Roughly 5.12 million new business applications were filed in 2024, continuing a post-pandemic surge in entrepreneurship, according to the U.S. Census Bureau data. But many founders stall after the paperwork.
Mark Cuban, co-founder of the Mark Cuban Cost Plus Drug Company, said artificial intelligence can close that gap for small business owners. In an email Q&A with Fortune recently, he predicted that in five years AI will be "a baseline skill like email." He added, "[AI isn't] just a tool, it's leverage. If you're not using AI to move faster or make smarter decisions, you're behind."
