The Jordan B. Peterson Podcast

530. Failure or Success in the Time of Trump | Jim Balsillie

79 snips
Mar 17, 2025
Jim Balsillie, the retired co-founder of BlackBerry, dives into Canada’s economic struggles and its response to intellectual property challenges. He discusses the importance of innovation and effective governance in a rapidly changing digital landscape. Balsillie critiques past economic policies and highlights the need for a strategic approach to leverage Canada’s strengths. His insights on the impact of Trump's policies on Canada-U.S. relations reveal the complexities of maintaining sovereignty while innovating for the future. It's a thought-provoking conversation on navigating the ideas economy.
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INSIGHT

Shift to IP Economy

  • The global economy shifted from producing goods to owning intellectual property (IP) and collecting rent.
  • Canada missed this shift, focusing on production while the U.S. corralled knowledge and IP.
ANECDOTE

Missing IP Attache

  • Jim Balsillie highlights that other countries have dedicated IP attaches in international discussions.
  • Canada, however, lacks such representation, demonstrating its neglect of IP rights.
INSIGHT

Tech vs. Branch Plants

  • Traditional branch plants create positive economic spillovers, while tech companies often exfiltrate IP and data.
  • This difference is crucial, and Canada's branch plant mentality in the tech sector is detrimental.
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