Canada’s AI Ecosystem: A Call to Action
At a recent Montreal event, Canadian Minister Evan Solomon underscored a critical notion: “Countries that master AI will dominate the future.” Currently, Canada risks becoming merely a part of someone else’s bulldozer—lacking autonomy in their AI innovations.
Key Insights:
- Talent Drain: Canada hosts 10% of the world’s premier AI researchers; however, they predominantly fuel foreign firms, leaving Canadian firms with only 7% of total IP.
- Startup Gap: AI-native startups, essential for growth, are thriving globally, yet only 12-14% of new Canadian startups are AI-native.
- Funding Deficit: Capturing a mere 0.7% of global AI funding, Canada lags behind the U.S. and China, which dominate venture investment.
Call to Action:
To avoid falling further behind, Canada must strategize for robust AI-native startup ecosystems, ensuring local job creation and economic resilience. Let’s share and discuss how we can build our “bulldozers” in AI and reclaim our future! #AI #Innovation #Canada #TechTrends
