Ottawa puts up $50M in federal budget to hedge against job-stealing AI

Prime Minister Justin Trudeau speaks during an announcement on innovation for economic growth in advance of the 2024 federal budget in Montreal, Sunday, April 7, 2024. THE CANADIAN PRESS/Graham Hughes

Some jobs will be lost, others will be created, "but there's going to be a transition period that could be somewhat chaotic." Finance Canada did not respond to questions asking what other sectors or types of jobs would be covered under the program. Those set to be affected are individuals in white-collar professions, like people working in marketing, health care, law and accounting.

According to Viet Vu, manager of economic research at Toronto Metropolitan University’s the Dais, the impact of AI on workers in a sector like the creative industry doesn’t have to be negative. "A job is composed of so many different tasks that sometimes even if a new technology comes along and 20, 30 per cent of your job can be done using AI, you still have that 60, 70 per cent left," he said.

There is no AI system in the world that does not use data, he said. "And so being able to actually understand how data is curated, how data is used, even some basic data analytics skills, will go a really long way."

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