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AI: The $230 Billion Opportunity for Canada

December 20, 2024 by Newsdesk

2024 saw generative AI transform from experimental to essential for Canadian businesses. Companies like TELUS reaped efficiency and cost benefits through full-scale AI deployments. AI’s economic potential in Canada is vast, with predictions of a $230 billion boost and 175 annual work hours saved per employee.

Looking ahead, AI-powered products will reshape customer experiences, streamline workflows, and drive innovation in sectors like finance, telecommunications, and healthcare. Canadian startups like Cohere and Viral Nation are poised to scale with AI.

As AI adoption deepens, leaders must embed AI strategies into their operations, setting the stage for a transformative 2025.

Want to know more? Check out the source code on Techcouver.

Filed Under: News Tagged With: Google

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