Tech leaders have long lamented the slow rate of adoption for their products in Canada, especially when compared to the U.S.
RELATED VIDEO : Prime Minister Justin Trudeau took part in a fireside chat on Friday at the Asia-Pacific Economic Cooperation Forum. He discussed innovation around artificial intelligence – Nov 15, 2024firms say companies in the country are buzzing with excitement around the technology but turning that enthusiasm into products and tools takes too long.“A lot of the times when I start to deal with a Canadian company, they say, ‘We’ve got to get an AI strategy.
Some have blamed the pace on a lack of funding, while others have said it’s a matter of culture.For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen.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.”“Some of the things that I really like about Canada is that we’re slow and a little conscientious,” he said.
He said LLMs alone will “augment” about 20 per cent of knowledge-based jobs, which include teachers, doctors, financial analysts and marketing consultants.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.
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