As we navigate through the 21st century, the convergence between Artificial Intelligence (AI) and Cybersecurity becomes increasingly apparent. This article highlights the profound effect of AI on modern cybersecurity and the potential benefits and challenges that lie ahead.

AI notably reduces the need for human input by learning from previous experiences. Leveraging this characteristic, AI can be harnessed to detect anomalies, predict possible threats, and combat cyber-crimes efficiently, reducing the vulnerability of systems to malicious attacks.

Several examples exist globally, where AI concords with Cybersecurity in offering solutions. For instance, AI algorithms are increasingly used to handle voluminous data and identify threat patterns that would ordinarily surpass the capacity of human analysts. Similarly, AI is often harnessed to offer personalized security solutions tailored to individual user behavior, thereby minimizing potential risks.

Despite the identified benefits, the marriage between AI and Cybersecurity is not without challenges. The most daunting is perhaps the development of AI-powered cyber-threats, which can learn from existing security measures and devise new ways to breach defenses.

Furthermore, ethical and privacy issues abound as the degree of data required by AI systems often broach on user confidentiality. Additionally, there is also the issue of the overall dependence on AI, which in the case of flaws or failure points, poses significant risks to cybersecurity infrastructures across various sectors.

In conclusion, the convergence of AI and Cybersecurity hitherto unprecedented. While this intersection harbors immense potential, it necessitates careful handling to alleviate possible challenges. Therefore, business leaders, decision-makers, and innovators must take on the responsibility of steering these technologies in the right direction, thereby shaping a secure future for all.