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Eric Morrow on how banks are using AI

 On this week’s episode of Free Lunch, we sat down with Eric Morrow, managing director of BMO's enterprise data science and AI group, to discuss the use cases of AI in banking.

What to do this weekend

Pro women’s basketball is coming to T.O.

After selling out an exhibition game last year, Toronto has nabbed its very own pro women’s basketball team.

What happened: Toronto is set to be awarded Canada’s first Women’s National Basketball Association (WNBA) team, sources told CBC Sports.

Panama’s accidental prez renews Canadian mining hopes

In an inspiring story for last-minute planners everywhere, José Raúl Mulino won the Panamanian presidential election despite being on the ballot for only two months.

Driving the news: Originally the running mate of Ricardo Martinelli — Panama’s president from 2009 to 2014 — Mulino stepped up after Martinelli was barred from running due to a money laundering conviction. Despite this, Mulino won the race with ~34% of the vote. 

Explain It Like I'm Five: U.S.-China technology restrictions

Both countries have been putting limits on the other’s technology, mostly through import and export restrictions that dictate what U.S. tech companies can send to or accept from China (and vice versa). But it’s also starting to play out on the software front, like a U.S. bill to potentially ban TikTok, or China forcing Apple to pull WhatsApp, Threads, and Signal from the App Store.

Shopify is on shaky ground with investors

Shopify’s president said they are “building a 100-year company,” but investors don’t seem willing to wait that long.

El Niño is (probably) coming to an end

On the docket for this summer: worship the sun, rediscover that you have a personality, and… the weather pattern change you learned about in Grade 8?

Driving the news: After bringing a warmer and drier winter to much of Canada, the El Niño weather event is bidding farewell.

The business of international students

Despite glaring labour shortages in sectors like healthcare, education, and skilled trades, Canada has long favoured business students when granting international student visas. 

Driving the news: A new CBC report details the severity of the mismatch, a problem that the country’s immigration agency has known about since 2018 and was flagged to the feds a year before a cap on student study permits was introduced. This has left large volumes of students coming to Canada to pursue programs with poor labour market outcomes. 

TikTok takes on AI fakes and phonies

Like an angry punk rocker yelling at poseurs, TikTok has a plan to call out all (AI) fakes.

What happened: TikTok is poised to become the first social media platform to automatically label AI-generated images and videos on its app. Over the next few months, permanent digital watermarks will be added to such content, with the aim to expand to audio-only posts.

New grads are struggling to find work

Businesses grappling with the effects of high interest rates are pulling back on hiring, making it tough for new graduates to land jobs, says a recent RBC report
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