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Small businesses that adopt AI are more optimistic about growth, revenue, and employment

AI is likely helping to unlock more revenue

Tarun Mottlia

Via TechRadar

·Excerpt
Small businesses that adopt AI are more optimistic about growth, revenue, and employment
Image: (Image credit: Google)

SMBs using AI are more likely to expect a positive impact on employment

AI could be helping them to overcome constraints and unlock more revenue

Expectations vs. reality gap shows only 31% have increased sales so far

A new study by the NY Federal Reserve Bank has revealed SMBs who actually adopt AI feel far more optimistic about hiring and revenue growth than non-adopters, and the data comes from a near 50:50 split, because nearly half (46%) of US SMBs…

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