Disruptors

Latest Episodes:

Can an Algorithm Be Racist? The Growing Push for Ethical AI Oct 20, 2020

Show notes

From facial recognition software that fails to recognize women and people of colour, to Twitter algorithms which seem to prefer white faces in photo previews, there’s been no shortage of negative headlines about artificial intelligence over the past few months. But whether we like it or not, AI is at work all around us, all the time, and there’s a growing movement to make sure it’s being used in an ethical way.

A new survey from RBC’s world-class artificial intelligence research center, Borealis AI, reveals that most businesses in Canada believe it’s important to implement AI responsibly, but 93% experience barriers in doing so, like cost, time, or lack of understanding. And barely over half of them have someone on the payroll who’s responsible for ethical data and AI practices.

On this episode of RBC Disruptors, host John Stackhouse re-connects with the head of Borealis AI and RBC’s Chief Science Officer, Dr. Foteini Agrafioti, to learn about a new online hub called RESPECT AI, aimed at making open source resource code, tutorials, academic research, and lectures available to the entire AI community. He also sits down for a frank and challenging conversation about the risks and rewards of AI with Ruha Benjamin, a sociologist and an Associate Professor of African American Studies at Princeton, and Saadia Muzaffar, a Canadian entrepreneur, author, and the founder of TechGirls Canada.

Notes:

To learn more about Borealis AI, the work it’s doing, and its new RESPECT AI campaign, you can visit www.borealisai.com. RBC’s Thought Leadership Group has also published a new paper exploring ethical challenges in AI, which can be found at rbc.com/thoughtleadership. Ruha Benjamin’s website features a wide range of research and resources related to her studies on race, justice, and technology. For details on how Saadia Muzafffar’s non-profit organization is breaking down barriers for diversity and equity in science and technology, go to techgirls.ca.

You can hear previous episodes of Disruptors on the subject of artificial intelligence here:

AI for Good: Battling Bias Before it Becomes Irreversible

AI For Good: In Conversation with Foteini Agrafioti

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Apps, Anxiety, and Adolescence: Youth Mental Health in the Age of Covid Oct 13, 2020

Show notes

It was already a challenge, even before the pandemic: helping young people and their families navigate Canada’s complex, fragmented mental health system. But experts say COVID could also serve as a catalyst for much-needed change, an opportunity to make meaningful improvements. Just like the rest of us, young people are spending more time than ever in front of screens; up to 7.5 hours per day, in the case of high school students. But those same apps and social media sites that are taking up more of our days could also be a force for good, as long as we use the right ones, in the right ways.

In honour of World Mental Health Day, this episode of RBC Disruptors delves into the potential risks and rewards of our growing dependence on technology during the pandemic. Host John Stackhouse sits down with two leaders in the field of youth mental health; Doctor Joanna Henderson, clinical psychologist, and director at the Centre for Addiction and Mental Health in Toronto, and Doctor Yuri Quintana, the Chief of the Division of Clinical Informatics at the Beth Israel Deaconess Medical Center and an Assistant Professor of Medicine at Harvard Medical School. He also hears from Shauna MacEachern, the executive director of Frayme, which leads a global network that connects young people with mental health and social services here in Canada and around the world.

Together, they discuss the explosion in the number of health and wellness apps that are available, how those apps can and should be evaluated for effectiveness, and what else needs to happen in order to break down barriers to accessing mental health services in Canada. You’ll also hear about the importance of collaborating with youth, and involving them in the development process, in order to ensure their needs are being met by a system that has historically failed to do so.

To learn more about the organizations mentioned in this episode, and the important work they’re doing, you can visit their websites:

The Centre for Addiction and Mental Health (CAMH)

Beth Israel Deaconess Medical Center

Homewood Research Institute

Frayme: Youth Mental Health Resources

You can read the announcement about RBC’s partnership with HRI to study the effectiveness of mental health apps HERE.

If you or someone you know is in need of mental health support, help is available. Visit the Government of Canada’s

Mental Health Support page for links and phone numbers.

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The SheEO Model: How Female Entrepreneurs Can Lead the Recovery Oct 06, 2020

Show notes

Canadian women entrepreneurs are a dynamic and powerful economic force. After all, women own and operate almost one-third of all firms in Canada, and they start businesses one-and-a-half times more often than men, driving more than 117-billion dollars of economic activity per year. In other words -- if we want full economic recovery, we need to make sure female entrepreneurs are being given the tools they need. In this episode of Disruptors, powered by RBC, John Stackhouse speaks with Vicki Saunders -- founder of SheEO, an organization of "women supporting women-led Ventures working on the world’s to-do list,” about how different funding models and community-based networking can make a difference. He also speaks to Nita Tandon, founder, and CEO of Dalcini Stainless Incorporated, and Chenny Xia, co-founder of Gotcare -- Canada's largest self-directed home care provider, about how women do business differently, and the importance of the triple bottom line.
Some of the great organizations RBC partners with, to support women in business:
SheEO, RBC Canadian Women Entrepreneur Awards, Stand Up Ventures, Fortune’s Most Powerful Women and Dress for Success, and Catalyst.

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8 Ways COVID is Still Disrupting the Economy Sep 29, 2020

Show notes

The past eight months have been an unprecedented time of disruption in Canada. The COVID-19 pandemic has affected everything from how we work, learn, and shop to how we travel, entertain ourselves, and obviously, take care of ourselves when we get sick. Businesses have been forced to adapt almost overnight or close. Entire industries have been forced to pivot, and supply chains around the world have been strained or severed completely.

It’s against that backdrop that the RBC Thought Leadership Team released a document back in May called “8 Ways COVID Will Disrupt the Economy and Transform Every Business,” to give people a little guidance in these tumultuous times. But it’s clear now that the effects of COVID are here for the long-haul, which is why RBC’s experts and analysts have come together again to update their perspectives based on the very latest trends and data.

On this episode of RBC Disruptors, host John Stackhouse discusses the newly-updated report with one of the members of the RBC Thought Leadership Team who helped write it, Strategist Theresa Do. They’ll also hear from special guests, including the CEO of the Toronto Symphony Orchestra, Matthew Loden, Juno Award-winning singer/songwriter Jill Barber, the global head of public relations for Expedia, Nisreene Atassi, and influential sports marketer Mary De Paoli, who also happens to be an Executive Vice President and Chief Marketing Officer at RBC. Join them, for a fascinating exploration of COVID’s ongoing impact on the economy, and on our lives in general.

You can read the full, updated ‘8 Ways’ report here: www.rbc.com/8trends. You’ll also hear John refer to another RBC podcast, the “10 Minute Take.” You can find that episode at thoughtleadership.rbc.com/can-pro-sports-stage-an-epic-comeback/. The Toronto Symphony Orchestra’s COVID-related update is here: www.tso.ca/covid19, and you can listen to Jill Barber’s latest album here: www.jillbarber.com/. Nisreene Atassi is also the host of Expedia’s “Out Travel the System”, which you can find wherever you download podcasts.

RBC Disruptors is created by the RBC Thought Leadership group of RBC, and does not constitute a recommendation for any organization, product, or service. It is produced and recorded by JAR Audio. For more RBC Disruptors content, like and subscribe wherever you get your podcasts, and visit the Thought Leadership page at rbc.com

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How the NEXT Generation of Entrepreneurs Could Kickstart a Wave of Change Sep 22, 2020

Show notes

When others see obstacles, entrepreneurs see opportunities. Nowhere is that more true than the up-and-coming generation of business minds, many fostered through NEXT Canada. The organization gives entrepreneurs a boost through education, mentorship, funding, and access to a strong entrepreneurial network.

In this episode of RBC Disruptors, host John Stackhouse speaks with three members of NEXT’s Class of 2020, who have bold goals for reshaping economic and social systems and the environment - which could have wide-ranging impacts for Canada and the world as a whole. They speak confidently, clearly, and urgently about the imperative for better solutions, right now.

Myra Arshad is the Founder and CEO of ALT TEX, an intriguing B2B sustainable textile solution. It takes paper and food waste and agricultural by-products and converts them into carbon-neutral, biodegradable fabrics.

Natasha Dhayagude is the Co-Founder and CEO of Chinova Bioworks. The company’s focus is revolutionizing the food and preservation process, by developing a natural preservative extracted from the stems of white button mushrooms.

Zach McMahon is the Co-Founder and CEO of LUCID, which is building AI music therapy products. It places music at the centre of not only mood-building, but mental health, thanks in part to AI analysis.

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Cancon and Beyond - How Wattpad Is Becoming a Global Content Destination and Distributor Sep 15, 2020

Show notes

COVID lockdown restrictions have boosted the desire to consume creative content higher than ever. What’s new about this era is where the content is coming from -- a diversity of voices from around the globe, not originally directly linked to traditional publishing firms, production companies, or movie studios.

We explore this phenomenon in this episode of RBC Disruptors by looking into the origin story of Wattpad. As co-founder and CEO Allen Lau tells host John Stackhouse, the company was inspired by the desire for a good app for reading on mobile phones. Now, it’s turned into a content powerhouse, with more than 4 million writers uploading stories in 50 different languages. The most promising are turned into books, T.V. shows, and movies, like The Kissing Booth,After We Collided, and She’s With Me, thanks in part to Wattpad’s custom AI engine.

It’s a global company with global perspectives, but Lau believes it’s also important to represent Canadian perspectives on the world stage. This episode of RBC Disruptorslooks at a whole new viewpoint on Canadian content.

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Genomics and the Bio-Revolution: A roadmap for Canada's economic recovery. Sep 08, 2020

Show notes

It's a branch of molecular biology that humans have been harnessing for centuries, but has come to carry a negative connotation for many Canadians due to concerns about genetically modified organisms: Genomics.

A recent report from the McKinsey Global Institute suggests that as much as 60% of the physical inputs to the global economy could be produced biologically, with potential savings of up to 4 TRILLION dollars per year. And as Canada works to recover from the COVID crisis, bio-manufacturing is also being billed as a massive opportunity to address issues like the supply chain vulnerabilities revealed by pandemic, as well as our reliance on foreign factories.

On this episode of RBC Disruptors, host John Stackhouse sits down with two of the country's top experts on Genomics; Doctor Rob Annan, the President and CEO of Genome Canada, and Doctor Bettina Hamelin, the President and CEO of Ontario Genomics, to learn more about the opportunities presented by the so-called "bio-revolution". He also delves into the regulatory, economic, and ethical barriers that exist, and the risks of being left behind if Canadian entrepreneurs fail to embrace this potentially transformational change.

Show notes:

The McKinsey Global Institute's report on the Bio-Revolution can be found here:

https://www.mckinsey.com/industries/pharmaceuticals-and-medical-products/our-insights/the-bio-revolution-innovations-transforming-economies-societies-and-our-lives

John also references a previous episode of Disruptors featuring Canadian author Alex Lazarow, called "Beyond Silicon Valley: Why We Need a Global Playbook for Innovation," which was originally released on August 4th, 2020.

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Concrete: An unlikely hero in the climate crisis Aug 25, 2020

Show notes

The world is on track to add as many people to cities in the next 40 years as we have in the last 40 centuries. Those new buildings and roads will require a lot of concrete, which historically was an economically and environmentally inefficient building material. However, new innovators are leveraging technology to tackle both of those problems. The challenge they face, though, is around policy and building momentum. Right now, regulations prohibit some concrete manufacturers from innovating, even as more companies are demanding climate action.

Key takeaways:

City and rural dwellers alike are impacted by inefficient concrete and should advocate for the use of climate-friendly building materials.
Climate entrepreneurs like CarbonCure provide solutions that can turn legacy materials into an engine for environmental good.
Canada has all the ecosystem support - talent, knowledge, and global connections - necessary to lead the climate entrepreneurship race. What’s missing is policy action and market signals from governments that climate-friendly building materials should be prioritized.

CONNECT & SUBSCRIBE:

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Disruptors Revisited: The Next Generation of Entrepreneurship Aug 18, 2020

Show notes

Following last week’s International Youth Day, Canadian youth might feel like they have few things to celebrate. As one of the hardest-hit groups in the COVID-induced economic decline, they’re faced with a staggering 30% unemployment rate and potential long-term career setbacks. Youth need support more than ever, and the economy needs them. To rebuild, we need to tap into the energy and creativity of young people to reimagine what’s possible. In this episode, we revisit an RBC Disruptors conversation from September, 2019 with Julia Kirouac and Braden Ream, two 20-something founders who decided to start their own ventures. They share how they dove headfirst into their businesses, while also navigating the barriers of being young entrepreneurs. CONNECT & SUBSCRIBE: • Follow RBC Thought Leadership on LinkedIn • Follow John Stackhouse on LinkedIn • For more insights visit RBC Thought Leadership Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Open Oceans, Open Opportunity: Mapping Canada’s Role in the Blue Economy Aug 11, 2020

Show notes

Oceans provide safety, a way of life, economic sustainability, and food for the entire planet, yet over 80% of the world’s oceans are unmapped and unexplored. Now, we have the tools and technology to empower true ocean discovery. The limited knowledge we have of oceans has already produced trillions of dollars in economic benefit and insight that led to life-saving medications. With data and a renewed focus on building a sustainable future, the world’s oceans can yet again provide an unparalleled opportunity for growth.

Key takeaways:

Everyone is impacted when oceans aren’t cared for as food supplies, shipping industries, and national security depend on healthy oceans.
Entrepreneurs, academics, and investors should collectively focus their creative energies on thinking about the triple bottom line: environment, community, and profit.
This requires working with and learning from Indigenous communities since much of our coastline is cared for by Indigenous peoples.
Canada has the right opportunities and resources to lead in ocean innovation, but what’s missing is a critical mass of advocacy for a sustainable future for oceans.

CONNECT & SUBSCRIBE:

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• For more insights visit RBC Thought Leadership

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