Fireside Chat, Conference Presentation, Keynote
Watch Live: The Goldman Sachs Small Business AI Institute Townhall
- Goldman Sachs projects that equipping small businesses with appropriate tools will amplify their economic impact, anticipating the emergence of an AI-driven small business economy.
- AI is expected to accelerate productivity, customer acquisition, data-driven decision-making, and new growth pathways, though a significant gap remains between experimentation and meaningful integration.
- Currently, only 15% of targeted small businesses have fully integrated AI into operations, while the majority utilize it merely as an assistant.
- The institution aims to serve a total of 20,000 small businesses by the end of the current year, with a $500 million commitment planned to reach the subsequent 10,000 and expand capital access.
- The Goldman Sachs Small Business AI Institute intends to partner with Anthropic, Google, Meta, and OpenAI to provide applied AI training and advance research on AI usage trends.
- Program outcomes will feature alumni who have successfully embedded AI alongside those still evaluating its fit, with selected participants engaging in discussions with Goldman Sachs CEO David Solomon and NBC's Christine Romans.