01Technology accelerator in British Columbia
First and foremost. I think the Fraser Valley (I would pick Whalley), could have its own accelerator like Y Combinator that would think GLOBAL which I think is lacking in the Vancouver tech ecosystem (I dabbled in it for 2 years before going to the Bay).
With Trump getting stricter on immigration, and Vancouver’s proximity to SF and even Seattle, I would start a recruiting campaign for the most gifted young talent that wouldn’t necessarily come from the traditional (UBC/WaterLoo/UofT). I’d maybe target genius-winning chess competitions in China or something, or maybe try to poach some of the top MIT grads etc.
The goal is to get the next Andrej Karpathy (UofT grad who could solve a Rubik’s Cube in less than 16 seconds that was the head of AI at Telsa) to want to start his company in the Fraser Valley!! I’d give them support, unlimited plane tickets to SF, community (like the hacker houses in SF), and push them to think big.
6 blocks from my apartment in SF in 2021, 7 co-founders met in a park during COVID to talk about AI – these are the founders of Anthropic. How do we create this effect in the Fraser Valley? I think it’s possible.
Why should the goverment be involved? Because as you likely know, it only takes one home run to careate literally thousands of well-paying jobs and to spawn the next generation of founders to repeat the cycle. High-paying jobs create revenue for the goverment, which pays for hospitals, etc.
02Government as a launchpad
As part of this tech ecosystem from above. Can we create a pathway so that these world-class entrepreneurs we bring in can have better access to provincial resources to help develop and scale global products?
Can we provide access, for example, for these entrepreneurs to build a “government AI-first operating system” with unlimited access to the City of Surrey systems (for example), which can be scaled and made into a product that can sell to the world? Etc etc.
03Transit that builds
Next thing I would look at is giving TransLink the ability to operate more like the MTR in Hong Kong. Probably Translink is the most similiar to MTR in North America, but I would take it further.
Can Translink build malls and towers and create long-term revenue streams that essentially make Translink a profit center? Maybe we need to recruit the top talent from Brookfield and MTR directly, and clear the pathway for these guys to do what they do best.
04A special economic zone
Lastly – can we create a special economic zone like Dubai, Hong Kong, Luxembourg that potentially has no income tax or gets to operate by a completely different set of rules that lets these companies have a cheat code to scale faster and attract unique businesses.
Maybe we take a large piece of land in the Fraser Valley. Maybe this can’t logistically be a piece of land, but instead can be a set of policies that apply to it. Maybe it is a piece of land in the interior and we build them an airport and let them build.
05A different way to build
If we need labor to build these things (special economic zone cities, airports etc), can we bring in temporariy workers making $50/day and give them great healthcare and housing? This is common practice around the world, like in Dubai, but they exploit them; we wouldn’t exploit them but we’d also pay far less than $100/hour.
Can we literally just bring in entire contracting crews from China that have experience building entire airports and let them build on our land? Critics will say you are exploiting – but the reality is nearly every product we use is built like this. Your Arc’teryx jacket was made with $20/day labour in Vietnam; when you call Telus, you’re talking to a $20/day call center worker in the Philippines etc.
Can we take this a step further and use that to build more hospitals, trains, housing etc etc in a much safer and more compassionate way then how these workers are treated in China, Dubai etc.
06What comes next
Alright, I understand this is essentially completely crazy thinking… but so is launching rockets to space for 1/10 the cost of NASA (Thanks Elon!)
And let’s not even forget to mention how AI, robots, etc. are going to create a massive shift in society in the next 5-10 years. Do we want to position ourselves ahead of it now? Or just wait for it to happen and go into panic mode in 5 years when 30% of white-collar jobs are eradicated.
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