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AI tools helping small businesses grow

Introduction

The landscape of small businesses in the United States is evolving, particularly with the integration of artificial intelligence (AI) technologies. A new report by the U.S. Chamber of Commerce highlights this trend, revealing how small enterprises are harnessing AI to thrive in a competitive environment.

Key Findings

The analysis indicates that:

  • 98% of small businesses currently utilize AI-enabled tools.
  • 40% are employing generative AI, showing a significant jump from 23% reported last year.
  • 86% of small business owners express concern that proposed technology regulations would adversely affect their growth.

Growth Driven by Technology

Small businesses that are fully embracing AI are not only growing but also competing on a more substantial scale. Jordan Crenshaw, Senior Vice President of the U.S. Chamber of Commerce Technology Engagement Center, emphasizes the importance of technology in driving success.

Conclusion

As small businesses continue to integrate newer technologies, the support from institutions like the Chamber of Commerce remains crucial to fostering an environment conducive to growth and innovation.

For a deeper dive into the findings, visit USChamber.com/Technology.