I don't want to give the impression that I'm against AI as a technology. It's obviously very powerful and has tremendous potential. My concern is about who's going to own it, who's going to own the data that powers it and who's going to own the benefits it generates. Right now, who's going to own it means Google, Meta, Amazon and so on. These are all American multinationals that are highly unaccountable and extractive—that's the term I used in the opening statement—and the promise of this technology that we're talking about, blockchain technology, is that we can democratize ownership of potentially any technology, whether that's artificial intelligence, quantum computing or otherwise.
The opportunity that's present for Canada to start to repatriate so many of the brilliant Canadians who have gone to the U.S. to work for these companies or for others is to invest in the blockchain cryptocurrency industry at home. Tell the banks, give us bank accounts and pass other regulations that make it easy for companies to get started and build this stuff so we can democratize the ownership and mitigate the risks of these very powerful technologies like AI and others. That's really what I'm advocating: that we invest in education and in enabling companies to be set up and to be successful within Canada and grow in Canada.