Senator Gold: It’s a big question. As I mentioned in my answer to Senator Coyle, there’s no question that if the Industrial Revolution transformed society in past centuries, the Information Revolution — which began many decades ago — is now proving to potentially be an even more dramatic and fast-paced transformation. With transformations, there are dislocations and changes, and we are seeing that not only in this area but in our economy as the world is beginning a shift from heavy reliance on fossil fuels to other forms of energy.

Senator Gold: It’s a big question. As I mentioned in my answer to Senator Coyle, there’s no question that if the Industrial Revolution transformed society in past centuries, the Information Revolution — which began many decades ago — is now proving to potentially be an even more dramatic and fast-paced transformation. With transformations, there are dislocations and changes, and we are seeing that not only in this area but in our economy as the world is beginning a shift from heavy reliance on fossil fuels to other forms of energy.

The government is actively engaged in this issue around the question of risk, and I have every confidence that the government will also respond to the economic implications of transformations that will surely follow from the expansion of AI into all aspects of our lives.

[Translation]

Senator Cardozo: Let me ask my supplementary question. I will drill down further on one of the issues raised in the paper I mentioned by Shawn Brayman. He points to the estimates that between 400 million and 800 million jobs will be lost across the world in the next short period due to AI. How should we all be preparing for this major change in society? Are you concerned that a massive economic change of this sort can lead to instability and polarization?