September 14, 2024

With AI developing rapidly, SMEs must not be left behind

In this article:

AI is being increasingly adopted by businesses in the UK, but there’s a risk that smaller businesses will miss out on the opportunities it presents.
A recent British Chambers of Commerce survey of 1,200 businesses, predominantly SMEs, found that 43% of firms had no plans to use AI technology.
Among the smallest companies (with fewer than 10 employees), this rises to 47%.
However, among larger organisations (more than 250 employees), this falls, with only 17% saying that they had no plans to use AI technology.

With AI developing rapidly, SMEs must not be left behind – Elite Business Magazine

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