Artificial intelligence (AI) involves the simulation of human intelligence through programming machines or creating software to think similar to humans and mimic their actions. In other words, AI research seeks to develop technology that is capable of learning and problem solving the same way that a human would. Though the idea itself can be traced back to antiquity, AI has become increasingly popular in recent years, with ever-evolving applications across many Canadian industries. To this end, read on for IBISWorld's evaluation of how two up-and-coming ventures have the potential to affect the operations of different industries in Canada. In London, ON, a new AI tool called the Chronic Homelessness Artificial Intelligence model (CHAI) analyzes points, such as age, gender, family and shelter history, to assess the chance that a particular individual will become chronically homeless over the next six months.