A majority of small businesses are using artificial intelligence

Many small companies have started to find new and creative ways to save time and money using artificial intelligence. A survey from 2024 found 69% of small businesses are using AI, up from 56% in 2023, according to Goldman Sachs 10,000 Small Businesses. The Goldman Sachs program helps “small business owners grow their businesses, create jobs and offers business education, financial support, and networking opportunities,” according to their website.OPENAI’S CHATGPT BRIEFLY GOES DOWN FOR USERS ACROSS THE GLOBEAsahi Pompey is the Global Head of Corporate Engagement and Chair of the Urban Investment Group at the Urban Investment Group at Goldman Sachs. Pompey said AI offers two main benefits. “Category 1 is saving small business owners time. You and I know that time is everything to a small business owner. And the second category is saving them money. Our small business owners pay themselves last and so saving money is critical,” Pompey said. AMERICAN FARMERS TURNING TO AI TO AID UNCERTAIN FUTUREPompey said more examples are IT technology companies that use AI to code for their customers, or marketing agencies that use AI to write content for their blogs or websites, and HR small businesses who use AI to screen applications for positions to

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