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blagund | 9 months ago

What does the EU lack? Is it the big corp infra? Or something more fundamental?

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inglor_cz|9 months ago

In my opinion, we lack two things:

a) highly qualified people, even European natives move to Silicon Valley. There is a famous photo of the OpenAI core team with 6 Polish engineers and only 5 American ones;

b) culture of calculated risk when it comes to investment. Here, bankruptcy is an albatross around your neck, both legally and culturally, and is considered a sign of you being fundamentally inept instead of maybe just a misalignment with the market or even bad luck. You'd better succeed on your first try, or your options for funding will evaporate.

dukeyukey|8 months ago

Worth pointing out that DeepMind was founded in London, the HQ is still here, and so is the founder and CEO. I've lived in North London for 8 years now, there are _loads_ of current-and-former DeepMind AI people here. Now that OpenAI, Anthropic, and Mistral have offices here the talent density is just going up.

On risk, we're hardly the Valley, but a failed startup isn't a black mark at all. It's a big plus in most tech circles.

KoolKat23|9 months ago

Big corpo cash and big risk appetite.