A new Senate bill may make it easier for small businesses to make use of AI. The bipartisan bill would direct the Department of Commerce to partner with the Small Business Administration to create and distribute AI training resources to small businesses.
The legislation, which is known as the Small Business AI Training and Toolkit Act of 2024, was introduced on June 12. And it would provide resources to help small businesses make use of AI for a huge variety of purposes, from financial management to marketing.
Sen. Maria Cantwell (D-WA), who is one of the Senators to sponsor the bill, said in a statement, “Small businesses are the foundation of the U.S. economy, making up 99 percent of all businesses. They drive economic growth and innovation. It is essential that all American entrepreneurs – especially our small businesses – have access to AI training and reskilling in the 21st-century marketplace. This bill gives small businesses a boost with new tools to thrive as we step into this innovative era.”
