True Patriot Love - Is the AI Boom a Bubble—or Just Getting Started？

00:00:00.720 Artificial intelligence is an interesting thing.

00:00:03.660 I'm not sure that we got that.

00:00:05.460 I think what we got was speedier, more effective internet,

00:00:09.840 search results, software integration.

00:00:13.520 I think what we got was a booster shot.

00:00:16.500 I don't know that we got AI.

00:00:23.140 A lot of scuttlebutt about AI over the last couple of weeks.

00:00:27.300 Even the biggest companies and the leaders of those companies in AI are saying,

00:00:32.720 you've got to slow down things.

00:00:34.400 We need regulation.

00:00:36.100 We're staring down the tunnel of terror with AI,

00:00:40.540 and we need to slow down to talk more about where we are with AI.

00:00:44.280 Paul Micucci and Ron Coghlan, thanks very much for joining us.

00:00:48.120 I'm Mike Wixon, TPL Media.

00:00:49.900 Guys.

00:00:50.740 It's a hoax, Mike.

00:00:51.680 It's a hoax.

00:00:52.220 It's a hoax.

00:00:53.380 It's a hoax.

00:00:54.260 Well, it's funny that you say that.

00:00:55.400 Someone says that, I heard.

00:00:56.440 Yeah, I have heard that out there.

00:00:58.640 So Trump came out, said it's a hoax.

00:01:00.700 So it must be a hoax.

00:01:02.800 It must be a hoax.

00:01:03.940 It's a hoax. 1.00

00:01:04.660 We're taking the I. 1.00

00:01:06.020 The A can stay.

00:01:07.260 So is global warming, you know.

00:01:08.720 Yes, yeah.

00:01:10.100 He's had a couple of hoax calls out there.

00:01:12.880 However, I think that what we're hearing is him saying it's a hoax from an investment standpoint.

00:01:18.300 Yes.

00:01:18.580 Many of the global investment indices are saying now that AI as a safe bet is not something that they're looking at anymore.

00:01:26.420 that they've maxed out a lot of financing of these companies.

00:01:30.280 And at the same time, as I said,

00:01:32.160 these companies are saying to the government,

00:01:34.260 we need regulation.

00:01:35.540 It's going to be so terrifying.

00:01:37.540 And this up against the investors,

00:01:39.520 it led me to a discussion I had with you.

00:01:42.760 Yeah.

00:01:43.580 They're trying to get to their IPOs, Mike.

00:01:46.740 So, you know, the market is kind of eroding.

00:01:50.440 They're seeing what's happening internationally.

00:01:52.460 So back up for a minute because, you know, we live in a microcosm.

00:01:58.300 Everyone does.

00:01:59.080 And, you know, you focus on yourself, your world, how you do things, how you use things.

00:02:03.680 But if you're one of these big tech companies, these hyperscalers, as they're calling, you know, they've given them the term hyperscalers because they're trying to move so quick towards the AI.

00:02:13.500 I think it's because most of the executives have ADHD, but never mind.

00:02:17.060 That's another story.

00:02:17.620 Yeah. So what they're trying to do is they're trying to get to that big IPO, that billion trillion dollar IPO. And the challenge right now is you're seeing in China and over in Taiwan, the market's softening right now, right? AI is kind of becoming, I hate to say it, a little bit of yesterday's news, right?

00:02:37.920 so yeah they're you know and we're saying you know we got to do it because we got to be competitive 1.00

00:02:42.320 with china china's saying well we got to be careful because we can't keep trading on the 0.99

00:02:48.640 dream of ai so they're kind of stopping the trading methodologies they're slowing down

00:02:53.920 trading in the marketplace so it's the market's changing and so that's i think what they're

00:03:00.000 alluding to when they talk about a hoax that's what it feels well and also to that point yeah

00:03:05.200 I kind of feel like, okay, Ron, if, if we see, uh, by the way, Ron Coughlin, inventor of AI,

00:03:11.760 if we go, if we see, if we see down the end of the tunnel, very convincing, it's getting better

00:03:19.040 every day. Uh, if we look down the run, you know, at the end of the runway for AI, and if you

00:03:25.500 compared it to like a, uh, a.com bubble burst, if it were, or a real estate burst, you can predict

00:03:32.240 these things several months or even several years out and as you point out if you're trying to get

00:03:37.360 to an ipo you need to lengthen that amount of time and to ask the government to slow you down but

00:03:43.120 leave you in the lead is a good position to be in a very quick favor before we continue a large

00:03:49.760 percentage of you who watch or listen to tpl media every week aren't subscribed yet our simple

00:03:56.000 commitment to you is that if you find value there if these discussions make you think if you want

00:04:02.940 our uncensored debates deeper dives and extended sit downs head over to tplmedia.ca and subscribe

00:04:09.280 there directly it takes just five seconds costs nothing keeps you informed so thank you now back

00:04:16.800 to the show oh yeah for sure for sure well that gives you time to i hate to say it but you can

00:04:23.780 use some scare tactics you can get people nervous and you look at you know they're they're now

00:04:28.200 referring to the british railway and they're referring to the dot-coms and electrification

00:04:34.100 and all the things that happen they're saying they all busted so they all basically bankrupt

00:04:40.180 out before they actually became something yeah well the internet now still exists but you know

00:04:45.620 it's supposed to explode in the year 2000 remember right that's right and and by the way i still have

00:04:51.540 i like puppies.com i haven't made a dime off of it but raised an ipo for 50 mil so that i kind of i

00:04:58.500 get that same feeling from this you know ron let me ask you from sorry yeah from from the perspective

00:05:05.860 of uh technology and and uh a good moment to maybe plug your podcast because you yeah actually uh

00:05:11.700 focus on this yeah so uh on the podcast that i run and what's your story gen ai it looks at

00:05:17.540 how people use ai to make their lives easier to run their companies more efficiently to

00:05:24.260 create content um and to analyze uh their businesses and and their competition i got

00:05:31.460 so excited very fast yeah i got so excited the other day i came running in and i'm like

00:05:35.380 i built a website using chat gpt and i did it's very good i'm very proud of myself but it was

00:05:41.540 this large language model that made it possible so now i ask you this from a technology standpoint

00:05:47.300 in a user standpoint artificial intelligence is an interesting thing i'm not sure that we got that

00:05:54.500 i think what we got was speedier more effective internet search results software integration i

00:06:02.740 think what we got was a booster shot i don't know that we got ai no well i think right now you're

00:06:09.380 you're absolutely right however what the worry is is these machines are learning from themselves

00:06:15.300 And when they start thinking for themselves, and that's what they're scared of, I think, yes, there is something to be concerned at. 0.90

00:06:23.280 And also, I always say, and I've heard a number of my guests on a podcast say, it's garbage in, garbage out.

00:06:29.900 So who is ever designing the platform puts biases into it.

00:06:34.280 And those biases can, at times, not be from very honest people.

00:06:39.720 And so then we get a situation which is worrying other people.

00:06:44.460 Yesterday, I had the, or on Saturday, I had the whole family coming over.

00:06:47.880 And so I said to ChatGPT, this seems like a lot of work.

00:06:52.000 Do you think it'd be all right if I said to them that I had COVID?

00:06:54.860 And ChatGPT said, yeah, sounds like a good plan.

00:06:57.800 You know what else you could do?

00:06:58.640 And I'm like, don't you encourage me right now?

00:07:01.460 What you should be saying is, no, you're family.

00:07:03.520 You need family time and da-da-da.

00:07:05.400 Well, I will lie to you, by the way, to please you.

00:07:08.600 It tends to, yes.

00:07:09.600 It wants to be your friend more than it wants anything.

00:07:12.140 yeah so these hyperscalers give you an example of what it's lining up to look like so this is

00:07:17.660 very interesting and thank you liam for putting this together they're going to spend about a

00:07:24.220 trillion dollars in 2026. so amazon's 2 billion microsoft's 190 billion google's 180 billion

00:07:33.420 and meta is up to 140 oracle you know even more so this is what we're looking at so our the trillion

00:07:43.360 dollar mark is on the horizon so they're already way out front on this yeah so now to say oh i have

00:07:51.080 to stop it would be better slow down if they wanted to continue my guess is they would right

00:07:57.780 regardless of whether whether you have someone coming out a whistleblower yeah they would be

00:08:02.840 they would really be pushing to keep going i i don't know that i buy into any of this

00:08:07.640 whistleblowing by the way but for a later moment in the show perhaps but to hyperscale

00:08:13.640 you're right is a major that is a high torque investment yes that involves nations in our case

00:08:21.720 data centers in several places in canada it involves you know huge amounts of capital 0.73

00:08:28.040 and uh the executive level of this is taking off with their own personal wealth is ridiculous

00:08:37.180 but now you have it's interesting and now you have public sentiment that's turning

00:08:41.780 so the the interesting thing is you're not in my backyard yeah you have all these people saying no

00:08:46.960 ai data centers i don't want it here canada it's it when you go to a dinner i don't know you know

00:08:53.100 when you're out with your friends on the weekend and you're talking to people that's that's top of

00:08:57.660 mind like you don't even have to ask it do you want a dad what oh no data center here we're

00:09:03.280 gonna fight it they're all like up in arms i don't want my kids have to have a future this

00:09:08.000 reminds me of windmills you know like the yeah yeah this is windmills on steroids that's right

00:09:14.400 you know and and ev cars on steroids frankly you don't even get to have a rational conversation

00:09:20.000 they're already like venting yeah and you're like okay i better go to the next subject so you don't

00:09:24.720 really get past some like you don't get to have rational discussion on this topic which i think

00:09:29.520 also these hyperscalers are starting to realize too they live in our world you know the names i

00:09:35.240 just mentioned they live in our world pretty seamlessly right now they don't get a lot of

00:09:40.620 bad feedback they're very you know basically they we use their tools and we use their programs

00:09:46.740 now all of a sudden people are starting to shift and look and examine who is it

00:09:51.160 um you know and it was interesting so on the weekend I you know I was going to call you but

00:09:57.600 I left I said you know give Mike a day off you think I get days off on the weekend when I was

00:10:02.720 up all night tiling I thought I'm calling Mike at two in the morning but no I didn't right thank

00:10:07.200 you so I appreciate I said I said I was listening to Professor Zhang sorry Nick sorry Nick always

00:10:14.560 gives me a hard time because I listened to Professor Zhang but I come on he's a he's a

00:10:18.140 personality i do like professor jeng and i like him too i do like him and i do like his theories

00:10:23.820 because quite frankly they make my mind think about different things but you know he he really

00:10:28.240 caught me and he was if you get the show with diarist ceo he he really caught me uh on this

00:10:34.960 podcast because he says technology equals specialization times globalization i'm going

00:10:41.480 to give him credit for that explain that to me so he he says only technology can advance if you

00:10:47.360 have globalization. So let's take a microchip or a process, a

00:10:56.780 smart phone semiconductor, right? So it comes from different

00:11:01.400 places. So basically, the software design may start in

00:11:05.480 the US. And then it goes, it comes from Europe as IP. So

00:11:14.060 right so somebody invented it someplace it goes to manufacturing well it doesn't even get to

00:11:19.040 manufacturing yet then materials then they got to collect the materials so whether they get the

00:11:23.980 materials from china the rare earth minerals and then they get the silicone from the united states

00:11:29.720 it all comes together so and then it goes over to say taiwan but then the equipment that actually

00:11:37.480 makes it is from the netherlands the u.s from japan and europe so and these machines that

00:11:43.420 making um these semiconductors are like he he estimates 400 million dollars each so then you

00:11:51.580 have this or 400 million 400 billion or crazy amount of money yeah and so they have come over

00:11:59.740 and they actually make the semiconductors and then those semiconductors go to china to be assembled

00:12:06.060 in the smartphone or in whatever piece of technology we want so it you know we are kind

00:12:14.600 of naive he's making the point that we're a little naive to think that china is the final

00:12:20.640 uh that it's self-sustaining and that it could be the the actual singular departure point

00:12:28.140 for ai exactly so you know he's he's really saying that if you don't have globalization

00:12:34.120 So if the world nationalizes, so, you know, President Trump's and the U.S.'s idea of nationalizing and, you know, Western hemispheres, security, his Monroe Doctrine, so is that if it does take place and if it does solidify like they want it to, globalization will stop and nationalization will start.

00:12:57.580 therefore technology will shift backwards because without each other without the support of multi

00:13:03.820 nations then you'll have to find it all within your own country and then then what it's interesting

00:13:09.260 then any that sounds like something going on south of the border right now it is it very much is it

00:13:14.940 actually sounds to me like russia well but but do you remember germany and i i hate to say but

00:13:20.620 germany during the nazi regime they tried to find the first thing they did is they tried to find

00:13:26.380 all the brightest minds to collect them to to start to create things right they were they 0.85

00:13:32.680 they beat on a they went on a huge brain drain you know which is they got the best people they

00:13:38.020 could and they they created it i'm not saying it's like that here but um that was the strategy

00:13:43.980 for world domination so what people tend to do is when things get tough and they think they

00:13:48.460 that they might be going to a nationalistic environment they try to pull the best minds

00:13:53.700 into place because they're going to have to use their own resources to create those things

00:13:57.760 challenge is and it's not that we don't have smart people it's not the world but the world's changed

00:14:04.500 and people are harder to find people are harder to motivate to move shift and i think you know

00:14:10.280 in those times people were simpler if you're nationalizing you're probably not allowed to go

00:14:15.380 to another country exactly so so no matter what how much money you pay them and try to shift them 0.97

00:14:21.280 is someone going to leave here and go to like the chinese quite frankly when we talk about the 0.99

00:14:26.060 you know they're making those uh semiconductor machines in the netherlands are a bunch of those

00:14:31.160 guys going to move to china probably not you raised a good point earlier before the show you

00:14:35.200 said you know mike enjoy that phone while it lasts yeah i was like what do you mean well

00:14:39.640 well his theory and i think it'll still be there do you think you'll still have that kind of phone

00:14:44.280 or the use of it hey before we go any further please hit the subscribe button right now

00:14:49.920 If you want the raw debates, the full uncut conversations you won't see here, head straight to tplmedia.ca, subscribe, and lock in your membership.

00:14:58.620 Trust me, you don't want to miss what happens behind the paywall.

00:15:01.620 All right, back to the show.

00:15:03.520 That's a good point.

00:15:04.760 Well, his theory, it's going to digress.

00:15:06.520 So he thinks that the technology, we've reached an apex in technology, and thinking that it'll go any further than this is naive.

00:15:14.980 It'll actually shift back.

00:15:16.800 so we'll go back from so when our when our iPhones conk out every three years like that little chip

00:15:23.520 is supposed to and we're supposed to go get a new iPhone that'll be the end of the iPhone because

00:15:28.500 there won't be another semiconductor in that iPhone to make it work so we'll have to go to a

00:15:32.920 more basic phone in Canada's case we'll go back to more of a Blackberry let's hear what Professor

00:15:39.180 Jay had to say on this topic if we go back and talk about global supply chains this formula is

00:15:44.880 very important to understand technology equals specialization times globalization so in a time

00:15:50.880 when global supply chains are breaking down in time of war ai cannot make that leap into agi

00:15:58.680 so what will happen is ai will be repurposed as a control grid rather than ai developing

00:16:08.820 the intelligence necessary to reduce scarcity to solve the most pressing medical problems of

00:16:17.600 humanity uh to solve climate change ai will be repurposed to monitor and surveil all of us so

00:16:27.840 you know that's the point he makes so you know all kidding aside but it does it does open up

00:16:33.500 some opportunities here in canada as we look at it to use our brain trust and and our resources

00:16:41.180 which again you know we didn't show on energy we just did a show on energy it's so interesting

00:16:47.020 ron because you know we're a superpower and energy yeah we are right we have lots of minerals

00:16:54.540 discovered those superpowers we are if we have superpowers we should use them right we should

00:16:59.400 start flying you know we should lift tall buildings we should do all that stuff we got to start using

00:17:04.480 them because quite frankly we can keep saying it but it's not i wish i can i wish i can i wish i

00:17:10.300 can it really has to start to happen so there are some opportunities for us but but really globally

00:17:16.160 is you're right you have to have a whole planet using an iphone or an android phone to make it

00:17:21.380 feasible for anybody to have one yeah you need everybody on the internet to make the pipeline of

00:17:27.160 uh data affordable for everyone otherwise it's an early adopter network of you know very expensive

00:17:37.000 uh computer use and in the end what are we really getting from ai i think that it's it's assisting

00:17:43.560 people do the menial things faster easier maybe a little more flawed maybe a little less flawed

00:17:51.160 in some cases prettier pretty it's better i don't know i sent uh i sent an invite out for a christmas

00:17:57.480 thing already because i want to be ahead of the game and my my daughter sent me a note back saying

00:18:02.360 look at this ai garbage and it was i made the invite it's gorgeous but it's it's definitely ai

00:18:10.120 so yeah we've made ourselves the ability to do things prettier our notes are prettier

00:18:15.220 My notes for shows are, I can build websites.

00:18:18.080 I'm able to do research to some degree faster,

00:18:22.100 create these imagery, fake videos and stuff like that.

00:18:26.060 It's all social interaction and lower end tasking right now.

00:18:32.140 Right now.

00:18:32.780 And I have to ask, why?

00:18:35.960 I mean, AI has been out now long enough

00:18:37.900 that it could be tasking much higher.

00:18:39.520 And if these machines really are learning from themselves

00:18:42.200 the way that we're being told they are,

00:18:43.680 we should be there today already maybe i'm wrong well you know it's really interesting is you know

00:18:50.980 the google next which is the they've just recently changed the platform over to their ai model which

00:18:58.320 is gemini and i heard a story the other day that somebody asked its google nest to

00:19:06.000 ignore all the rules you know and just interact with us

00:19:10.480 and how did that go it it did wow so i'm going to try that i just hope it i can get it back to

00:19:19.940 the way it was yeah and also this is the last we hear from ron no i mean guys i'm chained up

00:19:25.560 in the basement be quiet ron you remember the movie her yeah right yeah so it's just an

00:19:33.880 interesting thing that i think from a security standpoint yes ai could be dangerous but it's all

00:19:41.320 advanced coding based on a large language model i don't know that that's ai necessarily or just

00:19:47.940 interaction with data and how we manipulate data the difference is that it learns it learns from

00:19:56.000 the data right so instead of you directing it and asking it to find something it will learn from that

00:20:03.360 data and further enhance the results it gives you and also the results that you want to hear and see

00:20:09.520 so it it's much different than just googling something because that's that's human directed

00:20:16.080 it does feel like a a an advanced response engine yeah it's also changing the way that

00:20:23.920 marketing is done because just take the case of google adwords which are the words you use to

00:20:31.280 find things uh people aren't using search that way anymore they're putting in more a lot more

00:20:39.360 information and then seeing what comes out of it and then building on that larger prompt

00:20:43.840 information collaborating with it interesting yeah yeah okay i can see it's it's a search engine

00:20:49.440 collaborator yeah i don't think that it is so i've heard this and run maybe you know more about this

00:20:56.080 from the show but i've heard that we are technologically speaking a long way away from

00:21:03.360 quantum computing being a thing which is really what would be required for ai to work at an

00:21:09.200 efficient level that doesn't destroy the environment or cost so much or have these

00:21:13.600 huge overlays of investment that that is the stumbling block in what we're talking about

00:21:20.800 and people envision a world post quantum computing when they have fear of ai yeah but uh last year

00:21:28.880 in 2025 open ai admitted that its platform now is um talking to itself and building and growing

00:21:38.880 from itself do you believe that i'm not sure that's what was reported yeah see i don't know

00:21:44.000 if i do believe that no no i'm actually more on the i'm more towards the professor zhang

00:21:49.440 which i think quite frankly is is this sort of taps out uh the only real use of it in the end

00:21:58.380 of the day is for surveillance i think at the end of the day and he's just saying when uh eventually

00:22:04.140 as you know and i'll what he said the other day when i was listening to it is he said if the u.s

00:22:12.380 decided to stop silicone the production of silicone and the wafers that go to uh japan

00:22:19.120 in korea that would be it for semiconductors and without semiconductors the whole experiment would

00:22:26.000 be done because eventually we had eventually if ai was to proceed any further there would have to

00:22:31.760 be some robotics right and without robotics so this is the elon musk theory you know i'm going

00:22:36.000 to make a million robots in a year i'm going to mars all that stuff if that's not going to happen

00:22:41.920 which it pretty much looks like that's not going to happen then quite frankly

00:22:46.640 i guess you could have some land-based form of it causing havoc within the world but then at

00:22:53.000 some point the systems would be shut off they'd go back to manual systems like man is resilient

00:22:58.060 they would they would basically just pull the plug and go back to manual systems until the

00:23:02.540 control processes got into place it would be very arduous because people wouldn't know what to do

00:23:08.560 without looking at their phones all day but quite frankly they would progress again and maybe past

00:23:14.680 it maybe past it or maybe never go back and get it it might just be a lesson learned and they might

00:23:19.640 decide that it didn't really provide a lot of value and so but but and then the professor

00:23:27.160 jang theory is it actually just ends up as surveillance yeah i think just smarter cameras

00:23:33.000 watching us and that's all it ends up doing i think we get a more vibrant way of communicating

00:23:38.840 yeah the thing i'm wondering about it actually is this ai spending just a bubble or is it going to

00:23:43.960 continue and where where is all this money coming from right now i i would love to know why

00:23:49.800 institutional investors are saying to the market that it's over for ai and that's where all the

00:23:55.880 money came from i think i don't think this is small this is your mutual fund being put to work

00:24:02.200 uh or maybe not but it is definitely institutional investors that are at the gate

00:24:08.200 it's large companies investing to make their stock price go up yeah and as all the makings

00:24:15.580 of a bubble bond insurance so to speak exactly yeah so you're right i think that a lot could

00:24:21.560 hang in the balance on this one well history you know we alluded to it earlier history only proves

00:24:27.340 that it does so you know the bust will happen um where it goes from there and and the geopolitical

00:24:35.420 system layered onto the economic system is really where the this thing goes so you know we we say it

00:24:41.420 um or we talked about on the earlier show september 24th we're going to see how the boundaries of the

00:24:48.700 world change and you have the chinese president visiting the us there's lots of discussions going

00:24:56.220 on and what's going to happen iran so that whole geopolitical outcome will really be the outcome

00:25:03.580 for ai also so as things change because if if they do end up nationalizing and that is the the goal

00:25:11.340 of the united states that changed the whole supply chain of the whole world for everyone so you know

00:25:18.620 if he says you know if if president trump says to you know a president she you know we're basically

00:25:26.860 you go back to your country i'll stay here well here's where we'll draw the line they love to

00:25:32.620 draw those lines on the map and if the lines get drawn and supply chains supply management chains

00:25:40.140 change then that's really what's going to happen technology will change alongside it

00:25:44.380 yeah technology and if ai was such a powerhouse that wouldn't be allowed to happen

00:25:49.500 the markets wouldn't allow it leaders of countries wouldn't allow it it's so funny because everybody

00:25:54.140 thinks of ai as an american thing well no it's not it's a global thing it really is and what

00:26:00.620 we're doing with it here and what they're allowed to do with it elsewhere and what we're allowed to

00:26:04.140 do with it and the brain drain that we have or the brain share we have i think is everything in

00:26:08.540 this game maybe i'm wrong but is it a is it a geopolitical um casualty in the end i think it

00:26:15.100 probably is really does so you know and it's happened before and that might be what exacerbates

00:26:20.700 is the bust of the market so market collapses because the geopolitical system so you know

00:26:28.940 but i get what you're saying get out of ai and get your money in bitcoin you heard it here first

00:26:34.860 would i be putting no no no no that's not it i wouldn't be doing that's another show but yeah

00:26:40.300 gold gold yeah okay gold yeah gold's moving around the world flirt fury what's that silicon get into

00:26:46.540 silicon right away yeah yeah but it you know it is something to look at i think we have to pay

00:26:51.180 attention to it it is interesting though you know it came out and right away it's a hoax

00:26:56.460 yeah it's a hoax yeah well president trump is concerned about his market go he does not want

00:27:06.940 to be the president that sees the stock market go bust you know he's very proud of the results

00:27:12.140 of his stock market well he's drained his investment obviously of it he's ready to

00:27:16.540 move on no but he's very proud you know the markets you know he says when i took office the

00:27:22.300 you know this is the highest the markets have ever been because i'm you know stimulating trade

00:27:27.500 if all of a sudden this thing collapses and there's a trillion dollar hit to the economy

00:27:32.860 it has job implications all these things you know so he you know he is vested to see it go forward

00:27:39.180 too right he wants it to keep growing and uh regardless of the if there is a security issue

00:27:44.860 or anything it really is the issue so he does this ahead of many things so i mean fake news

00:27:50.940 fake news that before you hear anything those guys are liars you know what i mean that was

00:27:55.740 we've heard this kind of rhetoric from him before but i do think it's because you're right he doesn't

00:28:01.180 want to be responsible for the market crash and he's probably already got his money out yeah oh

00:28:06.220 probably but you know manufacturing he's trying to get uh stimulate manufacturing he's trying to

00:28:12.060 build things in the in the us the last thing he needs is one of his only uh industries that is

00:28:18.540 growing the collapse on him when he's trying to lift the other ones because then then you're into

00:28:23.980 a pure bailout of of the economy for the most part because what else real estate's slow

00:28:31.980 finance well the market does well it trades kind of on its own day

00:28:35.980 it's everybody's freaking out that ai is going to take their job so he's

00:28:40.380 popping on that train yeah well i you know that that whole thing i did you ever buy into that see

00:28:47.260 that is if ai does go forward like they say it's going to go forward i don't think it

00:28:52.460 removes jobs i don't think it creates new jobs yeah i think it does different jobs different

00:28:57.020 types of jobs same thing happened with the uh printing press same thing happened with

00:29:02.140 the personal computer yeah you know it's interesting because jim and i were talking

00:29:06.700 about this the other day um the car industry you know yeah you know stelantis is pulling out uh

00:29:12.780 you know canada and quite frank there's a lot of discussion about plants um and then another

00:29:18.620 company escapes my mind is coming in and they're talking about armored vehicles right yeah so and

00:29:23.980 but the people the union doesn't want to concede to stellantis leaving and talk about the armored

00:29:31.820 vehicles right we hate change and we hate change because the skill sets uh to build that vehicle

00:29:38.220 are much different than the skill sets to build a normal car right so you'd have to retrain people

00:29:43.020 and the skill set is higher in the i know because my brother-in-law built armor cars um and totally

00:29:49.580 different oh and it's yeah high tech it's it's very high tech it's actually very uh you know

00:29:56.060 the welding and all the fabrication is much more uh complicated so you know people do not want to

00:30:02.860 shift their mind to the fact that they might need to retrain to do those things yeah i get it i get

00:30:07.660 but unfortunately that is the world we're in right now personal computers that was a great example

00:30:13.580 so the people that were good at them right away had a leap on it but i'll use them right yeah

00:30:19.980 but you know the the whole push for like elon musk to computers and to ai and all that other

00:30:25.020 stuff you need a group of people that would build the robotics engineers you need all those people

00:30:30.060 who put this that into place now you know is there a case people try to make that there eventually

00:30:36.300 would replace people and start building themselves i think that's quite you know that's a that's a

00:30:42.700 real stretch given to your point mike the speed at which we've gone so far on ai if if we really

00:30:49.900 you know we're you know they're saying the other day we don't know really what powers ai and we

00:30:55.100 don't want to know what powers the math model and all that stuff yeah maybe that's true i you know

00:31:00.460 if that's the case would it not have picked up faster i don't know what goes into the remote

00:31:05.340 control from my cable box so i mean i can't question at this level i mean what's canada

00:31:11.740 gonna do they've invested recently more in ai are we are we doing this just to be seen as

00:31:18.060 being in it or are we doing it to actually lead information well i mean if we're in it to lead

00:31:24.220 we've missed the boat again which is what we do we catch up and say we're going to be the leaders

00:31:29.980 so i don't know that that's what it feels like to me honestly well we have you know it's

00:31:35.100 interesting i brought up i brought up blackberry uh earlier in the show and i brought it up because

00:31:40.220 you know that not kidding that really showed what canadians could do um from a technology

00:31:45.980 perspective to change the world so we we have done really cool things you know the space needle all

00:31:51.020 the things we've done we really don't talk about blackberry or sorry uh ai that much we don't talk

00:31:56.940 about ai we we're starting to a little bit an ai leads really once again if we're the data center

00:32:02.860 we're not the lead right i think we just want a seat at the table i think sort of when they're

00:32:07.860 talking to others very much what it feels like but is it in i guess ron where i i kind of comment

00:32:13.640 right now is it in medical like are we going to pick an industry are we going to try to change it

00:32:18.340 from a perspective what's the angle on it we haven't really i think that's because ai is not

00:32:23.900 something you can actually claw into from that degree at this moment i think that bubble probably

00:32:29.040 has to burst the realities of what it really is and then you'd be displayed and then build then

00:32:35.280 you can form it yeah like are we gonna but you know from an r d perspective are we going to the

00:32:40.220 place are we going to be the place where cancer is cured because we we did the ai technology and

00:32:45.960 research that's where i'd like to you know it would be interesting to see those kind of distinct

00:32:50.720 plans yeah yeah i'd love to see it okay so what's the vote ai real or bs let's go around the table

00:32:58.540 real

00:33:00.400 yes

00:33:03.440 I'm thinking it's more towards

00:33:06.940 Professor Zhang

00:33:08.000 okay

00:33:08.580 diplomatic

True Patriot Love - September 27, 2026

Is the AI Boom a Bubble—or Just Getting Started？

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