New data from small business lender iwoca reveals that while more than half of SME owners (55%) feel they have a good understanding of AI, the majority are nervous about how it will impact their business.
The new research of SME owners across the UK from one of Europe’s largest business lenders also finds that three in ten (27%) SMEs are now using products like ChatGPT across their businesses, and three times as many leaders of small companies believe AI is a positive development for their company than think it will be negative.
