3 Tips to Find a Good AI Partner for Your Recovery

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Savvy business owners have already begun to prepare for the new normal, taking advantage of the opportunity to arm themselves with new tools for the future. That’s not to say will be easy for everyone, or even that everyone will recover. In April, Main Street America reported that 7.5 million small businesses could close permanently within five months. Nearly half of those businesses could close permanently in just two months, especially if they don’t receive financial assistance.

Businesses can’t expect to jump back into the driver’s seat and pick up where they left off. Future success demands present growth, and in a future filled with smarter technologies, stands out as the most vital investment for businesses of all sizes.

Tight budgets currently prevent many founders from pursuing their vision. For many, scraping by from one day to the next counts as a win. This state of affairs can’t continue for long, though. Something has to give. Businesses that attempt to hold tight instead of pressing forward will find their grip slipping as a new and tougher market lets them fall.

Rather than take a conservative wait-and-see approach, entrepreneurs should do what they do best in these situations: innovate, explore and challenge the status quo. Tools like artificial intelligence empower even the smallest businesses to scale their capabilities beyond what they could accomplish on their own, enabling them to get more out of limited resources.

What better way to survive and thrive than to implement solutions that yield better returns on smaller investments?

During times of stress and complexity, entrepreneurs don’t have to go it alone. Artificial intelligence tools provided by competent and helpful partners can help businesses do more with their limited budgets and push through any challenge. Finding the right partner isn’t always easy, but with a little preparation and some digging, every company can identify and implement an AI solution to make life a little easier.

AI tools remain decades away from human-level intelligence. Most business owners can perform all the same tasks an AI tool can perform. The difference is that competent AI can help companies prioritize and streamline workflows, saving humans time as the tools take care of the details.

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Yves Mulkers

Yves Mulkers is the founder of 7wData and a widely followed voice in the data and AI community. He curates the 7wData and AI Beat newsletters, reaching hundreds of thousands of data and AI professionals, and writes on data strategy, analytics, AI, and the evolving data ecosystem.