Artificial intelligence is rapidly reshaping various aspects of society, including the realm of education. The emergence of ChatGPT in November 2022 has ignited global discourse, prompting numerous studies to explore its potential benefits and drawbacks, particularly within higher education. ChatGPT offers numerous advantages for teaching and learning, such as promoting personalized education, assisting in research paper writing, refining grammar, and writing skills, and fostering critical thinking. However, alongside its benefits, concerns regarding ethical considerations and academic integrity have been raised. This paper delves into the role of ChatGPT as an AI tool, examining studies conducted between 2022 and 2023. It also addresses the ethical and academic dilemmas associated with its widespread use. Additionally, the paper discusses the challenges impeding the seamless integration of AI in education, particularly in developing countries like Jordan. Furthermore, it sheds light on Jordan's efforts to embrace artificial intelligence in education and underscores the necessity for an education-centric AI policy to cultivate skilled professionals capable of navigating the global AI revolution. Despite varying conclusions across studies, this review underscores the importance of prioritizing the education sector within Jordanian AI policies. Such prioritization is crucial given the sector's role in nurturing skilled individuals and implementing curricula effectively, thus facilitating national development. This paper holds significance for researchers, educational technology practitioners, and policymakers alike, offering insights into the multifaceted implications of AI integration in education and advocating for informed policy decisions to harness its potential effectively.