The Globe and Mail reports in its Saturday edition that Canadian companies are rapidly adopting artificial-intelligence technologies, presenting these changes as wins in AI implementation. The Globe's Vanmala Subramaniam writes that for white-collar workers, the rapid advancement of AI tools is raising concerns about job losses in roles once thought secure. Anecdotal reports are beginning to surface during earnings calls. The Globe reviewed thousands of calls from Toronto Stock Exchange-listed companies for discussions on AI and hiring. At least a dozen have noted employee reductions, hiring freezes or potential downsizing because of AI. In the legal field, for example, tools such as CoCounsel, a generative AI product from Thomson Reuters, can perform research and analysis work that used to be handed off to interns, articling students and entry-level lawyers.
A senior partner at a major Bay Street law firm said that some junior lawyers are struggling to find their place in the firm's hierarchy because senior lawyers are frequently using AI legal tools instead of asking juniors for help. The partner said AI is simply more efficient, as opposed to training a new lawyer in case history or technicalities of the law.
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