AI could take real weight' off small business

Key points

• Small businesses could save time and lift productivity by using artificial intelligence in daily operations, according to a report from The Tech Council of Australia. The research estimates the average small or medium-sized business could gain $136,000 a year by adopting AI broadly to cut administrative work such as payroll and rostering.
• Only one in four such businesses currently use the technology, and five per cent use it broadly.
• Kate Cornick said a significant gap exists between what AI could deliver and what small businesses receive.