this post was submitted on 07 Apr 2024
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That sector is already printing money with financiers falling over themselves together a piece.
If there's any chance at all that even a fraction of the jobs threatened by AI are lost to AI then as Canadians are put out of work, private American companies will consume the money that would otherwise be going to Canadian labourers.
Our options are to compete and/or to legislate, but legislating away a technology like AI could very well be a huge economic disadvantage.
If there's any chance that AI will be as disruptive as it looks in the near future, this type of investment is crucial to retain some Canadian control over the Canadian economy, and could very well be a national security risk to do otherwise.
Yes the government needs to do way more for myriad other problems, but this is an important area to focus on as well.
Interesting point. I took the headline as investing in AI rather that investing in AI being in Canada. Cheers.
So no point trying to attract it to Canada, then?