News

The reports of AI killing jobs have been greatly exaggerated

Oct 25, 2017

Elon Musk has warned that artificial intelligence (AI) is the biggest risk we face as a civilization, but several Canadian business leaders believe this apprehension is overstated, especially when it comes to its applications in the workforce.

AI will be one of the most disruptive technologies moving forward, but for those businesses that embrace it, that can be a good thing, according to an expert panel - including NEXT Canada Co-chair Anthony Lacavera - at Startup Canada Day on the Hill on Oct. 19.

“I’m not in the Elon Musk Armageddon camp; I think AI will work well,” said Lacavera. “What I’m more concerned about is not the technology itself, but the pace of transition. Big companies in banking, energy or transportation, for example, are already being disrupted and they should be making this transition or they’ll be left behind.”

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