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Check this article out. It showcases why we at Society Five.0 are working with businesses on their technology journey. Generative AI has great potential for Canadian businesses, but a new report from the Canadian Chamber of Commerce shows few are adopting it. Only 9% of firms use generative tools, while 73% haven’t considered it. Larger and newer companies are more likely to experiment with the technology, but widespread adoption may not happen until 2030, putting Canada behind other economies. Many firms cite a lack of skilled workers and capital as barriers. Miki Reeder Laura Bodtker Michelle S. Olivia Grace Jacobs James Freeman, P.Eng. MBA FRCGS Adin Nand, P.Eng. Luticia L. Miller Niki Kearl Brett Colvin Justin Hantos Shannon Pestun Lynette Tremblay Adam Burley Sandeep Parmar, MBA

Check this article out. It showcases why we at Society Five.0 are working with businesses on their technology journey. Generative AI has great potential for Canadian businesses, but a new report from the Canadian Chamber of Commerce shows few are adopting it. Only 9% of firms use generative tools, while 73% haven’t considered it. Larger and newer companies are more likely to experiment with the technology, but widespread adoption may not happen until 2030, putting Canada behind other economies. Many firms cite a lack of skilled workers and capital as barriers. Miki Reeder Laura Bodtker Michelle S. Olivia Grace Jacobs James Freeman, P.Eng. MBA FRCGS Adin Nand, P.Eng. Luticia L. Miller Niki Kearl Brett Colvin Justin Hantos Shannon Pestun Lynette Tremblay Adam Burley Sandeep Parmar, MBA Cameron Christensen Oba Harding Derek Armstrong Lora Bucsis

Amid concerns about U.S. competitiveness in artificial intelligence, the Senate Commerce, Science, and Technology Committee on Wednesday advanced a bevy of AI-focused bipartisan bills, though some fault lines emerged that could signal growing tension between the parties on the issue. Sen. Maria Cantwell, D-Wash., who chairs the committee, opened the session by setting the global stakes for AI development, noting that in the U.S., the technology “may increase annual GDP growth by $1.2 trillion to $3.8 trillion per decade, or even more, but China and other countries are investing hundreds of billions of dollars and taking actions to gain economic and national security advantage from AI.” https://hubs.li/Q02JGk0h0

Step 1: dont regulate AI and make tax breaks for AI investments Step 2: step aside and let the market handle it I can think of little more Congress can do that will not distort things into the wrong direction.

Amid concerns about U.S. competitiveness in artificial intelligence, the Senate Commerce, Science, and Technology Committee on Wednesday advanced a bevy of AI-focused bipartisan bills, though some fault lines emerged that could signal growing tension between the parties on the issue. Sen. Maria Cantwell, D-Wash., who chairs the committee, opened the session by setting the global stakes for AI development, noting that in the U.S., the technology “may increase annual GDP growth by $1.2 trillion to $3.8 trillion per decade, or even more, but China and other countries are investing hundreds of billions of dollars and taking actions to gain economic and national security advantage from AI.” https://hubs.li/Q02JGtQj0

Congratulations to CASBO CEO Tatia Davenport, whose article exploring how Artificial Intelligence can address staffing challenges, streamline processes and boost productivity in public education was recently featured by Forbes Business Council. Learn Tatia's insights at the link below and share your thoughts on using AI to innovate school business in the comments below. #casbo #casboinspires #edtech #futureofeducation #publiceducation #schoolfinance #artificialintelligence #schoolbusiness #forbesbusinesscouncil

The annual Business Barometer launches today and looks at the critical skills and knowledge gaps leaders need to address. Download the report here ➡️ https://bit.ly/4aVeQiT

Find out how leaders really feel about the skills their business needs (or currently lacks) in the Business Barometer report 🔗 https://bit.ly/3KxAvCU We're proud to work on this annual report with The Open University, launching the 2024 edition today 🚀 #BusinessBarometer #Skills

💡 OPINION | Navigating the AI Revolution: are French companies ready? In an era where AI and digital transformation are reshaping industries, the ability of business leaders to make informed decisions is more crucial than ever. ESSEC Business School Metalab Academic Co-director Guillaume Chevillon and Laure Salvaing, director of Verian Group, highlight in Le Monde that many large French companies still struggle to define a clear digital strategy. Despite growing awareness of digital challenges among French enterprises, a survey led for the French Tech Corporate Community reveals that many companies lack a clear strategy to address AI-related opportunities and challenges. This hesitation could jeopardize future competitiveness and value creation. To access the full article (in French - through paywall) click the link in comments 👇 #techleader #business #genai