PYMNTS.com August 18, 2024

Many small businesses are still grappling with the best ways to use generative artificial intelligence (AI).

But as The New York Times (NYT) reported Sunday (Aug. 18), generative AI, or GenAI, has been a “game changer” for some small business owners, helping them do chores like write code, edit copy and understand legal complexities and in turn launch their companies faster.

The technology “kind of gives you stilts to get through an obstacle — to get through a minefield,” said Steven Bright, founder of Skittenz, a company that makes colorful coverings for mittens. “You can get from one point to another faster.”

As the NYT noted, there is so far little data to show how many startups are using AI,...

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