Small Biz Ahead
A Podcast By Small Business Owners, For Small Business Owners
8 months ago

What Small Businesses Owners Need to Know About AI

Episode Notes

  • Get familiar with the terminology. What is AI? AI is the ability for software to understand the world around it and interpret it into data, so it can act.
  • Generative AI, means you're asking an AI model a question to do something and it gives you a response back. ChatGPT is an example.
  • Large language models (LLMs), are databases with information that are tagged and structured in a way that you can ask it questions and train it to start giving you predicted outcomes. OpenAI is an example of this.
  • Have an AI policy in your business. As AI becomes widely used, you’ll need to come up with how it can be used in your business. You'll need to specify which employees can and cannot use AI in their work. You’ll want to clarify which types of work AI can be applied to.
  • Talk to your software vendor. Ask them what new features are coming that are incorporating AI and how you can use them.

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