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Fulkerson Advisors

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  1. 62

    new AI models released in the last 90 days.

    AI model releases

  2. 19 of 25

    paid AI business plans and APIs say in the contract they don't train on your data.

    AI companies and your data

  3. 4 of 29

    legal AI vendors put a full promise not to train on client data in their contract.

    Legal AI and client data

  4. 87%

    of business software products' terms and privacy policies say nothing about training AI on your data.

    Software terms and AI training

  5. 21%

    fewer writers on US marketing agencies' websites than before ChatGPT.

    Marketing agencies after ChatGPT

  6. 7%

    higher asking multiples for small businesses AI can do than in 2019, about the same rise as small businesses overall.

    Business values before and after ChatGPT

  7. 1 in 2

    HVAC and plumbing companies that called themselves family-owned still do after private equity buys them. 37 of 352 name the group that owns them.

    HVAC after private equity

  8. 1 in 150

    US law firm websites says the firm uses AI. 54% of firms with 100 or more lawyers mention AI, against 2.5% of solo lawyers.

    Lawyers using AI

  9. 1 in 100

    US insurance agency websites has an AI assistant. 75% take quote requests online, but 8% show a price.

    AI for insurance agents

  10. 15%

    of US car washes with employees belong to chains backed by private equity. So do 9.3% of body shops, 18% of veterinary practices, 2.0% to 4.8% of dental offices, 1.0% of CPA offices and 0.9% of HVAC and plumbing contractors.

    How much of Main Street private equity owns

  11. 2.6×

    a year's cash flow is what the typical small business for sale in the US asks. Businesses earning $2 million or more a year ask 4.2 times.

    What small businesses for sale ask

  12. 11%

    of US health systems had an open job with AI in its title. 39% of systems with 2,000 or more physicians were hiring for AI, against 6% of smaller ones.

    Which health systems are hiring for AI

  13. 88%

    of the 344 open jobs that keep doctors' schedules at 416 US health systems aren't scheduling jobs. Physicians, APPs and nurses hold 30% of them.

    Who keeps doctors' schedules

  14. 11

    of 1,115 US private equity firms show AI at work inside a named portfolio company on their websites. 17% say AI is part of how they improve their portfolio companies.

    What private equity firms say about AI, and what they show

  15. 2%

    of 1,054 outside-counsel guidelines written since ChatGPT mention AI. 12 of the 20 that do require the firm to disclose when it used it.

    What clients now tell their law firms about AI

  16. 0

    of 97 of the world's largest law firms have a chat window, an AI assistant, or a text line on their websites. 46 have a form and 30 show a phone number.

    AI at the front door of 97 of the world's largest law firms