Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300A welcome email is on its way. If you don't see it, please check your junk folder.
Usage of non-generative artificial intelligence, a broader technology which KPMG said has been deployed across sectors such as health care and finance to boost productivity and competitiveness, is even worse. A mere 35 per cent of organizations in Canada say they are using such AI, compared to 72 per cent of businesses in the United States., four in 10 have deployed it in call centres.
The survey results appear to paint a picture of a country woefully behind its neighbour to the south. That could ultimately have implications for how well Canadian companies perform on the world stage, as those that use AI appear to have a “competitive advantage,” the study said. “Generative AI can be powerful if used correctly and responsibly, and it enables businesses to be more efficient, productive and competitive,” Benjie Thomas, Canadian managing partner, Advisory Services at KPMG, said in a press release. “Canadian businesses that aren’t adopting AI today might be putting themselves at risk of falling behind, especially as competitors south of the border continue to advance in this field.
There are big gains to be won by deploying artificial intelligence in businesses, with countries standing to benefit, too, research shows. Goldman Sachs Group Inc. predicted in a recent study that generativeacross major economies. While that might not sound like a win on the surface, it’s actually a recipe for boosted productivity, because more automation will free up workers to take on other tasks.
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: nationalpost - 🏆 10. / 80 Read more »
Source: financialpost - 🏆 7. / 85 Read more »
Source: fpinvesting - 🏆 43. / 63 Read more »