TD Economics reports that adoption of generative AI in Canada could increase GDP by 8% over the next decade.
TD Economics predicts that generative AI could boost Canada's GDP by 8% over the next decade, as long as the country's low AI adoption rates don't hinder progress. Generative AI, which can solve complex problems and mimic human cognitive abilities, stands out from previous automation technologies. This technology could revolutionize industries and provide solutions previously unattainable, potentially lifting Canada's GDP by 5-8% in the coming decade.
June 02, 2024
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