The Institute for Advancing Prosperity has identified four key means of furthering our goal to make Canada a global leader in modern science and technology and unlock our country's innovative potential. These areas are as follows: Improving Technical Communication, Promoting STEM Literacy, Fostering Social Engagement, and Developing Technology Strategies.
One of the biggest barriers to public understanding of developments in science and technology is the lack of accessible materials for the average citizen. As academic work becomes more complex, miscommunication has grown more rampant. If this is not addressed, the harmful long-term impacts of an ill-informed population will begin to become more prominent. To remedy this, the Institute for Advancing Prosperity work with academics and industry to publish clear and concise research articulating the impacts of emerging technologies.
The Institute for Advancing Prosperity offers workships, available for universities and workplaces, that aim to improve the communications skills of those in Science, Technology, Engineering, or Mathematics fields, in order to limit miscommunication. As the role of traditional media in communication continues to decrease, we believe it is of vital importance that those who are building the future can adequately articulate their visions to policy makers and the public at large.
One of the major struggles for Canadian firms seeking to grow is the availability of human capital. Young people, surrounded be technology constantly, need to be fascinated by the marvels of the modern world, and encouraged to pursue careers in science and technology. This begins not simply with more reading materials on these topics, but activities to promote STEM fields and make them seem appealing to young audiences.
Many students leaving high school today are unaware of the practical translation of the education that they have received. This culture of academic study for 12 years with limited workplace experience lowers the drives of students to become entrepreneurs and business leaders. We aim to work with young entrepreneurs and local school boards to develop conferences and workshops to showcase not only the innovations made by young people, but the means by which young people can start their own companies. The aim of this project is to make entrepreneurship a feasible ambition for high school students, and provide them better guidance on the skills that they should value going forward. This will provide students with greater confidence and trust in their economic future, and foster a culture of innovation throughout Canada.
Rapid advances in Artificial Intelligence, the Internet of Things, and Blockchain technology have led to fears about mass technological unemployment, fears of biased implementation, and even concerns about existential risk. While the transition to a more advanced society will be difficult, the benefits of innovation far outweigh the costs. The cultural discourse surrounding new technologies has born little resemblance to the academic research on the impacts of coming technologies, and the ones, such as Big Data and the Platform Economy, which have already started to transform our lives. To develop the national conversation on the impacts of new technologies and how to best leverage their potential, we want to ensure that a more holistic conversation occurs about the impacts of new technologies, in which their ethical and social ramifications are made clear, and people are engaged in shaping the future.
Of the groundbreaking new technologies being developed today, AI has some of the most severe geopolitical implications. An "AI Race" is underway in which nations are competing to invest in research and commercialisation as to boost national power and competitiveness. The nation that leads in the development and implementation of AI technologies is one that can set global standards, and influence the way that AI is used, for good or ill, going forward. Canada, as a nation with extraordinary human capital and an outsized influence on AI research relative to its population, is well poised to be a global voice for the direction AI deployment takes. With this opportunity and the responsibility that comes along with it, the Institute for Advancing Prosperity is investing in bringing about comprehensive goals and policies for a robust national AI strategy.
Economic growth and prosperity come off the backbone of a nation's ability to capitalise on innovation. This is why work needs to be done to communicate the needs of startups and growing businesses to policy makers, such that they will be free to innovate. Innovation in policy leads to good policy for innovation, with new policy tools like regulatory sandboxes, providing brilliant minds the freedom to experiment uninhibited by burdensome red-tape. Developing clear goals for innovation policy and concrete ideas for policy makers to consider is at the forefront of our priority to advance Canadian prosperity.