Meta is launching a new initiative to boost entrepreneurship and encourage the adoption of AI technologies by small businesses on its platforms.
Why it matters
This initiative signifies Meta's strategic focus on integrating AI into its core business model by empowering small businesses. By facilitating AI adoption, Meta aims to enhance the capabilities of these businesses, leading to increased engagement and value on its platforms, and potentially setting new industry standards for AI-driven small business support.
Meta is helping small businesses use AI tools on Facebook and Instagram. This will make it easier for them to grow and reach more customers.
A report from AI company Anthropic indicates that AI is not yet displacing jobs but is creating an inequality gap, with experienced users gaining an advantage.
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