuring ethical AI deployment. These discussions provided a crucial ethical framework for evaluating AI's development and use. However, ethical concerns extend beyond technical and sector-specific issues. AI's implications are deeply intertwined with broader societal, cultural, economic, and geopolitical dynamics. Volume 2 shifts the focus from the fundamentals of AI ethics to its global impact, security challenges, regulatory policies, and long-term ethical considerations. Present book consist of nine chapters: Introduction, Economic and Social Impacts, Cultural and Global Perspectives, Adversarial AI and Security Concerns, Ethics in Generative AI, Policy and Regulation, Case Studies, Recommendations and Conclusions.