Citadel Securities: AI Supports U.S. Competitiveness by Lowering SMB Startup Costs

According to Citadel Securities, on July 8, artificial intelligence will strengthen U.S. economic competitiveness by reducing entrepreneurship barriers and boosting productivity for small and medium-sized businesses.

Frank Plight, macro strategist at Citadel Securities, stated that AI enables companies to achieve economies of scale before reaching sufficient operational size, with shared functional capabilities lowering minimum production thresholds. Plight noted that SMBs account for approximately 40% of U.S. economic output and predicted AI would enhance the country's distinctive startup culture by reducing founding costs and improving entrepreneur productivity.