Investor Kevin O’Leary said artificial intelligence (AI) is becoming a competitive advantage for businesses that learn to use the technology effectively, warning that companies that lag could struggle to keep pace.
O’Leary Warns Businesses on AI
On Wednesday, O’Leary shared his comments on X, arguing that AI should be viewed as a tool for entrepreneurs rather than simply a threat to their businesses.
"AI isn’t here to replace great entrepreneurs. I see it as leverage," he wrote.
He said businesses adopting AI now could "do more, move faster, and compete better."
In a video accompanying the post, O’Leary divided business owners into two groups: those learning to use AI to become "more efficient, more productive, and more profitable" and those that will eventually compete against them.
He said companies are already using AI to improve marketing, streamline operations, strengthen customer service, analyze data faster and create content while reducing time spent on repetitive tasks.
"AI isn’t just here to replace great entrepreneurs; it’s here to help great entrepreneurs accomplish more with less," O’Leary said.
AI Reshaped Jobs and Business Operations
Earlier, Meta Platforms Inc. (NASDAQ:META) planned 8,000 layoffs, which were presented as part of a broader shift toward AI-driven efficiency, while the "Automator’s Paradox" warned that widespread automation could reduce wages and consumer spending.
Meanwhile, ServiceNow, Inc. (NYSE:NOW) partnered with Experian to expand AI-powered enterprise automation, using autonomous agents for tasks including onboarding, fraud detection and risk management.
JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon warned that AI could significantly disrupt employment, noting that about 150,000 employees were using a large language model weekly.
He said the company had focused on retraining and redeploying workers affected by automation.
AI adoption also highlighted a gender gap. Lean In research found that men were 22% more likely than women to use AI daily or constantly at work, while the International Labour Organization found that jobs in female-dominated occupations had greater exposure to generative AI.
Actress Reese Witherspoon urged women to learn AI tools to avoid falling behind.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Kathy Hutchins / Shutterstock.com
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