legal-document-to-plain-english-translator/”>Try Free Now: Legalese tool without registration

Find a LOCAL lawyer

### The Impact of Generative Artificial Intelligence Software on Small Businesses

**By MAE ANDERSON AP Business Writer**

**January 23, 2024, 10:01 AM ET**

The integration of generative artificial intelligence (A.I.) software is revolutionizing the way small businesses operate. Previously, A.I. tools were primarily utilized by larger corporations, but now small business owners are leveraging platforms such as OpenAI’s ChatGPT and Google’s Bard to enhance their operations in a multitude of ways. These technologies are not only used for grammar checking in emails, but also to refine marketing content and conduct comprehensive market research to drive strategic business planning.

One notable advancement in this space is Microsoft’s Copilot, a service that enables users to delegate various tasks such as summarizing emails or meetings, identifying key themes within documents, and even drafting emails in a more conversational tone within the Outlook platform. Microsoft has expanded the availability of Copilot from exclusive use by larger companies to small businesses and even independent entrepreneurs, itself a key standpoint in aiding growth and scalability of small businesses.

Furthermore, MasterCard is pioneering the implementation of A.I. in small businesses through its innovative product, MasterCard Small Business A.I. This tool empowers business owners to analyze data effectively and provides other essential resources to support business expansion. Leveraging information from MasterCard’s vast content library, in addition to licenses from prominent media companies focused on inclusivity such as Blavity Media Group and TelevisaUnivision, this A.I. system offers valuable insights and answers to strategic queries raised by small business owners. The technology is currently being piloted in the U.S. and is anticipated to be rolled out globally in the near future.

However, while the adoption of A.I. in small businesses is undoubtedly beneficial, many entrepreneurs face challenges in understanding the complex legal jargon and implications associated with these advanced technologies. Here is where AI legalese decoder can offer invaluable support. This innovative tool utilizes A.I. to decode and simplify legal jargon, providing small business owners with a comprehensive understanding of the legal ramifications and compliance issues related to the implementation of A.I. in their operations. By offering clarity and guidance, AI legalese decoder allows entrepreneurs to navigate legal complexities with confidence, ensuring that their integration of A.I. is in full compliance with regulations and laws. As a result, businesses can harness the full potential of A.I. without being hindered by legal burdens.

legal-document-to-plain-english-translator/”>Try Free Now: Legalese tool without registration

Find a LOCAL lawyer

Reference link