ChatGPT is an AI inflection point — Canadians must embrace it

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ChatGPT is an AI inflection point — Canadians must embrace it
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ChatGPT is an inflection point in artificial intelligence that Canada must embrace to stay competitive. Read more

ChatGPT’s ability to retrieve, synthesize and generate content will find applications across many industries, business functions, products and occupations. It is already being used by marketing departments to write copy, by hiring managers to sift through resumes and by programmers to write code.

The choice before executives is whether to proactively embrace its productivity-enhancing potential, or to ignore it and let other nimbler firms slowly eat at their business. Proactive adoption implies, as a first step, the critical analysis of the firm’s entire operations by identifying content retrieval, synthesis and generation tasks that the new technology can do better, faster or more cheaply. These can then be automated, starting with the ones that promise the highest return on investment.

To be sure, executives cannot alone transform their business. They will require a workforce that is comfortable using the latest productivity-enhancing tools. Educators must therefore resist the urge to ban ChatGPT; history would look upon such a prohibition no more favourably than past attempts to ban tools such as calculators and spell checkers. Instead, our schools, colleges and universities must embrace ChatGPT and ensure students are learning to leverage its immense potential.

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