Comment by VeejayRampay
3 hours ago
capital and talent is the same in this context
there's no shortage of talent in Europe or France, it's just an issue of available capital
3 hours ago
capital and talent is the same in this context
there's no shortage of talent in Europe or France, it's just an issue of available capital
What I meant was top talent. US is still the top destination for top AI talent in general
A large contingent of the top AI people is French, the Mistral founders worked at Meta and Google before coming back to France. The real issue is capital, French salaries are shit
"there's no shortage of talent in Europe or France, it's just an issue of available capital"
This is more complicated than you paint it. Countries like UAE have enough capital to throw at things and little-to-no taxation, yet they don't attract as much talent as they would like to.
Preexisting centers of excellence like Silicon Valley are attractive for young talented people precisely because a lot of older talented people are already there. The same reason why a young talented painter in 15th century would prefer Florence to some rich, but boring place elsewhere.
You can only really do a meaningful work in a "heavy" field by tightly cooperating with others, and physical proximity still matters.