How to Prepare Your Small Business For the Impact of Automation

The use of AI-driven technologies, such as machine learning, predictive analytics, and natural language processing, is changing how work is done. In particular, automation is widely adopted in many industries and disciplines. It is changing the dynamics of the workforce and impacting businesses of all sizes. According to McKinsey, about half of the activities not jobs carried out by workers could be automated. This means that most workers, regardless of industry or seniority, will be working alongside rapidly evolving machines, which will change the nature and functions of many jobs. With its lowering cost, automation is no longer the domain of large corporations. As a small business, you’ll be impacted by automation and your ability to adapt will affect the success of your company in the long run.