Artificial intelligence over the past decade has shifted from research theories to actual practices in corporate offices. But it isn’t within the reach of many smaller companies, yet. The high upfront costs of AI tools, scarcity of people who can implement the technology at individual operations, and more pressing IT expenses have widened the gap in AI implementation. But a range of players, from large technology vendors to startups, are coming up with tools that allow small businesses to use the technology without a data...
Smaller businesses in the US are struggling to implement AI technology due to the high initial cost, as well as a lack of skilled maintenance staff, and IT departments already dealing with ageing technology and security issues. A Spiceworks survey of 780 North American and European firms revealed 21% of smaller companies were using or planned to use AI by the past decade, compared to 65% of businesses employing 5,000 people or more.