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Kevin O’Leary Says ‘AI Isn’t Here to Replace Great Entrepreneurs,’ Calls Technology ‘Leverage’ for Businesses That Want to Win

Reviewed by ClearTape · Source: Benzinga

Key takeaways

AI is becoming a competitive advantage for businesses that learn to use it effectively, but companies that lag could struggle to keep pace.
150,000 employees using a large language model weekly (JPM CEO Jamie Dimon)
8,000 layoffs planned by Meta Platforms Inc.
22% more likely men are to use AI daily or constantly at work (Lean In research)

What happened

Kevin O'Leary said AI is becoming a competitive advantage for businesses that learn to use it effectively, warning that companies that lag could struggle to keep pace.

Why it matters

O'Leary emphasized that AI is a tool for entrepreneurs, not a threat to their businesses, and that companies that adopt AI now can 'do more, move faster, and compete better'.

Short-term and longer-term

Short-term. AI adoption could lead to increased competition and reduced prices in various industries.

Longer-term. The adoption of AI is creating a competitive advantage for businesses that learn to use it effectively, but also highlights a gender gap in AI usage.

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