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Stockreport

Small Businesses Aren't Using AI Like You Think – Here's The Reality [Forbes]

Paychex, Inc. (PAYX)  More Company Research Source: Forbes
Last paychex, inc. earnings: 3/25 08:15 am Check Earnings Report
US:NASDAQ Investor Relations: investor.paychex.com
According to a new study from the U.S. Chamber of Commerce, nearly every small business - 98 percent of us! - said they are “utilizing a tool that is enabled by AI” and of these tools 40 percent said they were “using generative AI tools like chatbots and image creation.” When one reads those numbers you immediately think wow! Small businesses are really leaning into AI, right? Wrong. There are more than 30 million small businesses in the U.S. and I'm sure there are more than a few intrepid entrepreneurs that are leaning into AI apps and tools and platforms to help them run their businesses. They are pioneers. They're probably solopreneurs or run very small companies, where there's low risk if something doesn't work or “hallucinates” (which is another word for AI not working.) They're geeks and gamists and enjoy monkeying around with technology. But most small business owners aren't like this. They run pizza shops and gas stations. They lay bricks and put up drywall. They sell p [Read more]
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Stockreport

Small Businesses Aren't Using AI Like You Think – Here's The Reality [Forbes]

Paychex, Inc.  (PAYX) 
More Company Research Source: Forbes
Last paychex, inc. earnings: 3/25 08:15 am Check Earnings Report
US:NASDAQ Investor Relations: investor.paychex.com
According to a new study from the U.S. Chamber of Commerce, nearly every small business - 98 percent of us! - said they are “utilizing a tool that is enabled by AI” and of these tools 40 percent said they were “using generative AI tools like chatbots and image creation.” When one reads those numbers you immediately think wow! Small businesses are really leaning into AI, right? Wrong. There are more than 30 million small businesses in the U.S. and I'm sure there are more than a few intrepid entrepreneurs that are leaning into AI apps and tools and platforms to help them run their businesses. They are pioneers. They're probably solopreneurs or run very small companies, where there's low risk if something doesn't work or “hallucinates” (which is another word for AI not working.) They're geeks and gamists and enjoy monkeying around with technology. But most small business owners aren't like this. They run pizza shops and gas stations. They lay bricks and put up drywall. They sell p [Read more]
IMPACT SNAPSHOT
EVENT TIME:
PAYX
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS