7 Risks that AI Presents to Small Businesses - Stone Bank

7 Risks that AI Presents to Small Businesses

“While AI offers numerous benefits, such as increased efficiency and data analysis capabilities, it also comes with its own set of challenges. Understanding these risks is crucial for small business owners looking to implement AI in their operations.” – Kraft Technology Group

Artificial Intelligence (AI) has been dominating headlines for months, and it’s difficult not to be intrigued. From text generation to interactive customer service, AI promises to revolutionize many operational tasks to free up our minds for more creative and strategic endeavors. Conversely, business owners should exercise caution when utilizing these new digital tools, as AI brings with it both ethical and legal complications.

Kraft Technology Group, an IT support company located in Nashville, TN, walks through a few key concerns business owners should consider when adopting AI technology as part of their operations.

RELOCATION NOTICE

Effective December 31, 2024 all Stone Bank operations in the Little Rock market will be relocated to our new branch office and headquarters building at 12615 Chenal Parkway. This includes all consumer and commercial banking functions, including commercial lending and the interactive ATM adjacent to our current Little Rock location at 900 South Shackleford. The Shackleford location will close on December 31, 2024.

All Little Rock personnel phone numbers and e-mail addresses, as well as your access to our mobile banking app and website will remain the same.

We appreciate your continued business with Stone Bank.

If you have any questions about our relocation to our new Chenal address, or the closure of the Shackleford branch, please feel free to call our Little Rock team at (501) 503-4242.

Thank you.