Cohere CEO, OpenAI VP, IBM Chief Privacy Officer, and Radical Ventures Co-founder discuss AI competition, global cooperation, safety in AI adoption, balancing profit with societal concerns, and transforming governments with AI technology at U.S.-Canada Summit
Canada is becoming a major AI player with strong expertise and investment.
Collaboration on AI safety and ethics frameworks is essential for public trust and adoption.
Deep dives
Canada's Rise in AI and Tech Industry
Canada, previously not considered a tech powerhouse, is emerging as a significant player in artificial intelligence (AI). With over 140,000 AI professionals and 10% of the world's top AI researchers, Canada is now rivaling the U.S. Prime Minister Trudeau plans to invest nearly $2.5 billion to fuel the growth of Canadian tech companies with a strong focus on AI.
Importance of Trust and Safety in AI Adoption
Ensuring public trust and safety is crucial for the widespread adoption of AI technology. Countries need to collaborate on regulatory frameworks to address safety concerns. Companies like OpenAI prioritize safety from the development stage, with efforts to continuously improve models and maintain ethical standards.
Business Impact and Responsible AI Investment
Business leaders and investors must consider societal impact and responsible use of AI. Jordan Jacobs emphasizes the importance of choosing companies addressing significant global issues and integrating responsible AI practices. Encouraging governments to become AI customers can enhance trust, innovation, and public service delivery.
POLITICO Tech went to Toronto for the U.S.-Canada Summit, hosted by BMO Financial Group and Eurasia Group. Host Steven Overly moderated a discussion on how the neighbors are competing and cooperating when it comes to artificial intelligence, with Cohere COO Martin Kon, OpenAI vice president of government affairs Anna Makanju, IBM chief privacy and trust officer Christina Montgomery and Radical Ventures co-founder and managing partner Jordan Jacobs. On the show today, key takeaways from that conversation.