Like it or not, GenAI is here to stay regardless of whether it is even successful. Hint: I'm not a fan of it either.
We do need an AI minister to implement a strategy and laws that will do the following: 1) protect data privacy and copyright of Canadian citizens, 2) implement Canadian data sovereignty, 3) protect Canadians, especially minors, from the incursion of US tech platforms and social media harms, and 4) provide funding and incentives to produce made in Canada AI solutions.
Is the AI bubble about to burst? The hype surrounding AI is eerily reminiscent of the dot.com bubble of the early 2000’s which burst, taking with it vast fortunes which disappeared into the nothingsphere. Sure some of the AI companies are reaching hundreds of billions of dollars in valuation but the bigger they are the harder they fall. It’s becoming apparent there’s a lack of real world revenue streams to support these huge investments.
There is a larger and much more problematic question other than AI or AGI. The question is if Canadians want to be contenders in the future or not. For the past 40-50 years they, being the ruling caste and their paid and bought donkeys in politics, have said no.
In 1964, Japan had running high speed trains in operation; 19-years after WW2, which if we are to be reminded they lost and had all their major cities burnt and two nuclear bombs dropped on them. South Korea sells us microprocessors, electronics, appliances, cars, industrial equipment, while we send them minerals, oil and toothpicks. Again, they were reduced to the stone age after the peninsular war. Taiwan, a former Japanese colony, that the ROC leaders escaped to after the Chinese Civil War, produces 60% of the world's semiconductors. All three are world leaders in electronics, semiconductors, and high end, value enhancing manufacturing.
Canada, which won WW2, and had the 3rd largest Navy and 4th largest air force in 1945, and helped defeat North Korea/China in the Korean War, has nothing in comparison: no semiconductor industry, no appliances sent to Asia, no electronics sent worldwide, and no domestic high-tech industries competing on a global level.
What we have is a 3rd world, resource extractive society, which is constantly falling behind and has no capacity to be offensive in terms of high-tech, innovation, or future technologies, such as biotech, synthetic biology, novel materials, innovative industrial or engineering practices, or being a key node in global supply chains for services. It doesn't matter what AI does, because our leaders are clueless hacks: bankers, lawyers, economists... every useless brain-dead profession that never produced any actual products or services for advancing society.
Look at Australia. The same story. Resource extraction, low economic diversity, and weak global competitiveness on the high tech side.
Both the Conservatives and Liberals are corrupt and incompetent. We have great universities, millions wanting to immigrate here, and sound entrepreneurial people, but are constrained by doorknobs, who push oil, gas, and minerals and get rich quick schemes in housing. No vision; no innovation; no high end skill sets that differentiate us from middle income nations.
Canadians want to be mediocre, because that is safe. Except for today, that is a fatal weakness that lets Mango Mussolini ride Carney and the dimwitted Cons all around the world's stage. We're posed to dump 5% of GDP into the military, but are currently spending 1.7% GDP on R&D. How did being dependent on exporting cars, O&G, and minerals work out? One word: losers.
Get rid of the Liberals, Conservatives, and the NDP, because they are all know-nothing, do-nothing trash monkeys selling us out to foreign states and hostile corporations.
Agree with Scrimshaw. We need to hustle on this one and the protection of Canadian assets is important but building on our talents, building capacity…..build, build build, otherwise we are forever stuck tap dancing on the spot and never really progressing. If we want to make it on our own- a strong and independent Canada- we have to get this right. Go big.
An excellent question. Whether we like it or not the AI genie is indeed out of the bottle. While our government is developing a strategy, companies in the U.S, China, and some European countries are building data centres, and ramping up the vast energy supplies these centres require. Meanwhile in Canada - we are still focused on climate change, and fighting among provinces to kill any new development. Canada is falling behind the world in so many ways, and this is a perfect example.
Yes, to all of this. We all know the press and opposition will start hounding Solomon about this sooner rather than later and they had better have some answers...
Like it or not, GenAI is here to stay regardless of whether it is even successful. Hint: I'm not a fan of it either.
We do need an AI minister to implement a strategy and laws that will do the following: 1) protect data privacy and copyright of Canadian citizens, 2) implement Canadian data sovereignty, 3) protect Canadians, especially minors, from the incursion of US tech platforms and social media harms, and 4) provide funding and incentives to produce made in Canada AI solutions.
Whether Solomon can do this, I have no idea.
Consulting on this rn:
https://ised-isde.canada.ca/site/ai-strategy/en
Is the AI bubble about to burst? The hype surrounding AI is eerily reminiscent of the dot.com bubble of the early 2000’s which burst, taking with it vast fortunes which disappeared into the nothingsphere. Sure some of the AI companies are reaching hundreds of billions of dollars in valuation but the bigger they are the harder they fall. It’s becoming apparent there’s a lack of real world revenue streams to support these huge investments.
There is a larger and much more problematic question other than AI or AGI. The question is if Canadians want to be contenders in the future or not. For the past 40-50 years they, being the ruling caste and their paid and bought donkeys in politics, have said no.
In 1964, Japan had running high speed trains in operation; 19-years after WW2, which if we are to be reminded they lost and had all their major cities burnt and two nuclear bombs dropped on them. South Korea sells us microprocessors, electronics, appliances, cars, industrial equipment, while we send them minerals, oil and toothpicks. Again, they were reduced to the stone age after the peninsular war. Taiwan, a former Japanese colony, that the ROC leaders escaped to after the Chinese Civil War, produces 60% of the world's semiconductors. All three are world leaders in electronics, semiconductors, and high end, value enhancing manufacturing.
Canada, which won WW2, and had the 3rd largest Navy and 4th largest air force in 1945, and helped defeat North Korea/China in the Korean War, has nothing in comparison: no semiconductor industry, no appliances sent to Asia, no electronics sent worldwide, and no domestic high-tech industries competing on a global level.
What we have is a 3rd world, resource extractive society, which is constantly falling behind and has no capacity to be offensive in terms of high-tech, innovation, or future technologies, such as biotech, synthetic biology, novel materials, innovative industrial or engineering practices, or being a key node in global supply chains for services. It doesn't matter what AI does, because our leaders are clueless hacks: bankers, lawyers, economists... every useless brain-dead profession that never produced any actual products or services for advancing society.
Look at Australia. The same story. Resource extraction, low economic diversity, and weak global competitiveness on the high tech side.
Both the Conservatives and Liberals are corrupt and incompetent. We have great universities, millions wanting to immigrate here, and sound entrepreneurial people, but are constrained by doorknobs, who push oil, gas, and minerals and get rich quick schemes in housing. No vision; no innovation; no high end skill sets that differentiate us from middle income nations.
Canadians want to be mediocre, because that is safe. Except for today, that is a fatal weakness that lets Mango Mussolini ride Carney and the dimwitted Cons all around the world's stage. We're posed to dump 5% of GDP into the military, but are currently spending 1.7% GDP on R&D. How did being dependent on exporting cars, O&G, and minerals work out? One word: losers.
Get rid of the Liberals, Conservatives, and the NDP, because they are all know-nothing, do-nothing trash monkeys selling us out to foreign states and hostile corporations.
Agree with Scrimshaw. We need to hustle on this one and the protection of Canadian assets is important but building on our talents, building capacity…..build, build build, otherwise we are forever stuck tap dancing on the spot and never really progressing. If we want to make it on our own- a strong and independent Canada- we have to get this right. Go big.
An excellent question. Whether we like it or not the AI genie is indeed out of the bottle. While our government is developing a strategy, companies in the U.S, China, and some European countries are building data centres, and ramping up the vast energy supplies these centres require. Meanwhile in Canada - we are still focused on climate change, and fighting among provinces to kill any new development. Canada is falling behind the world in so many ways, and this is a perfect example.
Do you have any evidence for your claim that Canada is falling behind in building data centers? Or is it more of a feeling that you have?
Yes, to all of this. We all know the press and opposition will start hounding Solomon about this sooner rather than later and they had better have some answers...
https://open.substack.com/pub/axorc/p/why-trump-really-wants-canada-hint?r=3pc3a1&utm_medium=ios