Canada has taken one more step to study the benefits of artificial intelligence (AI). The Waterloo Artificial Intelligence Institute launches its first AI research lab concentrating on developing AI solutions for healthcare, environmental protection, urban planning, manufacturing, autonomous systems and human-machine interactions. The Waterloo Artificial Intelligence Institute will bring together a group of researchers and businesses to “advance technology and prepare Canada for future economic disruption,” stated the government in a press release. “The institute will connect researchers with businesses,” said the government, indicating that the facility may also serve as a research and development (R&D) center for corporations. One of the main AI research lab is to explore AI solutions for drinking water by recognizing the presence of algae in water samples. According to Ianmartin AI refers to the field of computer science that is focused on enabling technology to perform tasks that are normally done by people. Faster and more powerful computers and the increased availability of immense sets of data have meaningfully increased AI’s capabilities to identify patterns and use that information to reach human-like predictions and insights. Worldwide spending on AI solutions is thought to grow to over $46 billion through 2020 and Canada is preparing to enjoy a bigger piece of that pie thanks to a number of factors that are setting the country apart as a global hub in the field. Professors at the University of Waterloo have indicated that artificial intelligence AI is not just meant to replace people with robots, but to help people do things better and faster. As stated Nearshore Americas “Artificial intelligence is estimated to contribute up to US$15.7 trillion per year to the global economy by 2030; if properly leveraged AI will promote innovation, grow the economy and create thousands of middle-class jobs,” said Navdeep Bains, Minister of Innovation, Science, and Economic Development.