AI is the great equalizer, the Colt 45, for small businesses. AI can identify what regulations apply, can complete paperwork, find assistance or alternatives, and essentially serve as the resource that a big business has in its compliance department. A healthy population of small businesses is the core of a healthy middle class.
Even the tasks involved in starting a business—licenses, market research, website construction, banking, legal, accounting, and many other tasks involved in a new business can be done in hours or days that would require weeks or months of effort before.
This only begins to touch on the advantages AI gives small businesses to compete with big organizations, the ability of individuals to explore and pursue new opportunities, the "force multiplier" it provides when dealing with so many routine tasks. We are still discovering how we might use this tool—this powerful partner.
One of many other areas where AI can free humans from common tasks is in work that has value, but is not worth hiring someone to do it. That is not taking away a job, since the job never existed. It is simply relieving someone of a time-consuming task.
As a trivial example, imagine someone using AI to plan a week's menus for a family of five, taking into account any food constraints, presenting the menus, providing options, and once finalized, preparing a shopping list of ingredients, along with a list of convenient sources and locations with lowest prices. People do this manually every day, often at great cost in personal time. Using AI assistance can cut the time dramatically, freeing time for other activities
I use AI in my own work. I can describe an analysis I want to perform, provide it to AI, and get the answers back in seconds. Often such analyses would take days for me to write code to perform, run the tasks and get results. Often, once I have the first results, I will want to go further into analysis, or use those results as part of a new analysis. AI has enabled me to do in days the tasks that used to take weeks or months. It acts as the intelligent assistant that I could not afford to hire.