4 Ways Your Startup Can Use AI Right Now (Without Breaking The Bank) You don't need big budgets, data scientists, or even months of effort to leverage AI. Here are the 4 ways your startup can become AI-driven today.

Artificial intelligence (AI) is what computer scientist Andrew Ng calls "the new electricity." However, despite its abilities and appeal, AI is not a fit for every situation. In my earlier article, I presented 5 scenarios to avoid investing in AI. To find out if your startup needs AI, start by prioritizing your business problems. Frame the best approach to solve these challenges and evaluate how technology can help you. Most of the time, basic analysis, statistics, or simple machine learning can do the job effectively.

A few situations do warrant the horsepower of AI. In those scenarios, the additional intelligence and automation can be transformational for your startup. This article is for those cases.

When you've sensed the need, the next common question is "Do I really need a big budget to use AI?" No, your business doesn't need months of effort, elite data scientists, or even big-ticket budgets to become AI-driven.