Jim Balsillie
👤 PersonAppearances Over Time
Podcast Appearances
That's a drive-by nothing burger in the most structural change that I talked about happen, where he's been a central... So he's a central actor in attention to intellectual property.
Whether that's a good idea or bad, he's using Ottawa's failed economic logic of the 70s to affect the norm of a green transition or anything else.
Whether that's a good idea or bad, he's using Ottawa's failed economic logic of the 70s to affect the norm of a green transition or anything else.
Whether that's a good idea or bad, he's using Ottawa's failed economic logic of the 70s to affect the norm of a green transition or anything else.
And I'm not making a normative case whether it's a good or bad idea. Well, that's me making the normative claims. He's just... It's going to fail, and it's going to fail in obvious economics. Okay, and what will failure look like? Well, there's a second leg to the failure. Okay. That the most profound force in the history of mankind in economics is the data-driven AI economy.
And I'm not making a normative case whether it's a good or bad idea. Well, that's me making the normative claims. He's just... It's going to fail, and it's going to fail in obvious economics. Okay, and what will failure look like? Well, there's a second leg to the failure. Okay. That the most profound force in the history of mankind in economics is the data-driven AI economy.
And I'm not making a normative case whether it's a good or bad idea. Well, that's me making the normative claims. He's just... It's going to fail, and it's going to fail in obvious economics. Okay, and what will failure look like? Well, there's a second leg to the failure. Okay. That the most profound force in the history of mankind in economics is the data-driven AI economy.
And he has nothing to say of data as a factor of production and input to AI and how we have to own and control that and harness our own AI. He says nothing about it. He has two sentences about be careful about privacy and social media, and that's it. And so if you look at every market, Energy, mining, agriculture, lumber, they're all AI and, excuse me, IP-driven.
And he has nothing to say of data as a factor of production and input to AI and how we have to own and control that and harness our own AI. He says nothing about it. He has two sentences about be careful about privacy and social media, and that's it. And so if you look at every market, Energy, mining, agriculture, lumber, they're all AI and, excuse me, IP-driven.
And he has nothing to say of data as a factor of production and input to AI and how we have to own and control that and harness our own AI. He says nothing about it. He has two sentences about be careful about privacy and social media, and that's it. And so if you look at every market, Energy, mining, agriculture, lumber, they're all AI and, excuse me, IP-driven.
And so he has nothing to say about that. Why are they AI and IP-driven? Well, because the force of it is allowing, I mean, as Schlumberger, who's one of the top 10 AI IP owners in the world, and the large oil, sorry, Halliburton, sorry, but Chambler's A2. The oil is a digital economy that you need digital AI and IP to get it out of the ground, get it refined. Right.
And so he has nothing to say about that. Why are they AI and IP-driven? Well, because the force of it is allowing, I mean, as Schlumberger, who's one of the top 10 AI IP owners in the world, and the large oil, sorry, Halliburton, sorry, but Chambler's A2. The oil is a digital economy that you need digital AI and IP to get it out of the ground, get it refined. Right.
And so he has nothing to say about that. Why are they AI and IP-driven? Well, because the force of it is allowing, I mean, as Schlumberger, who's one of the top 10 AI IP owners in the world, and the large oil, sorry, Halliburton, sorry, but Chambler's A2. The oil is a digital economy that you need digital AI and IP to get it out of the ground, get it refined. Right.
It's like the delivery taxicab business. It became IP-driven. Right, right. The medallion used to be worth $2 million. It went to zero because it's this superstructure of IP and data. And the same applies to, you know, shopping.
It's like the delivery taxicab business. It became IP-driven. Right, right. The medallion used to be worth $2 million. It went to zero because it's this superstructure of IP and data. And the same applies to, you know, shopping.
It's like the delivery taxicab business. It became IP-driven. Right, right. The medallion used to be worth $2 million. It went to zero because it's this superstructure of IP and data. And the same applies to, you know, shopping.
Everywhere. It even transforms the reason. It's horizontal. Right. It's horizontal. And there's no... There's no articulation of that. So it's very important. He defines, he lays out a path that affects us to an adverse outcome because of the dichotomy. And he says nothing about the innovation structure adjustment.
Everywhere. It even transforms the reason. It's horizontal. Right. It's horizontal. And there's no... There's no articulation of that. So it's very important. He defines, he lays out a path that affects us to an adverse outcome because of the dichotomy. And he says nothing about the innovation structure adjustment.
Everywhere. It even transforms the reason. It's horizontal. Right. It's horizontal. And there's no... There's no articulation of that. So it's very important. He defines, he lays out a path that affects us to an adverse outcome because of the dichotomy. And he says nothing about the innovation structure adjustment.
But he uses further 1970s economic analysis that he says, because he very famously said, businessmen are sitting on dead money. It's a very famous expression, he said. And he said that we use shovels instead of excavators, backhoes. He said that, which means we don't invest in technology. So the key is that if you just...