Speaking at the KPMG AI Made Real Summit in Vancouver, Ajay Agrawal warned that Canada’s early leadership in AI doesn’t secure future dominance. The economist and author highlighted massive investments abroad—such as the UAE’s $100 billion push—contrasting Canada’s modest $2 billion fund.
Agrawal urged Canadian firms to redesign workflows, not merely adopt AI tools, calling the moment a “between times” in global transformation. He likened AI’s impact to electricity’s industrial revolution and stressed that judgment—not prediction—remains uniquely human. The keynote concluded with a call for urgency, scale, and strategic action to ensure Canada doesn’t fall behind.
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