Microsoft study: Small businesses intrigued by AI and the opportunities it brings
Microsoft study: Small businesses intrigued by AI and the opportunities it brings Artificial Intelligence (AI) is the defining technology of our time. Are small businesses equipped and willing to adapt to the new ways of work? The data featured in this post is from an internal study, the “Small Business State of Mind” report, commissioned by Microsoft Corporation in May 2023 and conducted by Wakefield Research. The pace of work has increased exponentially, and people are struggling to shoulder the weight of it all. Small businesses, accounting for 99% of all businesses and employing nearly half of the workforce in the U.S. [i], face heightened pressures due to more limited access to resources—people, revenue, etc.—than neighboring enterprises. With the emergence of AI, small businesses are poised to benefit greatly from next-generation tools and resources designed to help grow and scale businesses. [ more… ]