In the context of rapid technological development and constant changes in educational standards, artificial intelligence (AI) serves as a powerful tool capable of significantly altering the methods of assessing knowledge and competencies of learners, as well as influencing the psychological perception of the new testing procedure by students and teachers. This article analyzes the impact of AI on educational testing, highlighting new approaches to adaptive testing, personalized learning, and the automation of administrative tasks. It explores various psychological impacts on students and teachers, from motivation to perceptions of fairness and stress levels. Both potential opportunities and challenges associated with the implementation of AI in assessment processes are considered.