Aldrich West Coast Private Company Report 2025

TITLE TRANSITION

TECHNOLOGY | Artificial Intelligence

How do you currently think about the impact AI can have on your business?

Interested, but aren’t using it currently

47%

Have begun to experiment with AI tools

25%

Currently using AI in specific areas

13%

WEST COAST EXECUTIVES

Haven’t considered it

6%

“The capability to visualize projects in virtual reality, combined with AI enhancements, has the potential to transform how we present to clients and secure their approvals.” “AI would improve project management, optimize construction schedules, predict delays, and improve resource distribution.” “With AI we can optimize our supply chain by analyzing the market trend and external factors.” “Overreliance on artificial intelligence can reduce human oversight, which can lead to potential errors or oversights.” “AI can interpret customer data to design targeted marketing campaigns by understanding preferences and behavior of potential buyers.” “AI algorithms could negatively impact our operations by leading to unfair or inaccurate decision making.” “Facilitating dynamic pricing models with the help of AI can help us understand supply and demand fluctuations.”

Concerned it could have a negative impact

8%

ALDRICH INSIGHTS

Artificial Intelligence — What Are the Possibilities for Business Owners? Q&A with Josh Axelrod, Aldrich COO

Learn more

27

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