Bucking this trend are businesses from London, where over half qualify themselves as 'expert' or 'skilled' - London Business News | Londonlovesbusiness.com
Briefly

Bucking this trend are businesses from London, where over half qualify themselves as 'expert' or 'skilled' - London Business News | Londonlovesbusiness.com
"New research shows less than half (46%) of small businesses are using AI. A third (34%) have only a basic understanding of AI tools."
"In London, 56% of small businesses are using AI. The biggest barriers to further AI adoption include IT security issues and slow internet connections."
"A national level survey indicates that barriers to AI adoption include insufficient digital skills among employees, with 21% citing this issue."
"Among smaller businesses, AI usage is 36% in micro businesses and rises to 60% in medium-sized enterprises, illustrating a clear divide."
Research reveals that only 46% of small businesses employ AI technology, with a significant knowledge gap evident as 34% of leaders possess only a basic understanding. London small businesses lead in AI adoption at 56%. Despite recognition of its potential, barriers such as IT security issues (45% in London) and slow internet (41%) hinder further uptake. Nationally, 21% of leaders cite insufficient employee digital skills as a major obstacle, highlighting an opportunity for growth in AI understanding and implementation.
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