Canadian tech leaders warn slow AI adoption by companies is hampering productivity gains.

Canadian tech leaders warn that despite high enthusiasm for AI, Canadian companies are slow to adopt and implement it. Co-founders of leading AI firms, Nick Frosst and Nicole Janssen, note it takes around 18 months for companies to commit to AI and another 18 months to start using it. This delay is linked to cultural and funding challenges, putting Canada behind other nations in productivity gains from AI.

November 26, 2024
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