CPAs Needed to Help Small Biz Adopt AI

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Which areas of your business would you expect to be the most and the least affected by artificial intelligence?

 

Privacy, intellectual property concern many survey respondents.

By CPA Trendlines Research

Small businesses are getting more comfortable with artificial intelligence, according to a survey-based report from FreshBooks.

“Small business owners are less convinced that AI is coming for their jobs and/or the jobs of their employees,” the report says, “with two-thirds disagreeing that AI will replace them.”

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Still, in a bit of a contradiction, 44 percent of owners say they expect to hire fewer people in the future thanks to expected AI capabilities. And the larger the business, the more likely they will use AI to reduce payroll.