Saturday 08 April 2023

Quote of the Day: “The existence of a free market does not of course eliminate the need for government. On the contrary, government is essential both as a forum for determining the ‘rules of the game’ and as an umpire to interpret and enforce the rules decided on.” Milton Friedman

On the Editorial Page today, Sean Strickland, the Executive Director of Canada’s Building Trades Unions (CBTU) has on op-ed where he states that the recent federal: “Budget a winner for trades, climate and country”. Any how many times does he mention the words “deficit” or “debt”. Zero.

On Page A16 (the Business Section, *cough*), Amanda Stephenson from the Canadian Press has an article on Canada’s competitive environment. She outlines a few areas where there is a lack of competition – and offers a few suggestions from various experts. But then she states: “Others say Canada’s restrictions on foreign ownership in some sectors, such as transportation and telecommunications, play a role in limiting choice for consumers, while others put the blame on the supply management system and its role in Canadian agriculture.” Bingo!!!

Also in the Business Section, Navneet Alang tells us that AI won’t lead to human extinction. Well duh!!! As I’ve mentioned before, Artificial Intelligence isn’t intelligent – programmers are. Combining various data points together in some method that makes sense isn’t intelligence. Alang actually has something right for a change. Good last line in his op-ed: “But the doomsaying about AI is as much marketing as anything else – just a lot of chatter about intelligence and minds from some very clever people who appear to have spent too little time thinking about what those things actually are.” Geeeessshhhh…

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