AI is set to change the way Canadians do business. According to a recent report commissioned by Google Canada, eight in ten (80 per cent) decision makers from businesses that are early adopters of technology agree that AI will make Canadian businesses more productive. The report also highlights that generative AI has the potential to boost Canada’s economy by $230 billion and could save the average Canadian worker over 175 hours a year.
The research, commissioned by Google Canada shows that around a quarter of Canadian small and medium businesses (27 per cent) are already making use of AI and machine learning, rising to nearly two thirds (65 per cent) of larger businesses. While many are still experimenting with how to best utilize AI, over half of AI users (53 per cent) said they had already found real use cases, like researching a new topic, helping write an email or document or brainstorming new ideas. Half of SMB leaders (50 per cent) use, or plan to use, AI to save time, 46 per cent to save money, 43 per cent to grow their business, and 55 per cent to work more efficiently.
The shift towards embracing AI will also create new opportunities for Canadian workers. One in five workers (21 per cent) say they already use AI to help them at their job, rising to almost a third (29 per cent) of younger Canadians ages 18-24. To ensure the development and use of AI benefits everyone, Canadians need to be equipped with the skills required to succeed in the workforce. The survey reinforces that more than six in ten Canadian workers (63 per cent) are interested in AI skilling, rising to seven in ten young Canadians (72 per cent).
Here’s what else the survey shows:
- The AI Opportunity: For the most part, Canadian businesses and individuals already recognize the opportunity AI presents, with nearly three quarters (74 per cent) of Canadians who already use or plan to use AI at their job saying it will help them become more productive.
- Embracing AI: Beyond the clear economic opportunity of the technology, Canadians are optimistic about the benefits and opportunities AI brings with it. The majority of Canadian adults (59 per cent) are optimistic about the impact technology will have in the next twenty years, rising to 69 per cent of those aged under 35.
- Upskilling for Productivity: Canadians want to further their knowledge of AI but they say the skills training needs to be focused on practical uses of the technology. For example, 43 per cent of Canadians say they want advice on how they can use AI tools for their job specifically, and more than a third (36 per cent) want to learn how to use AI to automate repetitive tasks in general.
To learn more about Google’s AI Essentials course, visit HERE.
About the Survey
Google commissioned Public First to anonymously survey 4,086 Canadian adults online between 17-29 June 2024. Responses are weighted by interlocking age and gender, province, and education level to nationally representative proportions. 1,156 senior business decision makers were surveyed between 17th June – 2nd July 2024. Responses are weighted by province and business size (number of employees) to nationally representative proportions (business count). New economic modeling was used to quantify the economic and social impact of Google for Canada’s individuals, families and businesses.
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AI to Boost Canadian Business Productivity: Google
AI is set to change the way Canadians do business. According to a recent report commissioned by Google Canada, eight in ten (80 per cent) decision makers from businesses that are early adopters of technology agree that AI will make Canadian businesses more productive. The report also highlights that generative AI has the potential to boost Canada’s economy by $230 billion and could save the average Canadian worker over 175 hours a year.
The research, commissioned by Google Canada shows that around a quarter of Canadian small and medium businesses (27 per cent) are already making use of AI and machine learning, rising to nearly two thirds (65 per cent) of larger businesses. While many are still experimenting with how to best utilize AI, over half of AI users (53 per cent) said they had already found real use cases, like researching a new topic, helping write an email or document or brainstorming new ideas. Half of SMB leaders (50 per cent) use, or plan to use, AI to save time, 46 per cent to save money, 43 per cent to grow their business, and 55 per cent to work more efficiently.
The shift towards embracing AI will also create new opportunities for Canadian workers. One in five workers (21 per cent) say they already use AI to help them at their job, rising to almost a third (29 per cent) of younger Canadians ages 18-24. To ensure the development and use of AI benefits everyone, Canadians need to be equipped with the skills required to succeed in the workforce. The survey reinforces that more than six in ten Canadian workers (63 per cent) are interested in AI skilling, rising to seven in ten young Canadians (72 per cent).
Here’s what else the survey shows:
To learn more about Google’s AI Essentials course, visit HERE.
About the Survey
Google commissioned Public First to anonymously survey 4,086 Canadian adults online between 17-29 June 2024. Responses are weighted by interlocking age and gender, province, and education level to nationally representative proportions. 1,156 senior business decision makers were surveyed between 17th June – 2nd July 2024. Responses are weighted by province and business size (number of employees) to nationally representative proportions (business count). New economic modeling was used to quantify the economic and social impact of Google for Canada’s individuals, families and businesses.
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This entry was posted on October 1, 2024 at 8:34 am and is filed under Commentary. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.