If deployed correctly, generative artificial intelligence (AI), could help reverse a decades-long decline in productivity and add almost two per cent to Canada’s GDP, according to new research from The Conference Board of Canada in partnership with MaRS Discovery District.
“Canada is a leader in the discovery and creation of artificial intelligence, but we lag in adopting the technology at the organizational level,” says Alain Francq, director for innovation and technology at The Conference Board of Canada.
“To take advantage of generative AI’s potential, Canadian businesses need to break out of their historic pattern of under-investing in research and development and adopting emerging technologies in an effort to rectify the country’s productivity gap. The Pan-Canadian AI Strategy is a good start with its focus on commercialization, standards, and research.”
