Developing an AI-Driven Labour Market Intelligence and Action Tool for Economic Development and Resilience
Successful local and regional labour markets play a crucial role in economic development. Market gaps can hamper the work of Economic Development officers — for example when company growth is curtailed, or attraction fails because certain essential roles can’t be filled with local workers.
Our Eastern Ontario Leadership Council (EOLC) group is piloting the development of a sophisticated AI-driven labour market information (LMI) platform that will provide timely knowledge and predictions on labour demand and supply as well as suggested actions to address chronic gaps. A special focus is a skills-based approach to re-allocation of labour across sectors in support of post-pandemic recovery and growth. We believe that this “smart” strategic tool will enable policymakers, training development specialists, industry associations and economic developers to respond more quickly and precisely to address the needs of employers, workers and communities. This talk will present the LMI tool and discuss other potential applications of AI to economic development work.
This is joint work with Kathryn Wood, Craig Desjardins and the EOLC.
About the Speaker
Evan Steeg, Ph.D.
Evan Steeg, Ph.D.
Dr. Evan Steeg has over 25 years in innovation as a researcher, inventor, CEO, CTO and consultant. He was among the first to apply AI to pharmaceutical development in the 1990s and built a VC-backed company that sold genomics analysis software worldwide. He has advised Fortune 100 companies, start-ups and the US, Canadian and UAE governments on advanced technologies, innovation and commercialization; and he is currently retained as a special advisor to the Eastern Ontario Leadership Council.
He received his B.A. in Economics and Mathematics at Cornell University, and his Ph.D. in Computer Science at the University of Toronto. Originally from the New York City area, he now happily resides in Kingston, Ontario.