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Talent troubles persist in many businesses causing them to turn to AI

Demographic shifts, inflation and other labor challenges have persisted for many businesses in 2023 - even despite a growing number of high-profile layoffs.

BUFFALO, N.Y. — And with small and midsize businesses more concerned about finding talent than the prospect of headcount reductions, many are turning to artificial intelligence and other emerging tech tools to alleviate those pains.

That's one of the takeaways from Verizon Business' annual State of Small Business Survey, which found more than a third of small and midsize businesses (35%) believe AI can help reduce the challenges caused by labor shortages.

About 45% of small businesses are interested in using AI to free up more time to spend on core business operations — helping negate the effects of hiring challenges.

You can read the full story on our business partners page at www.bizjournals.com.

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