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Canadian tech organization urges 'responsible' approach to AI regulation

Canadian tech organization urges 'responsible' approach to AI regulation

BNN Bloomberg
Saturday, September 16, 2023 02:27:43 PM UTC

An organization representing more than 150 Canadian tech companies is calling on the country to take a sensitive but speedy approach to artificial intelligence.

In a report released Friday, the Council of Canadian Innovators (CCI) argues the country has an opportunity to be a leader in the global AI sector, currently valued at $299 billion and projected to reach $2 trillion by 2030. 

However, CCI said Canada must ensure any AI regulation is "responsible," blending clarity, trust and lessons other nations have learned from trying to reign in the dangerous side of the technology.

"We do want people to move quickly but intelligently to make sure that there are pieces that make sense and that people can trust (regulation), but we also really want a framework that is going to prove durable," said Laurent Carbonneau, CCI’s director of policy and research.

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