Todasco is a visiting fellow at San Diego State University’s James Silberrad Brown Center for Artificial Intelligence. He is originally from San Francisco. Since the launch of ChatGPT approximately one year ago, artificial intelligence interest has skyrocketed. Google searches for AI have tripled. Nvidia, which makes much of the hardware powering the AI revolution, has become the world’s sixth-most valuable company. OpenAI has gone from a “nonprofit“ company to one valued at over $90 billion.
The perception for much of Wall Street and Silicon Valley is that the tech giants are the ones who will benefit the most from AI. While, without a doubt, there are huge benefits already accruing to the largest players, I believe we are at the cusp of a revolution that will disproportionately benefit small businesses. That’s right, the one with the most to gain from AI growth isn’t Microsoft or Google; it’s the doughnut shop down the street. We often assume that the entrenched incumbents will become the ultimate winners of a transformative chang