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7 Ways to Spend $1000 for Meaningful AI Investment in Business

Most businesses consider AI an expense that will be far too exorbitant for them to actually implement unless they have a $100k plus budget. The perception of AI and Machine Learning are that often they are cost prohibitive for small to medium businesses - and beyond this, that the ROI for non-tech businesses is quite low. Once entrepreneurs have made the commitment to invest in AI and ML they often seek guidance on where to invest their funds, the timing of the investment, and what pricing models exist in the market.

This session will focus on:

  • Devising a budget plan to effectively utilize a realistic budget for AI for entrepreneurs

  • Reviewing subscription models and implementation costs for AI tools

  • Key questions to ask service providers during the pricing discussion, including the long-term costs of AI tools, before signing a contract

  • Analysis of which investments have the highest ROI for small businesses, the fastest.