Empowering Canada’s 4th Industrial Revolution
With the expanding presence of technology in all economic sectors, Digital+Data has been booming, almost into a new sector of its own. A few years ago, a major headline dubbed “data [as] the new oil”, identifying it as a virtual renewable resource. Yet, with key developments in the digital realm like cloud computing, AI, 5G, augmented reality, IOT, blockchain and others, the very concept of data has been transformed. Data is now shaped into finished products (data brokers combining multiple data sources into powerful new products), into currency (cryptocurrencies) and into the fabric of civic governance (smart cities).
This white paper highlights ICTC’s perspective on a data economy strategy in an era where a data-driven economy is a global stimulus for fledgling entrepreneurs, and emerging industries to create and commercialize new Intellectual Property (IP) to achieve national, economic, and social aspirations.
By Namir Anani (Published by the Canadian Public Policy journal)
The job market in Canada is undergoing structural transformation brought about by innovative technologies, demographic shifts, globalization, and the rise of the gig economy. Traditional nine-to-five jobs are gradually changing in favour of mobile and on-demand employment. These labour market shifts are heightening the need for Canadians to continuously up-skill and remain marketable in tomorrow’s economy. Although the nature of work is evolving, an early focus on developing new forms of education and self-directed learning will be crucial to prepare Canadians for the future of work. This article discusses the role of public policy, particularly education.