AI Adoption Growing among Small and Medium Businesses

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More and more small businesses are beginning to realize the potential of artificial intelligence (AI) to help manage their workload and streamline processes. According to recent research from website builder giant GoDaddy, 57% of small businesses are now “eager” to explore how generative AI can help their business grow. Furthermore, many have already tried AI tools such as ChatGPT, Bard, and AI writers – of those, 75% reported an “excellent” or “very good” experience.

Small businesses, startups especially, are often in a pressured condition where finding time can be difficult. The rise of AI tools has made it possible for them to speed up processes, create content, market themselves effectively, and try to balance their work-life. In fact, according to the survey, 64% of respondents are already utilizing these tools for content production.

GoDaddy is helping to lead the way with their list of 100 customisable prompts that are designed to help business owners get the best possible outcome from the AI tools they’re using. At the same time, the company has produced a comprehensive guide to assist entrepreneurs in managing their AI strategies.

According to the Small Businesses Association, small businesses make up 99% of all US businesses – thus providing a massive market for AI companies and showing the increasing importance of using AI in the business world. Small businesses are now in a unique position to leverage the power of AI to stand out and succeed.

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