Tariffs, Trade and the AI Stack (The Derby Mill Series ep 04)

The new environment for global trade is dominating discussions in many business sectors, including artificial intelligence. To discuss the implications for global software companies and start-ups, Intrepid Growth Partners co-founders Dr. Mark Machin, Mark Shulgan and Ajay Agrawal arranged a conversation with global trade expert Marc L. Busch, a professor of international business diplomacy at Georgetown University. On the agenda: How may trade conflicts affect technology entrepreneurs and the development of machine learning applications? What can global tech companies do to protect themselves? And what are Prof. Busch’s predictions for how this all plays out? EP 04 HOSTSMarc L. Busch is the Karl F. Landegger Professor of International Business Diplomacy at the Walsh School of Foreign Service, Georgetown University, and a Global Fellow at the Wilson Center’s Wahba Institute for Strategic Competition.Dr. Mark Machin, co-founder and managing partner, Intrepid Growth PartnersMark Shulgan, co-founder and partner, Intrepid Growth PartnersAjay Agrawal, co-founder and partner, Intrepid Growth PartnersLINKSDerby Mill show website: https://insights.intrepidgp.com/podcastMarc L. Busch’s personal website. Follow Marc on X and LinkedInRecent Marc Busch article on how “mode 5 services” can promote U.S. manufacturing without imposing new tariffsDISCUSSION POINTS 00:00 Introductions 03:10 Ajay Agrawal introduces Professor Marc L. Busch 03:54 Busch on the legal bases for tariffs and executive orders09:56 Non-Tariff Barriers and Intellectual Property19:56 Impact on Software and AI Companies26:26 Advice for Canadian and European AI Companies29:16 Stargate, tariffs on semiconductors and subsidies as offsets for harm33:46 Predictions on how this will play out amid political considerations37:04 Potential for retaliation via anti-trust measures40:23 Role of the WTO and International Compliance45:32 Advice for Canadian AI companies53:54 Lighting round: What should Canadian entrepreneurs ask their politicians to do?54:53 How can Canada and the UK prevent a brain drain to US?55:59 What should UK entrepreneurs ask their government to do?56:41 Wrap upDISCLAIMERThe content of this podcast is for informational and educational purposes only and should not be construed as marketing, solicitation, or an offer to buy or sell any securities or investments. The opinions expressed in this video are those of the participants and do not necessarily reflect the views of Intrepid Growth Partners or its affiliates. Any discussion of specific companies, technologies, or industries is for illustrative purposes and does not constitute investment advice. Viewers are encouraged to consult with their own financial, legal, and tax advisors before making any investment decisions. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit insights.intrepidgp.com