3 ms·

Montréal and Toronto have become hubs for AI. That prediction was reasonably accurate. You need to distinguish between which education systems produce people w

by smcin 3y ago

Montréal and Toronto have become hubs for AI. That prediction was reasonably accurate. You need to distinguish between which education systems produce people who innovate, vs which countries' capital markets companies get floated on. Compared to the US, the EU doesn't have any large cohesive stock market. We will soon see how differing national attitudes to strong/weak regulation on AI (vs say data privacy) decide where the investor money goes; just like how national energy and regulatory policy on crypto mining in the last 5 years decided where mining moved to. There's lots of fashionable chatter about AI regulation, but I'm going to predict that there isn't anything like even a weak transnational treaty, meanwhile the 2024(/25) US/UK/Canada elections will see AI-driven exploits pushing the limits. And the UK is now chasing the tail end of the crypto boom with a promise to have weaker regulation. [0] [0]: Prof G Markets: ... Andreessen Horowitz’s London Office https://www.youtube.com/watch?v=cPVQPAb6_Ic&t=25m47s https://www.youtube.com/watch?v=cPVQPAb6_Ic&t=25m47s

908B64B197 3y ago
Montreal yes. Toronto I'm not so sure. Few years ago we acquired something in Montreal related to AI, and it's interesting because when we tried to get the team to relocate to California many weren't interested. A lot of the key personnel ended-up moving, but they still kept a significant presence in the city. Even today, when hiring they'll have engineers indicate early in the process they won't ever move (despite pretty much everyone considered for that office being eligible for an O-1 due to the nature of the work being done there). What's interesting is we opened a satellite location in Toronto and it was a completely different experience. First thing people asked coming into interviews was about relocating to the US and if we could sponsor their visa. The demographics also skewed heavily toward recent immigrants to Canada. The irony was, the Toronto location was opened specifically to house developers that simply couldn't pass the higher bar for US immigration.

by smcin 3y ago

908B64B197 3y ago

Montreal yes. Toronto I'm not so sure. Few years ago we acquired something in Montreal related to AI, and it's interesting because when we tried to get the team to relocate to California many weren't interested. A lot of the key personnel ended-up moving, but they still kept a significant presence in the city. Even today, when hiring they'll have engineers indicate early in the process they won't ever move (despite pretty much everyone considered for that office being eligible for an O-1 due to the nature of the work being done there). What's interesting is we opened a satellite location in Toronto and it was a completely different experience. First thing people asked coming into interviews was about relocating to the US and if we could sponsor their visa. The demographics also skewed heavily toward recent immigrants to Canada. The irony was, the Toronto location was opened specifically to house developers that simply couldn't pass the higher bar for US immigration.