Wednesday, 23 August 2023

New UNB research institute focuses on fast-growing artificial intelligence

 

New UNB research institute focuses on fast-growing artificial intelligence

UNB will collaborate with Université de Moncton which also has an AI centre

The university has announced a new Research Institute in Data Science and Artificial Intelligence which will bring together faculty members from across disciplines at UNB to work collaboratively on AI and data science research.

The institute will also be working with the artificial intelligence centre at Université de Moncton.

Frank McKenna, former New Brunswick premier and benefactor for the McKenna Institute at UNB, said he started prodding the university two years ago about creating AI capability.

What used to be the exception now has become the rule.
— Erin Barrett, Eigen Innovations CEO

He said the academic portion of the AI work will take place within the research institute, and the McKenna Institute, which he said helped raise money for the new institute, will have the job of ensuring that it gets into the hands of business people across New Brunswick. 

"Literally every company now is going to be powered by AI. Generative AI is the most transformational technology we've seen, literally since the printing press," he said.

"It means existing companies will be more efficient. It could be in an Irving sawmill, it could be on a production line at McCain Foods, it could be in a chocolate factory."

When it comes to working with the business community, McKenna said that might look like students and professors working within businesses or doing webinars for businesses about the importance of AI.

A woman speaking into a microphone while standing at a podium Erin Barrett, CEO of Fredericton-based Eigen Innovations, said the next three to five years will likely see businesses challenged as competitive organizations within their market if they don’t figure out how to adopt AI technology into their practices. (Hannah Rudderham/CBC)

McKenna said the success of this venture will be measured by how far they are able to take the academic research and introduce it into the business community.

Along with business benefits, McKenna also sees AI as an opportunity to advance "real life solutions," like with health care. He believes AI is going to contribute to finding vaccines more quickly, making drug therapies more effective and increasing data to manage the health needs of individuals.

Will AI keep businesses competitive?

Erin Barrett is the CEO of Eigen Innovations, a Fredericton-based company that has helped manufacturers around the world implement AI technology.

She said when it comes to the future of AI, the next three to five years will likely see businesses challenged as competitive organizations within their market if they don't figure out how to adopt AI technology into their practices.

"What used to be the exception now has become the rule," she said.

McKenna also said he doesn't believe businesses will be able to remain competitive without incorporating AI. He thinks AI technology will allow smaller regions like New Brunswick to compete with the rest of the world. 

"For good or for bad, we are living in a world now where AI is going to be part of our everyday functions," he said.

ABOUT THE AUTHOR


Hannah Rudderham is a reporter with CBC New Brunswick. She grew up in Cape Breton, N.S., and moved to Fredericton in 2018. You can send story tips to hannah.rudderham@cbc.ca.

 
 
 
 7 Comment
 
 
 
David Amos
Oh My Trust that I love the irony of it all 
 
 
 
Dan Lee 
take my word…..is a clear sign of oh oh
 
 
David Amos
Reply to Dan Lee
Uh-huh 




Benny Swim 
The three businesses he mentions need no help from government (although they get lots) or academia. They will buy what they need. Too bad that he is not thinking about helping existing small and medium sized businesses or attracting new ones.

I'm sure UNB is happy that he says they had not thought about AI until Frank mentioned it to them, then it took him 2 years of prodding them before they did something in the field.

We'd all be lost out here in the wilderness without Frank.

From my point of view it'd be great if McKenna just stayed in his home in the Forest Hills area of Toronto (nothing for under $10 million, not even a condo or maybe $15)and left us to our own devices.

 
Graham McCormack 
Reply to Benny Swim  
Glad there are many people who don't think like you.
 
 
David Amos
Reply to Graham McCormack 
What of the legions of folks who do? 
 
 
 
 
 
 

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