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OP-ED - Canada must invest in AI now, before we miss our chance to lose all our money in the bubble crash, by Mark Carney (www.thebeaverton.com)
submitted 1 day ago by to c/theonion@sh.itjust.works
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My fellow Canadians, artificial intelligence (AI) is the next great technological transformation, and the time to go all in is now. That is why I am announcing the Government of Canada’s commitment to making an equity investment of up to $1.6 billion in Cohere, so that when the AI investment bubble pops, probably later this year and likely wiping out trillions of dollars of wealth across the planet, Canadians will also lose incalculable sums of money.

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[–] [S] 15 points 1 day ago (2 children)

I just have one nit to pick with the article:

a company that used to make graphics cards for PC gamers to play Duke Nukem slightly faster

The good Duke Nukem games didn't need a GPU, and ain't nobody buying a new GPU for Duke Nukem Forever.

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    • [–] 9 points 1 day ago (2 children)

    Carney is a businessman, he's cutting Canada's tax bill in future years through tax loss harvesting! Smart!

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    • [–] 6 points 22 hours ago

    Where satire?

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    [–] 5 points 1 day ago

    And hey, at least when the AI bubble pops, we’ll have all these data centres to build a surveillance state to keep all of you from demanding any of your tax dollars back.

    And there is the punch line to how all of this ends for US too.

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    [–] 3 points 1 day ago

    Nearly ate the onion

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