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4 Emerging Tech Trends Small Businesses Should Be Paying Attention To

Thank you to CO–U.S. Chamber of Commerce – Midnight Oil for providing the content on 4 Emerging Tech Trends

CO by U.S. Chamber of Commerce

 

4 Emerging Tech Trends Small Businesses Should Be Paying Attention To

AI is driving the biggest tech trends that small business owners should be tracking over the coming months.

 A young woman with long hair sits on the floor at a white coffee table, leaning her head on one hand and looking down at a calculator with a worried look. On the table next to the calculator are a couple of small cardboard boxes, a folded seater, a notebook, and an electronic tablet on a small tripod. In the background are a cream-colored sofa, a rack holding a few pieces of clothing, and a headless mannequin wearing a brown dress.

Technology constantly evolves to present new solutions for working smarter, gaining a competitive advantage, or making it easier to run your business. Staying ahead of the curve can be tricky: with so many new tools out there, where do you start? These four emerging tech trends hold particular promise for small businesses.

The use of AI for creative tasks

The media has paid much attention to the fact that AI can help speed up processes and automate elements of running a business. Now, experts are seeing a rise in the use of AI for more creative endeavors, such as designing logos, writing copy, and brainstorming new ideas. However, the potential for AI to become a partner in innovation is just now being explored.

“Currently, ChatGPT and other AI models are great at generating content from millions of examples of past works. But for creators or engineers looking for innovative solutions, you don’t want content that mimics an existing concept,” wrote Xero. “Next year we could well see a ‘creativity boom’ where AI models go beyond statistical similarity and come up with new designs or products that are far better than the ones that exist today.”

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