Bill to Help Small Businesses Leverage AI

A bi-partisan measure introduced in the Senate—the Small Business Artificial Intelligence Training and Toolkit Act (S. 4178) would authorize the U.S. Department of Commerce (DOC) to work with the Small Business Administration (SBA) to create and distribute artificial intelligence (AI) training resources and tools to help small businesses leverage AI in their operations. It would include new training on how to use AI or emerging technologies to improve financial management and accounting, business planning and operations, marketing, supply chain management, government contracting and exporting. It also directs specific AI training for small businesses in rural and tribal communities, and small businesses involved in advanced manufacturing. And it would make the tools available through Small Business Development Centers, Women’s Business Centers, SCORE, Veteran Business Opportunity Centers and the Apex Accelerator. #IdeaoftheDay