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leviliebvin | 1 year ago
But how do you accomplish this? Where do you get the money from? Nobody wants to invest in Germany, not even the Germans themselves. So the government tries to jump start investment, but the government is both incompetent and corrupt, so for example the German government bet on Quantum Computing instead of AI. Now the government in investing in AI, but instead of investing in LLMs they are investing in "AI for science" projects, 99% of which are complete deadends. Actually this is a sort of theme. The government funded startups are always doing some sort of "science" based product. For some reason this appeals to the founding agencies because science sounds like a solid investment. But most of these startups are either attacking a problem that is way too improbably of yielding any results, or they are projects that sound good to the uninitiated but are actually fundamentally flawed when you actually dig deep into them (like a lot of AI for science crap).
I think, if there is a way forward, it's for the government to stop trying to be a startup accelerator. They are too incompetent and corrupt for that. Instead, it should be a mediator between foreign investors and local talent. Make it attractive to build in Germany and use local talent to do that. And make sure the local talent gets competitively compensated so they do not emigrate.
ChemSpider|1 year ago
If there would be a magic pill that enabled anyone to learn a new language instantly, that would be the end of the US and UK as major immigration destinations.
leviliebvin|1 year ago
I have met a couple of Americans with 10+YOE who have been imported to Germany with competitive salaries, like 150k€/year. They live in Berlin or Munich, are already partnered up, have a nice nest egg from their years working in the US, and just enjoy being expats on a little adventure.
This is not the typical skilled immigrant experience. If you start with 0YOE in Germany, it's much harder to go anywhere in life. And when you don't already have a well populated nest egg, you start getting anxious about your inability to accumulate savings. And a lot of jobs are unfortunately not in Berlin or Munich. A lot of these skilled immigrants end up in some 20,000 pop town, 1hr away from the nearest mid sized city. And then, if they come from non-western countries and they do not look European enough, that also adds something to the experience.
sshine|1 year ago
In most capacities except for salary.
ofheadit|1 year ago
loa_in_|1 year ago
leviliebvin|1 year ago
For example, you might get a job at a research institute or at government funded startup and gain experience working with cutting edge technologies. The pay is mid, but you don't care because you are gaining experience. Then your contract ends. The private sector cannot make use of your experience. So you have to pivot to programming CRUD webapps or you emigrate, or you get another public sector contract with the corresponding public sector salary.