The rapid shift from digital technologies to artificial intelligence (AI) is reshaping education, work, and everyday life. As future professionals, students must move beyond basic digital literacy and develop the knowledge, skills, and attitudes needed to engage with AI responsibly and effectively. This study explores the current level of AI literacy among B. Com (CA) students, highlighting where they stand in terms of understanding and readiness. It further identifies the gaps that exist in transitioning from digital literacy to AI literacy, offering insights into the challenges students face. In addition, the study examines how learners perceive AI in both academic settings and daily life, uncovering their hopes, concerns, and uncertainties. Ethical and practical considerations surrounding AI adoption are also evaluated, ensuring a balanced view of opportunities and risks. Finally, the research proposes strategies for embedding AI literacy into higher education curricula, with the aim of equipping learners not just with technical knowledge, but also with critical, ethical, and adaptable mindsets for the future.