Axios: Exclusive: Main Street’s budget AI boom

🤖 Exclusive: Main Street’s budget AI boom
 
A bar chart that shows how small business owners use AI in a survey of 2,474 Goldman Sachs 10,000 Small Businesses graduates. Productivity leads at 66%, followed by written marketing content at 64% and strategy at 55%. Software coding or debugging is lowest at 15%.Data: Goldman Sachs. Chart: Erin Davis/Axios

Small businesses across America are embracing AI, but usage and spending vary dramatically by state, Axios’ Herb Scribner writes from an exclusive Goldman Sachs survey of 2,474 small business owners.

Why it matters: Companies nationwide, big and small, are figuring out how best to incorporate AI into their workforces and what that means for productivity

🧮 By the numbers: For all the talk about AI’s explosive growth in the enterprise, the survey shows 73% of small businesses are spending $100 or less per month on AI.

In Texas, most use AI for marketing copy. In Florida, it’s mainly for productivity.

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About michelleclarke2015

Life event that changes all: Horse riding accident in Zimbabwe in 1993, a fractured skull et al including bipolar anxiety, chronic fatigue …. co-morbidities (Nietzche 'He who has the reason why can deal with any how' details my health history from 1993 to date). 17th 2017 August operation for breast cancer (no indications just an appointment came from BreastCheck through the Post). Trinity College Dublin Business Economics and Social Studies (but no degree) 1997-2003; UCD 1997/1998 night classes) essays, projects, writings. Trinity Horizon Programme 1997/98 (Centre for Women Studies Trinity College Dublin/St. Patrick's Foundation (Professor McKeon) EU Horizon funded: research study of 15 women (I was one of this group and it became the cornerstone of my journey to now 2017) over 9 mth period diagnosed with depression and their reintegration into society, with special emphasis on work, arts, further education; Notes from time at Trinity Horizon Project 1997/98; Articles written for Irishhealth.com 2003/2004; St Patricks Foundation monthly lecture notes for a specific period in time; Selection of Poetry including poems written by people I know; Quotations 1998-2017; other writings mainly with theme of social justice under the heading Citizen Journalism Ireland. Letters written to friends about life in Zimbabwe; Family history including Michael Comyn KC, my grandfather, my grandmother's family, the O'Donnellan ffrench Blake-Forsters; Moral wrong: An acrimonious divorce but the real injustice was the Catholic Church granting an annulment – you can read it and make your own judgment, I have mine. Topics I have written about include annual Brain Awareness week, Mashonaland Irish Associataion in Zimbabwe, Suicide (a life sentence to those left behind); Nostalgia: Tara Hill, Co. Meath.
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