Adaptability, resilience & diversification – surviving as a small business

An article from Safety News.

Many business owners were forced to pivot their careers in response to the pandemic. Now they may need to pivot once more, as Artificial Intelligence (AI) threatens to decimate entire workforces across multiple industries.

Small business insurance expert Sean Craigen says business owners may need to take the lessons learned from the COVID-19 pandemic and adapt their skillsets to this new environment that is swiftly changing.

“It’s important to factor in these black swan events and technological shifts when assessing the risks they face,” says Craigen, Country Manager at business insurance service BizCover.