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Mr. Carney comes to Canada to talk about artificial intelligence

While Toronto has emerged as one of the talent and research hot spots in the world of AI, it is also where there is a growing and much-needed attention to the economic impact and social challenges of AI.

Opinion
BY DAVID CRANE
October 29, 2018

Opinion | BY DAVID CRANE | October 29, 2018

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Most of Canada’s young businesses with growth potential and proprietary technology can easily be acquired without consideration of the wider consequences for the country's future.

Most of Canada’s young businesses with growth potential and proprietary technology can easily be acquired without consideration of the wider consequences for the country's future.

We need to build a new economy where innovation and productivity make real increases in per capita well-being in income and wealth generation to address the demands of health care, achieving net-zero emissions, education, and more defence spending.

We need to build a new economy where innovation and productivity make real increases in per capita well-being in income and wealth generation to address the demands of health care, achieving net-zero emissions, education, and more defence spending.

What this paper from the three Innovation, Science and Economic Development analysts most importantly underlines is both the governmental failure to realistically acknowledge the big transitions we face, but also that, in the absence of a serious growth strategy going forward, we face a future of stagnation and the risk of a major brain and investment drain pursuit of greater opportunity elsewhere. That’s surely not what we want.

What this paper from the three Innovation, Science and Economic Development analysts most importantly underlines is both the governmental failure to realistically acknowledge the big transitions we face, but also that, in the absence of a serious growth strategy going forward, we face a future of stagnation and the risk of a major brain and investment drain pursuit of greater opportunity elsewhere. That’s surely not what we want.