Worried artificial intelligence is coming for your job? So is the federal government — enough, at least, to set aside $50 million for skills retraining for workers. 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



In Ottawa, the federal government has earmarked $50 million for worker retraining amid concerns about the impact of artificial intelligence (AI) on employment. This allocation is part of a broader $2.3 billion investment aimed at fostering AI adoption and development in Canada.

The initiative aims to support workers in sectors and communities vulnerable to AI-related disruptions by providing them with new skills training through the Sectoral Workforce Solutions Program.

According to Joel Blit, an economics professor at the University of Waterloo, AI's emergence heralds significant economic and societal transformations, with potential job losses and creations leading to a transitional period.

While AI jokes predate its widespread adoption, the prevalence of systems like ChatGPT has intensified concerns among workers. A briefing note for Finance Minister Chrystia Freeland warned that around 40% of all working hours could be affected by generative AI, particularly impacting sectors such as banking, insurance, and energy.

While the federal budget highlights the creative industries as a sector covered by the retraining program, concerns persist about the broader implications of AI across various occupations. The Canadian Labour Congress emphasizes the need to consider AI's implications for all jobs.

Blit explains that AI systems, including large language models, can perform various tasks previously reserved for humans, potentially affecting individuals in white-collar professions like marketing, healthcare, law, and accounting.

Hugh Pouliot of the Canadian Union of Public Employees underscores the vulnerability of clerical and customer service jobs to AI-related disruptions.

While the government has utilized AI in nearly 300 projects, Viet Vu from Toronto Metropolitan University's the Dais suggests that AI's impact on the creative industry need not be negative if adopted responsibly.

Vu emphasizes the importance of computational thinking and data-related skills in worker retraining efforts, given AI's reliance on data.

Critics argue that the $50 million allocation falls short of the resources needed to address the profound changes AI will bring to the job market. Valerio De Stefano from York University suggests exploring forms of unconditional income support like basic income and proposing contributions from AI companies and profit-increasing employers to mitigate the impact on workers.

The debate underscores the complexities of addressing AI's impact on employment and the need for comprehensive strategies to ensure equitable outcomes for workers in the face of technological advancements.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

You may also like

Samsung Drops Ultra-Slim S25 Edge as Apple Readies iPhone 17 Air

In a surprise move, Samsung has launched a new, sleeker version of its popular S25 smartphone—called the Galaxy S25 Edge.....

Texas Secures $1.4B Settlement From Google In Major Privacy Lawsuit

In a landmark legal victory, Texas has reached a $1.4 billion settlement with Google over claims the tech company secretly....

Nvidia Tones Down H20 Chip for China to Work Around US Ban

Nvidia is planning to release a toned-down version of its H20 artificial intelligence chip to Chinese customers, aiming for a....

Google Stocks Tumble After Apple Testimony Sparks AI Worries

In a major blow to tech giant Google, its parent company Alphabet saw its stock value plummet by more than....

US Moves to blow up Google with proposed teardown of its Digital Ads

The U.S. government is stepping up its fight against Google, aiming to break apart the company’s powerful digital advertising business.....

OpenAI Drops For-Profit Plans, Keeps Nonprofit in Control

OpenAI, the company behind ChatGPT, has decided not to shift to a fully for-profit model after months of debate and....

New Clue to Cosmic Gold Found in Magnetar Starquakes

A recent discovery may have brought scientists one step closer to solving a long-standing mystery: where does gold come from....

Meta Launches Personal AI App to Rival Chatgpt

Meta has stepped into the AI spotlight with the launch of its first standalone artificial intelligence app, designed to compete....

Amazon's First Internet Satellites Head to Space to Join Global Race

Amazon has officially entered the race for space-based internet. On Monday, it launched its first group of internet satellites into....

Alphabet climbs as AI bets drive ad strength, quelling market fears

Alphabet, the parent company of Google, saw its shares rise nearly 4% on Friday after it posted strong quarterly results.....

EV Interest Dips Among Canadians for Third Year Straight

A recent AutoTrader survey reveals that interest in electric vehicles (EVs) among Canadians is steadily declining, despite a noticeable drop....

Nations Boost Digital Defences as Cyber Threats Grow

In a troubling sign of the times, hackers backed by Russia’s government infiltrated a water facility in the small Texas....