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Small Businesses Slow to Adopt AI, Hiring Outlook Steady

Original: AI Adoption and Employment Expectations: Evidence from a Survey of Small Business Owners

The New York Fed's Liberty Street Economics blog reports findings from a survey of small business owners on artificial intelligence adoption and hiring expectations. The analysis examines how many small firms are using AI tools and whether that adoption is shaping their employment plans, offering an early picture of the technology's impact on small-business labor demand.

Why now: Economists and business owners are watching whether AI uptake among small firms is beginning to change hiring expectations.

Federal Reserve Bank of New YorkLiberty Street Economicssmall business owners

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