In ancient times, people believed that reading and writing were exclusive skills, reserved for nobility and priests. They could hardly envision a society where almost every individual could read and write. However, culture and civilization progressed, leading to a more advanced state where the majority could read and write proficiently, especially in their native language, with many even becoming multilingual.
Drawing a parallel analogy, it currently appears that AI is primarily accessible to large corporations, with small companies unable to create or utilize their personalized AI platforms for business. Nevertheless, in the near future, small businesses will also harness AI platforms tailored to their specific needs, just as literacy became widespread over time.
Creating an AI platform isn’t easy
We are aware that only major corporations like Google, Adobe, and OpenAI have made billion-dollar investments to develop platforms such as Bard, ChatGPT, and Firefly. However, the financial aspect is only part of the equation. Assembling a team of skilled coders and specialists is a crucial, albeit challenging, step. This challenge was relatively less daunting for the giants mentioned earlier, as they have long-standing teams of experts who understand the intricacies of their field.
Moreover, it’s essential to recognize that creating something entirely new doesn’t guarantee success on the first attempt. Venturing into uncharted territory brings its own set of difficulties. Even renowned companies like Google faced obstacles in their initial efforts. However, these companies had a crucial advantage: they had the necessary resources, time, and freedom to experiment without the pressure of strict constraints. This is why developing AI platforms is particularly challenging for smaller companies, as they often lack the extensive resources, time, and risk tolerance needed for such endeavours.
Change is in the air
The landscape is evolving, and there’s a promising future ahead for small businesses in the realm of AI. Currently, there isn’t a single platform that enables small businesses to craft their personalized AI solutions, but that’s set to change. In the future, we anticipate the emergence of numerous such platforms.
Presently, many companies are striving to incorporate AI-driven tools into their products, ultimately benefiting individuals and small businesses. For instance, consider Hostinger, which now offers an AI-based tool capable of generating complete websites for businesses. Users need only select a few options and provide some text, and the tool creates a fully functional website that can be further customized to suit their preferences.
Another example is provided by website builders like Elementor, which have simplified website creation for individuals with no coding knowledge. In the past, creating a website involved writing code and then visualizing the result. These website builders have flipped this process, allowing users to envision the end result first and then automatically generate the necessary code based on the design they’ve created.
Likewise, in the near future, small businesses and individuals may have access to platforms where they can specify their requirements, and these platforms will then construct customized AI solutions tailored to their needs. These platforms have the potential to benefit everyone, from local coffee shops to restaurants, enabling them to enhance their operations, make informed decisions, and thrive.
As with the evolution of literacy from a rare skill to a widespread one, the accessibility and utilization of AI are also undergoing a transformation. While significant investments and expert teams have so far characterized AI development, there is a changing landscape on the horizon.
Small businesses are poised to benefit from the democratization of AI, with the emergence of platforms that cater to their specific needs. Although creating AI platforms is no small feat, ongoing innovations in the tech industry are breaking down barriers.
Companies like Hostinger and Elementor are already offering AI-driven solutions that simplify complex tasks, making them accessible to individuals and small businesses. Looking ahead, we can anticipate a future where AI platforms are as customizable and user-friendly as website builders, empowering businesses of all sizes to thrive.