The AI Revolution Won’t Transform the Economy Unless Small Businesses Are Included
Artificial intelligence (AI) is often described as the next general-purpose technology, holding the promise of transforming economies much as electricity and the internet once did. That promise, however, depends not on technological breakthroughs alone, but on whether AI adoption spreads widely across firms, sectors, and regions. Small and medium-sized enterprises (SMEs)—which account for more than 90 percent of businesses worldwide and nearly half of global GDP—sit at the center of this...
