The co-founders of two of Canada’s top artificial intelligence firms say companies in the country are buzzing with excitement around the technology but turning that enthusiasm into products and tools takes too long.
Tara Deschamps, The Canadian PressGil Luria, senior software analyst of D.A. Davidson, gives his outlook for artificial intelligence.
“Then, it takes a long time to get from some high-level room that says we need this thing to an actual implementation that’s sitting in production, saving their employees time or ... delighting their users.”She estimates it takes 18 months for companies reaching out to her business to commit to using AI and then another 18 months to start doing something with it.
Culture could be part of it, but he said, “I want to be clear that I don’t necessarily think that cultural thing is bad.” Those GDP declines have sparked a discussion about whether Canada is facing a crisis in productivity because it is lagging behind the U.S. and many other Nordic nations. But to ensure LLMs and AI are “an absolutely massive opportunity” for Canada, Frosst said the country must not squander the foundations that have been laid for it.
Cohere has received funding from Hinton, who recently won a Nobel prize, and Frosst was one of his proteges.
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