Generative AI: The Next Big Leap for Aussie SMBs

What’s It Mean for Us?

The report calls Gen AI an “inflection point” – like the internet in the ‘90s, but faster. For Aussie SMBs, it’s a chance to punch above our weight, especially in a market where productivity’s been flatlining (cheers, RBA). But it’s not just about jumping on the bandwagon. The winners will be the ones who train their teams, pick high-impact/low-effort solutions (Page 14), and keep their IP safe.

Take it from the report: “Today, Gen AI is a competitive advantage. Tomorrow, it’ll be a requirement.” If you’re not exploring it yet, you’re not just behind – you’re risking being left in the dust.

Source: Vistage Generative Artificial Intelligence: Automating the Knowledge Worker (Q4 2024)

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