O'Leary Sees North American Unity Amid Chinese Technological Surge
Canadian billionaire Kevin O'Leary believes that fear of China's rapid advancements in AI, technology, warfare, and energy production will drive deeper economic integration between the US, Canada, and Mexico. In a recent video on social media platform X (formerly known as Twitter), O'Leary argued that each country brings unique strengths to the table: 'Canada has the energy and critical minerals, the United States has the scale and innovation, and Mexico plays a vital role in the North American economy.'
O'Leary emphasized that cooperation is not just good policy but 'an economic necessity' as the race for AI, energy, and critical infrastructure accelerates. He noted that China's growing technological momentum is making it increasingly difficult for other countries to compete.
The rising Chinese competition has led to a shift in the global AI landscape, with companies like DoorDash, Airbnb, and Siemens adopting cheaper Chinese alternatives to top-tier US AI models. According to a report by The Financial Times, this migration is being fueled by the ballooning cost of using AI caused by a sudden shift from flat-rate subscriptions to usage-based billing.
O'Leary's prediction comes amid growing recognition of China's technological momentum. SpaceX CEO Elon Musk has also warned that China could become the world's AI leader if it manages to secure enough computing power, while American AI labs OpenAI and Anthropic have warned that Chinese rivals are closing the gap.