SME Pals is reader-supported. When you buy through links on our site, we may earn an affiliate commission. Learn more.
New business ideas driven by artificial intelligence (AI)

8 New Small Business Ideas Using AI

Artificial Intelligence (AI) is rapidly becoming part and parcel of every day life and business, making now the right time to take advantage of the myriad of new opportunities opening up.

More and more companies are actively looking for new ventures that can make use of their AIs. To succeed, they need to put AI within reach of as many people (from huge multinationals to home businesses) as possible.

Move to Google Workspace

Millions of organizations around the world count on Google Workspace for professional email, file storage, video meetings, online calendars, document editing and more.

  • Google Workspace cloud based company email
  • What is Google Workspace?

    Cloud-based productivity. Communicate, collaborate and get things done from anywhere, on any device.

    Cloud Based Business Productivity

    Simple to set up, use and manage. Check email, share files, edit documents, hold video meetings and more. Total control, plus your data always belongs to you.

    Start a Free Trial

In time, startups will find it easier and easier to access AI and machine learning systems with lower and lower intellectual barriers to overcome.

That's why we've decided to explore a wide array of AI driven startup ideas that you can use to find inspiration and ride the wave of change that AI is bringing (find more on our small business ideas page).

Generate Your Own AI Business Ideas

Follow the simple creative heuristic algorithm to generate new AI business ideas tailored to you.

  • Unlimited, custom AI business ideas
  • Generate Unlimited AI Business Ideas

    Use our new AI business ideas generator to come up with thousands of creative new business ideas.

    Four quick and easy steps allow you to identify new business ideas in a fraction of the time it normally takes.

    Plus, all the ideas you generate are personalized just for you and your unique strengths, weaknesses, passions, resources and so on.

1. AI Tax Return Service

Personal income tax returns (as well as small business tax returns) are a chore for everyone. The rules and regulations surrounding taxation are often complicated - some would say byzantine - and ever-changing, making it difficult for everyone to ensure they are being accurate and efficient.

Business Ideas Secret #1

Research established market players to quickly understand why they're successful and how your idea will compete.

  • Analyze competitors' backlinks and SEO using SEMRush
  • Analyze any website using SEMRush and learn the secrets to their success.

    Understand your niche market to make better marketing decisions, capture higher page rankings in Google, make valuable new connections and boost your earnings quickly.

    Don't waste time guessing what it takes to win valuable search keywords. Work out who is winning. Find out who links to them. Build your own backlinks.

    Try out competitor research right now.

You are able to use SEMRush for free by signing up. However, the free plan is limited to 10 requests per day - thereafter a paid plan is required.

An AI driven service that has access to all the rules and regulations surrounding your specific and unique business & personal financial circumstances could not only do returns for you (saving a huge amount of time and effort), but could also make use of its superior knowledge of those rules in order to deliver savings and efficiencies that most people (even human tax practitioners) might not know about, understand or make use of.

The headache of taxes could become a thing of the past.

With all earnings and expenditures properly captured and recorded and then analyzed and optimized by an AI (that also generates statements and returns) individuals and companies can focus their time and resources to growing their businesses instead of dealing with red tape and paperwork.

2. AI Personal Shopper

An app that looks at what you do, which influencers you like, what type of fashion you're into, what you spend on, how much you spend, when and where you like to spend it, could get to know a lot about what you like and don't like.

That information (via a number of popular apps) is already being monitored and used by brands and marketers in order to make more money out of you, the consumer.

A personal shopping assistant, driven by AI, could mix things up by not only finding and suggestion things an individual would love to buy, but also finding the best deals (in the background) to save them money on those purchases.

Business Ideas Secret #2

Get to market as quickly and cheaply as possible to test if your idea is viable and makes money.

  • Nearly one third of all websites are built using WordPress
  • WordPress powers nearly one third of all websites on the Internet.

    Quickly create anything from a blog to a complete eCommerce website to test out your business idea. WooCommerce is designed for WordPress sites and is the most popular eCommerce solution in the world.

    Simple design using attractive, drag-n-drop themes means you can publish a new website from scratch in a matter of minutes.

Set up affiliate relationships with brands and retailers and integrate their products, offers and deals into the AI that uses that pool of data to make personalized shopping recommendations based on what it knows about each individual user.

3. AI Butler

A household is a lot of work. More often than not people are busy, with both parents holding down jobs. Simply put, there is often not enough time to manage a household properly.

Integrate an AI driven app into a variety of household smart devices and let it control everything from maintaining the lawn (which it can water via smart sprinklers or mow using a robot mower) and the pool, to monitoring and managing security and access, looking at what groceries and cleaning supplies are running low, and so on.

The AI butler could live in an app on clients' phones and doesn't need it's own physical presence - only the data integrated with it from the various smart devices in the home.

It would be possible to live in a permanently pristine house without having to constantly manage, maintain and clean it.

Business Ideas Secret #3

Secure long-term profits by growing an email list that doesn't rely on leads from organic search or paid ads (i.e. Google or Facebook).

  • Start and grow an email list using AWeber
  • Get everything you need to grow an email list with AWeber (free for 30 days).

    Easily create a platform to build a sustainable income using cutting edge email marketing technology.

    Quickly and easily create attractive, responsive signup-forms and popups and dazzle subscribers with beautiful emails designed using drag-n-drop templates.

The AI butler could even be given a household maintenance bank account in order to order and pay for food and other goods as required. It could open the door for delivery people and direct them as to where to leave or pack the goods (by utilizing security cameras and smart speakers).

4. AI Logistics & Supply Chain Manager

Supply chain management is a huge industry. With rising fuel and transport costs one the one hand and greater demand for free delivery on the other hand, companies are having to come up with innovative new ways to lower costs and meet demands.

An AI driven supply chain manager could oversee a company's entire supply chain by monitoring new orders and integrating with existing infrastructure plus 3rd party services (like advanced route optimization with Optergon) to ensure that everything from the warehouse to the client is managed and optimized to reduce costs and increase efficiencies.

5. AI Online Poker Player

Online poker is big business and there are plenty of extremely good players raking in decent amounts of cash. Develop a poker playing AI to start winning online games and make money winning tournaments (there are AI systems that have beaten top human players in poker already).

Using AI for online poker is not a scalable idea. Make money fast until such time as more AIs start playing; then cash out your winnings.

You would need to be first to market and win as much as possible before others catch on (perhaps this is already being done and we simply don't know about it because it would not be in the developer's interests to tell anyone).

6. AI Farm Manager

Farming and agriculture is a vital but extremely difficult industry. Farmers have a lot to contend with and agriculture in general is only going to get harder as climate changes have a larger and larger impact while the demand for food from human (and livestock) populations continues to grow exponentially.

Develop an AI that can make use of drones to monitor crops or livestock (there are already companies that offer drone based systems to help make monitoring large scale agriculture operations faster and cheaper - the AI could integrate with this existing technology) and make the best possible decisions for optimal management as well as reacting to emergencies.

The AI could not only control day to day operations such as irrigation and spraying, but ultimately make decisions on what products and services are required in order to react to infestations and outbreaks, disease, natural disasters and so on.

7. AI Marketing Agent

Marketing is a very complex and challenging industry with a lot of time and effort being spent gaining experience and knowledge that helps marketers generate the highest possible return on investment for their clients.

As we all know, this doesn't always work out so well for companies as marketers try to push boundaries in order to find new strategies and techniques to gain the edge over their competitors. Fundamentally, there is a lot of trial and error involved and this process is extremely expensive.

While you will find plenty of marketing agencies showing off their amazing successes you won't find any that can guarantee the same results time and again. An AI driven system would be able to accurately gauge its performance using its "experience" over time and at least offer potential clients a baseline performance guarantee. This alone would likely be a significant competitive advantage in the world of marketing.

8. AI Business Analyst

An AI with sufficient access to information in any specific market could likely spot gaps in the market that take human entrepreneurs longer to discover or stumble into. This could be extremely valuable to companies in competitive niches who could use these market gaps to direct where they invest resources.

Alternatively an artificial business analyst could generate great new business ideas as a service for people wherever they are in the world. By analyzing a huge array of information, from the local, state and national economy, to political trends, to banking and finance facilities, infrastructure and consumer demands, the AI could generate ideas for business opportunities that might otherwise lie hidden for too long or be missed entirely.

Entrepreneurs and businesses could use a business analyst AI as a paid service to help them spot gaps and opportunities their competitors are missing out on.

As an added bonus the AI could also offer support in the form of information to help startup new ventures (think along the lines of company registration, tax, government incentives, access to startup incubators, networking with VC and angels, and so on).

So those are just a few of the business ideas that harness the power of artificial intelligence to provide new opportunities and accomplish things that you might only have dreamed about a few years ago. What ideas do you have for AI? Are you already using AI in your own business?

Don't hesitate, start your business today

Check out our top 3 reasons why there's never been a better time to set up an online business than right now.

If you've got an idea that you think will succeed but are hesitating because you are worried about failing and losing money, then get ready to be inspired to start today - right now even.

Sure, the economy is not great, but there are signs of growth, and successful people didn't get that way by sitting around waiting for the economy to improve.

Real world elevator pitch example. Pic by Joe Penniston

It's vital to come up with a polished elevator pitch because the first 30 - 60 seconds in front of investors can mean the difference between success and fail

Start an online business

Starting any new business (i.e.

Top home business ideas

Home business ideas can provide genuine opportunities to create a sustainable, profitable income for entrepreneurs looking to work from home, or make money o

How Google hurt our startup launch with a mistaken phishing warning

You spend years building up an online business, working hard to provide a service that gives paying customers great value.

After a while, your company starts attracting corporate clients who need a bit more than what is available on your traditional offering. And, despite limited resources, you have no choice but to expand the service to enterprise level customers.

But this means a lot of work, and it takes months to properly plan, design and implement the new changes. It's infuriating that Google can mistakenly ruin this.

Easy weekend job ideas that you can turn into a local business

If work takes precedence from 9 - 5, Monday to Friday, it can be difficult to start a side hustle that can potentially evolve into a full-time business - mak

Logo design tips

Designing a great logo for your startup can be one of the most important (and frustrating) challenges you take on.

Side hustle ideas and how to find them

Side hustles can help supplement your full-time income by earning extra money (anything from a few dollars, to thousands) as well as improve your qu

It's easy to set up your own email on a good Web hosting account

A lot of small business owners find that they need a corporate email address on their own work domain, but aren't entirely sure what is required to set thing

Business plan template

Starting out with a great business plan is especially important for online startups (like blogs, professional sites & eCommerce stores) because

The creative heuristic helps generate new business ideas

The creative heuristic algorithm can help spark new business ideas for your next side hustle, or even new blog post ideas to make money blogging.

Whether to choose equity or salary

Deciding whether to take a job working for a startup company is a decision that can lead to fabulous riches or years of wasted effort with little to show.

In short, it's a high risk decision.

So what factors must be taken into account when working out how to take an offer?

This article lists six questions you should ask yourself before considering any job offer - to help ensure you get a fair deal and make the right decision.

Back to Top