European small businesses rush into AI without basic digital tools, study shows

Most European small and mid-sized enterprises are prioritizing artificial intelligence systems over basic digital tools across their businesses, losing ground to bigger firms investing in core digital systems, a study published on Wednesday showed.

Why it’s important

While large corporations are steadily adopting AI software and scaling up investments, small businesses across Europe often lack relevant expertise and digital infrastructure.

Companies are turning to this technology to automate tasks and reduce costs across the board, resulting in job cuts…