Artificial intelligence is helping change the entrepreneurial game, with key early-stage help on logistics.
Key Details
- A major challenge to entrepreneurs is knowing where to start when it comes to opening a business.
- New artificial intelligence (AI) programs are making it easier for entrepreneurs to get a head start on new business ventures and ideas.
- One of the biggest challenges of starting a new business is getting off the ground, and these new technologies are helping people do that.
Why it’s news
A 2021 survey conducted by Harris Poll found that 61% of Americans have an idea for a business, but are stymied by a lack of access to business tools and knowledge on how to get started, according to Inc.
Tailor Brands is a new all-in-one platform to help provide guidance and assistance. The company launched in 2014 as a logo creator for companies, but since has added more features designed to help business creators.
With just a brand name and some basic information about the status of the business, the Tailor Brands system can create a custom to-do list for founders—including securing a domain name, launching a website, registering as an LLC, and obtaining trademark approvals, according to Inc.
“We’re trying to create a world where building your business is easy, and you’re actually measured by the quality of your product or service,” says Tailor Brands CEO Yali Saar.
Other services can help as well such as Pluralytics, which offers copywriting services, another fundamental to businesses. The company is designed to help a company find its “voice” and help make sure its language is good for its target audience.
The time is now for entrepreneurs, with all of this new technology starting a business is easier than ever before.
Another perspective
Although AI can help improve life and make things easier on people, it will never truly replace humans, says one business analyst.
Writer for Antino, Vinay Krishna Gupta gives four reasons why artificial intelligence will never replace humans fully:
- No emotional intellect
- Can’t work creatively
- Lacks empathy
- Can’t think outside the box