Organizations from across the country signed on to develop and manage generative AI systems safely and responsibly

OTTAWA, ON, Nov. 8, 2024 /CNW/ – Artificial Intelligence (AI) has the potential to transform our lives for the better, helping us discover new advancements in medicine, unlocking growth in our economy, and making our jobs and lives better. The Government of Canada is making sure that AI is safely and responsibly developed and is working with leading Canadian tech companies to make sure Canadians can have confidence in the AI solutions that will keep Canada competitive. 

Today, the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, is pleased to announce that 10 additional organizations have signed on to Canada’s Voluntary Code of Conduct on the Responsible Development and Management of Advanced Generative AI Systems:

CNIBDayforce Canada Ltd.Dimonoff Inc.Geotab Inc.Hewlett Packard EnterpriseInterac Corp.NuveiSAP CanadaTELUS DigitalWorkday

In signing on to the voluntary code of conduct, these organizations are committing to support the ongoing development of a safe and responsible AI ecosystem in Canada. They join 30 other signatories that have pledged to adopt the measures identified in the code when developing and managing advanced generative AI systems.

The government continues to take a leadership role in AI, committing $2.4 billion in Budget 2024 to help secure Canada’s AI advantage. Measures include investing in compute capacity and infrastructure, accelerating AI adoption by Canadian businesses, creating a new Canadian AI Safety Institute as well as supporting workers through skills training.

Quotes

“Artificial intelligence is changing the world, and it is vital that Canada remain at the forefront to create an ecosystem that encourages the safe and responsible use of AI. Our government is committed to ensuring Canadians and Canadian businesses can take advantage of this evolving technology while also being protected from its risks. It is excellent news that so many organizations have signed on to the voluntary code of conduct to help build trust and safety as our AI industry grows.”
– The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry

“As a conscientious leader and contributor to the digital economy, TELUS Digital recognizes our responsibility to consider the broader, enduring impact of our work with AI and other transformational technologies. In that regard, we are dedicated to upholding the standards outlined in Canada’s voluntary AI code of conduct to help guide our approach to AI design, implementation, deployment and governance as we explore new use cases for AI within our business, in support of our clients’ goals, and to improve the human experience.”
– Tobias Dengel, President, TELUS Digital Solutions 

“At Interac Corp., we leverage advanced AI tools and technologies to optimize our operations and deliver innovative solutions that drive digital prosperity for Canadians. By embracing Canada’s voluntary generative AI code of conduct, we underscore our commitment to the responsible and ethical use of AI in achieving these goals.”
– Debbie Gamble, Chief Strategy and Marketing Officer, Interac Corp.

“AI is accelerating innovation, from designing and developing safe, novel medicines to unlocking new energy sources from ocean waves and fusion. At HPE, we believe in the power of public-private partnerships to enable future AI-driven innovations where data privacy, ethics and sustainability are integral to the design, deployment and use of AI. We are proud to sign Canada’s voluntary generative AI code of conduct that establishes important guiding principles to empower a new era of AI responsibly to mitigate risk.”
– Trish Damkroger, Senior Vice President and General Manager, HPC and AI Infrastructure Solutions, Hewlett Packard Enterprise

Quick facts

Canada’s Voluntary Code of Conduct on the Responsible Development and Management of Advanced Generative AI Systems was launched in 2023.The Code was developed based on the input received from a cross-section of stakeholders through engagements and consultation on the development of a Canadian code of practice for generative AI systems. The government has published a summary of feedback received during the consultation.The Government of Canada is taking significant steps toward ensuring that AI technology evolves responsibly and safely. One of those steps is proposing the Artificial Intelligence and Data Act (AIDA), which was introduced in June 2022 as part of Bill C-27, the Digital Charter Implementation Act.AIDA is designed to promote the responsible design, development and use of AI systems in Canada’s private sector, with a focus on systems with the greatest impact on health, safety and human rights (high-impact systems) as well as general-purpose systems.Since the introduction of Bill C-27, the government has engaged extensively with stakeholders on AIDA and will continue to seek the advice of Canadians, experts and international partners on the novel challenges posed by emerging AI technologies.Bill C-27 was adopted at second reading in the House of Commons in April 2023 and is currently being studied by the House of Commons Standing Committee on Industry and Technology.

Associated links

Securing Canada’s AI advantageConsultation on the development of a Canadian code of practice for generative artificial intelligence systemsMinister Champagne launches voluntary code of conduct relating to advanced generative AI systemsVoluntary Code of Conduct on the Responsible Development and Management of Advanced Generative AI SystemsNew laws to strengthen Canadians’ privacy protection and trust in the digital economyCanada’s Digital Charter and Bill C-27: Digital Charter Implementation Act, 2022Artificial Intelligence and Data ActAdvisory Council on Artificial Intelligence

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NEW YORK, Nov. 8, 2024 /PRNewswire/ — Report with market evolution powered by AI – The global artificial intelligence (AI) market size is estimated to grow by USD 237.4 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  30.07%  during the forecast period. Prevention of fraud and malicious attacks is driving market growth, with a trend towards increase in cloud-based AI services. However, shortage of ai experts  poses a challenge.Key market players include Advanced Micro Devices Inc., Alphabet Inc., Amazon.com Inc., Apple Inc., Argo AI LLC, Baidu Inc., China Cambrian Technology Co. Ltd., CognitiveScale, DataDirect Networks Inc., Graphcore Ltd., Huawei Technologies Co. Ltd., Intel Corp., International Business Machines Corp., Microsoft Corp., Nuance Communications Inc., NVIDIA Corp., Oracle Corp., Qualcomm Inc., Tesla Inc., and Wipro Ltd..

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF

Market Driver

Artificial Intelligence (AI) is revolutionizing technology, with businesses adopting it for various applications such as recommendation engines, pricing optimization, lead generation, chatbots, supply chain optimization, and more. In the realm of next-generation tech fields, AI is making strides in sectors like finance, healthcare, marketing, and advertising. Companies must invest in sufficient computer and data storage capabilities for on-premises data centers to process AI-driven data efficiently. Developing in-house AI products can be costly, leading many to consider open-source AI platforms, SaaS, and cloud computing solutions. Key technologies include parallel processing, data analytics, data science, cognitive solutions, computer vision, deep learning, natural language processing, algorithms, and intelligence standards. The future of AI lies in cutting-edge technologies like supercomputers, quantum computers, and advanced machine learning techniques.

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Market Challenges

Artificial Intelligence (AI) is a transformative technology with applications in various sectors, including data analysis, healthcare, banking, automotive, e-commerce, and more. However, many companies face challenges in implementing AI due to the need for large data sets, specialized infrastructure, and AI expertise. Ethical concerns, regulatory issues, privacy, bias in algorithms, and job displacement are additional considerations. AI technologies such as machine learning, deep learning, generative AI, and edge computing require significant investments. Sectors like IT and telecommunication, retail and e-commerce, agriculture, education, media and entertainment, finance and accounting, cybersecurity, legal and compliance, and operation have adopted AI for customer service, support, experiences, fraud prevention, and workflow management. Biopharmaceutical companies leverage AI for data management, while private sectors use pretrained models and customizable AI from AI marketplaces.

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Segment Overview 

This artificial intelligence (ai) market report extensively covers market segmentation by

Component 1.1 Software1.2 Hardware1.3 ServicesEnd-user 2.1 Retail2.2 Banking2.3 Manufacturing2.4 Healthcare2.5 OthersGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Software-  In the dynamic and evolving landscape of the Artificial Intelligence (AI) market, various components fuel its growth. Data analysis is a crucial segment, as businesses harness AI’s potential to derive valuable insights from vast datasets. Healthcare, Banking, Automotive, E-commerce, and other industries embrace AI for improved efficiency, enhanced customer experiences, and innovative solutions. Ethical concerns and regulatory issues surrounding AI’s implementation are under scrutiny, with privacy issues and bias in algorithms being major areas of focus. Job displacement due to automation, robotics, chatbots, and virtual assistants is a significant concern, necessitating the development of skilled AI professionals. Market segments like IT and telecommunication, Retail & e-commerce, Agriculture, Education, Media and entertainment, Finance & accounting, Cybersecurity, Legal and compliance, and Operation leverage AI for fraud prevention, workflow management, and customizable AI solutions. Pretrained models, AI marketplaces, and biopharmaceutical companies are integral components, driving advancements in machine learning, generative AI, generative adversarial networks, transformers, variational autoencoders, diffusion networks, and retrieval augmented generation. Edge AI and Internet of Things (IoT) are gaining traction with edge computing, enabling real-time data processing and analysis.

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Research Analysis

The Artificial Intelligence (AI) market is experiencing exponential growth, driven by advancements in deep learning, data analytics, data science, and cognitive solutions. Cloud computing and quantum computers are revolutionizing the way AI algorithms are developed and deployed. Computer vision and natural language processing are key components of next-generation tech fields, enabling applications in healthcare, finance, and more. SaaS and on-premises solutions offer flexibility in implementing AI, while hardware advancements facilitate parallel processing and big data storage. Pretrained models and machine learning algorithms are essential tools for developers, enabling faster and more accurate AI implementation. Intelligence standards ensure interoperability and reliability, making AI a valuable asset for various industries. AI techniques, such as deep learning and machine learning, continue to evolve, pushing the boundaries of what is possible in this dynamic field.

Market Research Overview

The Artificial Intelligence (AI) market is a rapidly growing industry that focuses on developing intelligent machines capable of performing tasks that typically require human intelligence. These tasks include learning, reasoning, problem-solving, perception, and language understanding. The market encompasses various sectors such as healthcare, finance, education, retail, and manufacturing, among others. AI technologies include machine learning, deep learning, natural language processing, computer vision, and robotics. Companies are investing heavily in AI research and development to create innovative solutions that enhance productivity, improve customer experiences, and drive business growth. The market is expected to continue expanding due to increasing demand for intelligent automation and the integration of AI into various industries.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ComponentSoftwareHardwareServicesEnd-userRetailBankingManufacturingHealthcareOthersGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

CAYUGA, N.Y., Nov. 8, 2024 /PRNewswire/ — On Election Day, Cayuga County took an unprecedented step in enhancing the safety of voters and staff by installing SaferWatch LTE panic buttons at every polling location. 

These state-of-the-art devices were directly linked to local 911 centers, providing poll workers with a critical line to emergency services in real-time. Additionally, the system was equipped to send instant alerts to local law enforcement agencies, offering an added layer of security throughout the voting process. 

“Keeping everyone safe on Election Day is our top priority, and we want people to feel at ease when they come out to vote,” said Sheriff Brian Schenck. “By implementing SaferWatch panic buttons at our polling locations, we took proactive measures for our community and provided reassurance to election staff that they were protected and supported while keeping our community and voters safe.” 

The SaferWatch LTE panic button system is uniquely designed to meet the needs of public safety in real time, providing a robust and secure connection to emergency response services. SaferWatch’s innovative approach allows for seamless integration with local emergency communication systems, ensuring that alerts reach first responders without delay. 

“This election, and all elections, shouldn’t just be free and fair. They should also be safe, and Cayuga County is leading the way across NY to ensure safety at the polls – for voters and election workers – during a time when no one wants to take any chances,” said CEO of SaferWatch, Geno Roefaro. 

With SaferWatch’s support, Cayuga County is leading by example, setting a new standard for Election Day security and community-focused safety initiatives. This collaboration demonstrates the power of  technology in safeguarding public spaces and supporting the efforts of law enforcement and emergency personnel in protecting citizens. 

About SaferWatch

SaferWatch is a leading provider of safety and security technology solutions that empower communities, schools, and businesses to enhance their emergency response capabilities. With a commitment to  innovation, SaferWatch works alongside public and private sectors to foster safer environments through robust communication, alert systems, and reporting platforms. 

About Cayuga County 

Cayuga County is dedicated to serving its residents with a focus on safety, community engagement, and public service. By continually advancing its public safety initiatives, Cayuga County ensures a secure  environment where residents can exercise their rights with confidence. 

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SOURCE SaferWatch