Canada’s tech companies are receiving an increase in interest from U.S. applicants, a new study reports.
The study found that 53% of 55 surveyed tech companies in Toronto experienced an uptick in interest from U.S. applicants in 2017.
The study’s findings correspond with a study conducted last year which also showed a surge in American tech worker’s interest in Canadian employment.
Tech workers in the U.S. are shifting their sights from Silicon Valley to another northern liberal bastion: Canada.
A new study by Canadian tech innovator hub MaRS reported that tech companies in Toronto saw a significant escalation of U.S. applicants in 2017.
The study, which was originally reported by Axios, surveyed 55 tech companies in Toronto and found that more than half had seen an increase in international applicants. Of the international applicants who applied, 82% were from the U.S.
The study’s results correspond with a survey MaRS conducted earlier last year, in which several Toronto-based startups reported newfound interest in their companies from U.S. applicants.
American tech workers could be interested in joining the Canadian workforce for several reasons: Both Toronto and Vancouver are gradually becoming established tech hubs that are attracting international talent. (Last year, Business Insider ranked them in the top 25 most high-tech cities in the world.)
Another factor is of a more political nature: The President’s unfriendly stance on immigration is thought to have sparked renewed interest among Americans in Canadian employment as well.
This article was originally published on Business Insider. Copyright 2018.
Engineers need to use tech to make humans more powerful
James Heppelmann, CEO of PTC, gave the convocation speech to Boston University’s College of Engineering and talks about how engineers can create better machines and tools for humans, rather than just focusing on robots that put humans out of work.
In his convocation speech, Heppelmann focused on the importance of better connecting humans with digital tools and creating tools and machines that don’t just aim to replace humans, but creating machines that will aid humans in their understanding of the digital world.
One of the ways to do this, Heppelmann said, is using AR. In his view, AR will help to alleviate some of the problems caused by the great divide created by automation — where people have been split into two camps: the “haves” and the “have-nots.” The “haves” are the ones who are benefitting from, understanding and creating automation, the “have-nots” are those who are being replaced. Heppelmann said that this imbalance creates an image problem for the tech industry.
— Greg Jones (@GregoryAJones) February 5, 2015
He said that there needs to be a stronger focus on connecting physical, digital and human capabilities because “humans have innovation and creativity” and future engineers and tech industry professionals need to create “new ways to pass digital information onto humans.”
He describes AR as “augmenting god-given human capabilities with a technology overlay,” like one might see in a hearing aid or smart glasses. By giving humans this overlay of digital information, AR becomes “a great equalizer [that] allows people to become smart and connected.”
An example of this would be giving employees in a factory a pair of smart glasses to help the human employee with their productivity.
The Future Of The Factory: How #Technology Is Transforming Manufacturing https://t.co/c0H2QNxOnr @cbinsights#Industry40 #IoT #IIoT #BigData #AI #Robotics #Automation #AR #VR #Blockchain #3Dprinting #Tech@alvinfoo @KaiGrunwitz @robvank @IIoT_World @TopCyberNews @HeinzVHoenen pic.twitter.com/vDyxEfdzk2
— Franco Ronconi (@FrRonconi) May 31, 2018
Heppelmann said that engineers have a responsibility to “elevate [their] focus higher than productivity and cost savings” and spoke about the concept of “the societal engineer,” which is an engineer “who uses digital technology to make humans more powerful.”
“The societal engineer combines quantitative and creative problem solving skills with the ability to communicate effectively with systems-level thinking and global awareness with a passion for innovation and awareness of public policy and a social consciousness and an appreciation for the need to improve the quality of life while creating jobs and economic opportunities.”
Heppelmann ends his convocation speech by asking engineers to take this responsibility seriously and “help create a safer, more sustainable, healthier more productive world with enough food and water and opportunity for all.”
Samsung set to open AI research lab in Cambridge
Tech giant Samsung is opening an AI research lab in Cambridge. The move to do this has been welcomed by British Prime Minister Theresa May, but there’s concern over a mass funneling of graduates out of academic AI research.
This centre joins Samsung’s other AI centres in Moscow and Toronto. The move to build a research lab in Britain, specifically for AI, comes as no surprise following a recent announcement by Prime Minister May’s government.
U.K. spurs AI research
The U.K. government recently announced a USD$400 million investment in AI from corporations and investment firms based in and out of the U.K. In addition, a report from the House of Lords Artificial Intelligence Committee states that while the U.K. can’t outspend leaders like China, they can still become leaders in AI.
BBC reported that the new centre will be lead by professor Andrew Blake, formerly of Microsoft’s research lab in Cambridge and the new Samsung AI lab “could recruit as many as 150 scientists.”
The brain drain
According to the BBC, there’s concern over a funneling of graduates in AI research out of academics and into private sector work:
“A recent study by recruitment specialists Odgers Berndtson found just 225 students in the country were doing post-graduate technology research in specialist areas including AI and machine learning. “In the US, PhD qualified experts can command packages of $300,000 [£223,000]. And in the UK, whilst not yet at that level, salaries are spiralling,” said Mike Drew, head of technology at the headhunting company. A large part of the problem is that industry is picking university departments clean of their talent. A distinguished academic in the AI field confirmed this to me – he said anyone who had done post-graduate research in machine learning could ‘name their price.'”
This isn’t an isolated situation, the same concern was raised when Facebook decided to open new AI labs in Seattle and Pittsburgh, with professors, scholars and researchers from local universities worrying about the future of academic AI research when so many graduates leave for corporate — and greener — pastures.
Talent and diversity to drive this year’s Elevate tech festival
The Elevate Tech festival is only one year old, but after watching this week’s launch event at Shopify’s Toronto HQ, it appears that Canada’s largest tech festival has grown by leaps and bounds.
Elevate will run in Toronto from September 24-27, with 10,000 attendees expected and 250 venues taking part. Notable speakers on this year’s main stage will include Whitney Wolfe Herd, founder of dating app Bumble, and environmentalist and Nobel Peace Prize winner Al Gore.
Celebrating Canada’s talent
This year’s festival will put a big emphasis on talent, one of Canada’s greatest assets when it comes to tech innovation. Elevate is teaming up with Startup Open House, as well as last year’s partners NewCo, to help connect 4,000 students, job-seekers, and young professionals with some of the many great companies driving Canada’s innovation ecosystem.
While last year’s festival made the point of putting Toronto and its tech innovation ecosystem on the global stage, the conversation has broadened for Elevate 2018. Now billed as Canada’s Tech Week, CEO Razor Suleman said the 2018 festival will shed light on Canada’s growing tech landscape as a whole, and even reach out to Canadian expats around the globe, letting them know that things are moving in the right direction back home.
Collaboration, diversity and growing together
For Suleman, the biggest lesson learned from last year’s Elevate, and the biggest opportunity for 2018, is the strength of collaboration that made the festival possible.
“Partnering with the community and being open and collaborative is the best way to create something that we’re all passionate about, and ultimately scale the festival and realize the vision we have,” said Suleman.
Crucial to that collaboration is showing the diverse nature of Canada’s innovation community. Just as at last year’s Elevate, the motto ‘Diversity is our strength’ is key to Canada’s Tech Week. Suleman said that this year’s festival will continue to seek out new ways to reach out to diverse parts of Canada’s innovation community and get them involved.
“This year when we looked at the ten-thousand-person capacity that we have, we broke down the different demographics and wanted to make sure that we got representation. We’re super passionate, as is our parter TD, about involving students. We’ve got the Investor Group coming. We’d love to have more female investors, we’d love to have more women in tech, we’d love to have entrepreneurs that are visible minorities. All of the ecosystem is welcome.”
Between big name speakers, the emphasis on talent and the continued commitment to diversity, Elevate’s 2018 offering is sure to stir creative innovation and collaboration.
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