From cafes to real estate, AI is giving businesses a boost – and leaving others in the dust
New research shows that small and medium-sized businesses using AI are growing faster than those that don't, with 42% of Australian SMEs already using the technology. Employers are increasingly seeking staff with AI skills, with 8.5% of job postings mentioning AI this year.
Small and medium-sized businesses that use AI are growing faster than their competitors, according to new research. In Australia, 42% of SMEs are using AI, with 44% not using it, and 14% planning to start. Businesses heavily dependent on data, such as finance and business services, are early adopters of AI. Firms using AI are seeing real productivity and cost-saving benefits, growing 2.8 times faster than those that don't. Employers are increasingly seeking staff with AI skills, with 8.5% of job postings mentioning AI this year. The proportion of businesses planning to invest in AI is steadily growing, with a expected uptick in SME investment and use.
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