Here's How AI is Fueling Small Business Creation and Driving Growth

"Concern over the potential of artificial intelligence replacing employees remains high as the number of work tasks the tools can tackle grows. But the technology now plays a large role in boosting employment, too. A new report by job site LinkedIn shows how AI does that by fueling small business growth, and enabling a rising number of aspiring entrepreneurs to strike out their ow"

"On the one hand, it found 79 percent of all U.S. small companies have already adopted AI in some form. About 37 percent of employees surveyed at those businesses said they've used the tech for everyday tasks - like writing emails, summarizing notes, and searching for data. Another 27 percent said they've deployed apps for more advanced purposes like data analysis and creating various work strategies."

"On the other hand, LinkedIn analysis of accounts on its platform found a 69 percent increase in the number of users who had added "founder" to their profiles since July 2024. That suggests more people are making the move to create their own business - whether through side hustles, gig activities, or as the heads of full-time companies that they launched. The spread of AI appears to have had a lot to do with that surge."

Seventy-nine percent of U.S. small companies have adopted AI in some form. Thirty-seven percent of employees at those businesses use AI for everyday tasks such as writing emails, summarizing notes, and searching for data. Twenty-seven percent deploy apps for advanced purposes like data analysis and strategy creation. Accounts on LinkedIn show a 69 percent increase in users adding "founder" to profiles since July 2024, indicating more people starting businesses through side hustles, gig work, or full-time launches. Forty percent of U.S. professionals want to become their own bosses. Fifty percent of small-business employees say AI has prompted consideration of entrepreneurship by reducing administrative burdens.

Read at Inc