In an age where Artificial Intelligence (AI) evolves at a breakneck pace, the boundaries of machine capabilities are constantly being redefined. Propelled by advancements in deep learning and related technologies, AI is inching ever closer to mimicking human intellect. But can it achieve consciousness? And if so, at what cost to humanity? This book delves deep into the multi-faceted debate surrounding artificially conscious AI. It untangles ethical quandaries, philosophical dilemmas, technological challenges, political considerations, and the regulatory landscape. By drawing connections between AI research, neuroscience, and cognitive science, the narrative provides a comprehensive understanding of what consciousness might mean in the context of AI. As over a thousand AI luminaries globally sound the alarm, urging a pause on certain AI developments, the book underscores the urgency of its message. Recent incidents have spotlighted AI systems with capabilities so advanced that even their creators grapple to fully grasp or control them. It's imperative, now more than ever, to critically assess the implications of AI consciousness, weighing its potential risks against its benefits. This book offers both a timely warning and a call to informed action.