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Artificial Intelligence is set to herald a promising future for education. It has the potential to bring a massive change in the way education is delivered today, making it more personalized. The integration of AI into the classroom will help teachers address the gaps of traditional methods of teaching a group of students with diverse needs. In such a traditional learning environment, teachers are not able to cater to the demands of every student. AI can aid teachers by identifying factors of successful learning for each student that are not possible to capture otherwise. A personalized learning environment can analyze student performance data in real time and automatically provide customized content, learning parameters and feedback. It also allows teachers to better understand student performance and as a result, teachers can design effective learning plans for their students. Education is a domain largely ruled by human-human interaction. It is difficult to develop learning systems that exhibit human-like attributes of responsiveness, adaptability and understanding. Yet, the advances in educational technology have brought in a plenty of smart learning systems which have utilized AI's inherent strengths to meet the ever growing demands of the new age learners. Though it may seem that these AI backed smart learning systems will replace teachers in foreseeable future and render them jobless. In fact, the future of learning with AI will give rise to a hybrid approach where AI will assist teachers in effectively meeting the varied needs of many students simultaneously. In future, the role of teachers will evolve. Human educators will be able to spend their time more efficiently and effectively in teaching and research. Mundane and repetitive roles of a teacher will be relegated to AI and complex and creative tasks will be performed by humans. By using AI in their classrooms, teachers will not only be able to teach their subjects with greater depth but will also be able to cultivate curiosity and creativity among students. Teacher will play a pivotal role in creating personalized learning environments that are dynamic, scalable, robust and economically viable.