Most small businesses are using artificial intelligence and finding that it can save time and money.
Many small companies have started finding new and creative ways to use time and money artificial intelligence,
A 2024 survey found that 69% of small businesses are using AI, above 56% in 2023, according to Goldman Sachs 10,000 small businesses. The Goldman Sachs program according to his website “helps the owners of small businesses to grow their business, make jobs and provide business education, financial support and networking opportunities.”
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Asahi Pompei Goldman is the corporate engagement of the Urban Investment Group at the Sachs Foundation and the global head of the chairman. Pompei said that AI provides two main benefits.
“Category 1 is saving the time of the owners of small businesses. You and I know that time is everything for the owner of a small business. And the second category is saving them. The owners of our small businesses make themselves final payments and so it is important to save the money,” said Pompei.
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Pompei said that there are more examples IT technology companies that use AI for their customers, or marketing agencies who use AI to write content for their blogs or websites, and HR Small business Those who use AI for screen application for posts to save time. Pompei said that AI can identify duplicate fees, bookkeeping and inventory management.
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Doward said that his AI-managed scanner cut the inventory tagging from 20 minutes to two minutes. (Kennedy Hayes / Fox News / Fox News)
Andy is the CEO of Doward Thriftly; A thrift store startup at Denver. Doud said that his store opened in early February.
Doward said that he created an AI-operated scanner that could reduce the inventory in two minutes, while it usually takes 20 minutes.
Some other methods include small businesses use in AI: writing content for blogs or websites and screening job applicants. (Kennedy Hayes / Fox News / Fox News)
“Brand, location, size, color base, such as AI unlocks those doors for us,” said Doward.
Doward said that trimmed can be a challenge through all donations of pants, tops and shoes.
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“Hours and hours and hours are worth pricing. What are the shortcuts where we can do it faster, but at the same time there is a machine, there is a computer with AI behind it, actually provides meaningful assistance with pricing pricing?” Doward said.
The new AI-operated device helps in thrift store. (Kennedy Hayes / Fox News / Fox News)
Doward said that new AI operated Scanner technology He created, in a scan, is capable of reading the item category, brand and size. Then, the device can compare what similar items are selling before the item comes with the price. The printer will then print out the correct value and size that the AI device determines. Doward said it takes a few minutes to train employees on how to use the device.
Doward said that his team is using its new AI device for only a few weeks, but they are already looking at the inventory payment.
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“A specific thrift store, they are producing between 40 and 70 pieces per hour. We think we take that number more than 100,” Doward said.
Thrift store start-up owner says that since the scanner helps to work rapidly, he is capable of paying his entry level employees above the minimum wages.
