Will AI tools like ChatGPT lead to fewer hires? Large chunk of small business owners think so

The vast majority of small business owners in the U.S. do not believe artificial intelligence tools like OpenAI’s ChatGPT are coming for their current employees’ jobs, but a large chunk expects the powerful technology will allow them to hire fewer workers down the road, according to fresh data.

A report released by FreshBooks this week found two-thirds of small business owners disagree that AI tools will replace anyone at their companies. But 44% expect to be able to scale down hiring in the future due to AI capabilities, and the larger the company, the more likely the owners were to agree…