Main Street meets AI
CNBC Televisionยท2025-06-24 16:44
AI Adoption in Small Businesses - Only 24% of small business owners are currently utilizing AI technologies like Chat GPT, Canva, and C-Pilot [1] - AI implementation varies significantly based on company size, with 21% adoption in firms with single-digit employees and nearly 50% in firms with 50 or more employees [4] Impact of AI on Employment - Almost all small businesses using AI report that it has not impacted the number of employees at their firm [2] - AI platforms like Harvey can significantly reduce the time required for tasks, potentially leveling the playing field [2][3]