"Person of the Year is a powerful way to focus the world's attention on the people that shape our lives. And this year, no-one had a greater impact than the individuals who imagined, designed, and built AI," Time editor-in-chief Sam Jacobs wrote in a letter to readers.
The magazine says AI is "wowing and worrying humanity" and changing the world in "sometimes frightening ways".
Time named then-President-elect Donald Trump “Person of the Year” in 2024, as well as in 2016.