Canada Struggles with Generative AI Adoption Amidst Urgent Need for Change
- The report indicates that Canadian businesses are experiencing a significant lag in adopting Generative AI technologies.
- A staggering 72% of organizations have reported a skills gap in AI implementation.
- Accelerating AI adoption is crucial for Canadian competitiveness on the global stage, highlighting the need for strategic collaboration.
A recent report from the Canadian Chamber of Commerce's Business Data Lab highlighted the slow uptake of Generative Artificial Intelligence among businesses in Canada. The report stresses that without faster adoption, Canada may fall behind in global competitiveness and warns of a significant productivity boost potential. To address the challenges of AI adoption, it calls for collaboration between businesses and policymakers. Additionally, it noted that 72% of organizations report an AI skills gap, while Canada has dropped in global AI maturity rankings due to infrastructure limitations. Despite these challenges, more than 90% of AI program graduates remain in Canada, indicating a strong talent pool available for future needs. This convergence of government investment, academic efforts, and an innovative business ecosystem can create a promising future for Canada's AI landscape if businesses act strategically and promptly.