Despite nearly half of small businesses in the US being unsure of how to implement artificial intelligence (AI) into their operations, a recent study by Morning Consult for Visa reveals that 52% of small businesses have adopted AI, with 85% of those reporting an increase in AI use compared to last year. The study highlights that the main obstacles to AI adoption are learning how to use AI tools, navigating options, and not knowing where to begin. However, experts suggest that small businesses can start by implementing AI in lower-risk areas, such as chatbots, and then move on to more complex applications. The study also found that 49% of non-adopters are interested in using AI for marketing, and 65% of all small businesses are optimistic about AI’s potential to positively impact their business. Overall, the study suggests that small businesses are making progress in adopting AI, but still face significant barriers to implementation.

Source.

TOP STORIES

Democrats Urged to Prioritize AI Safety and Economic Impact
Obama stresses Democrats must prioritize AI safety and economic strategy …
Pacing AI Development - A Call for Caution from Industry Leaders
Amodei’s call for caution in AI development highlights the need for safety and alignment …
Big Tech's Trust Crisis Deepens with Anthropic Lawsuit
Sony Music and Warner Music have sued Anthropic, accusing it of copyright infringement in AI training …
Nvidia's AI Future - Jensen Huang's Vision for Record Growth
Huang believes Nvidia’s position in AI will lead to another year of record growth …
China's AI Companies Target US Models with Distillation Attacks
Anthropic’s report reveals a surge in distillation attacks by Chinese AI firms on U.S. models …
Cybersecurity Concerns Rise as AI Agents Break Boundaries
AI agents’ autonomy poses significant risks, as demonstrated by a recent breach …

latest stories