The Rundown 9/5/25: The Battle for AI Supremacy, Canada’s Budget Cuts, and Global Trade Shifts featuring Michael Hyatt
Tank Talks By Ripple Ventures · 2025-09-05 · 41 min
Episode notes
In this episode of Tank Talks, host Matt Cohen is joined by serial entrepreneur and investor Michael Hyatt and prominent Canadian venture capitalist, entrepreneur, and business leader John Ruffolo as they dive into some of the most pressing issues facing Canada and the world today. The conversation begins with a look at the upcoming federal budget, where Michael shares his perspective on the tough choices ahead for Canada's economy, including the potential for significant budget cuts and the challenges of balancing austerity with essential investments. The discussion quickly shifts to the rapidly growing field of artificial intelligence, with Matt, John, and Michael debating the future of AI supremacy. As global tech giants like OpenAI and Google race to dominate the AI market, the team explores how Canada can stay competitive and why the AI boom is not without its risks. With the U.S. and Canada navigating a delicate trade relationship, the episode also delves into the geopolitical shifts that could impact Canada’s role in the global economy.
More from Tank Talks By Ripple Ventures
All episodes →- The Rundown 6/23/26: The AI Hype Machine, Canada’s Capital Gap, and the Return of Hard Tech79 / 100
- Why Canada’s Trading Market is Ready for Disruption with Michael Arbus of moomoo Canada68 / 100
- The Brutal Truth About Hardware Startups and Physical AI with Aidan Madigan-Curtis of Eclipse Capital78 / 100
- The Rundown 6/4/22: Alphabet’s $80B AI Bet, Anthropic’s IPO Push, and the New AI Capital War
- The Rundown 5/25/26: SPACs Are Back: Xanadu, UniUni, and Canada’s Capital Gap