Canada could boost productivity and GDP using generative artificial intelligence: report

Mark Lowey
March 13, 2024

Generative AI technology could reverse Canada’s decades-long decline in productivity and add almost two per cent to the nation’s GDP, according to a report by The Conference Board of Canada.



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Other stories mentioning these organizations, people and topics
Organizations: Cohere, Conference Board of Canada, Digital Research Alliance, Forum IA Quebec, KPMG, MaRS Discovery District, Massachusetts Institute of Technology, Organisation for Economic Co-operation and Development, Statistics Canada, Toronto Metropolitan University, Tortoise, and Vector Institute
People: Alain Francq and Ronak Shah
Topics: “Real Talk: How Generative AI Could Close Canada’s Productivity Gap and Reshape the Workplace – Lessons From the Innovation Economy” (report), barriers to generative AI adoption by businesses, business areas of focus for using generative AI, Canada's "innovation paradox", Canada's lack of compute capacity and data infrastructure, Canada's lack of high-tech exports, Canada's low productivity, Canada's national AI strategy, challenges for SMEs to adopt generative AI, chatGPT, de-risking experiments in adopting generative AI, generative artificial intelligence technology, Global Artificial Intelligence Index, government support for businesses to use generative AI, increasing Canadian businesses' investment in R&D, increasing Quebec's GDP with AI adoption, lagging tech adoption by Canadian businesses, Pan-Canadian AI Compute Environment, percentage of Canadian businesses using generative AI, preparing next generation of workers to use generative AI, safe adoption of generative AI by Canadian businesses, smart regulation of generative AI, startups and use of generative AI, study to benchmark AI jobs, U.K. and France investment in compute capacity, uncertainty about AI regulations, upskilling employees to be able to use generative AI, use of generative AI by Canadian businesses, and using generative AI to improve Canada's productivity

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