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Trudeau Unveils $1.8B Plan to Boost AI Sector in Canada
- asdf6969 3y agoSmart people can’t afford to take risks when the english speaking tech industry only exists in cities where a 1 bedroom condo costs $700k. This is a big waste of money
- pirate787 3y agoThe next leg up for Nvidia is sovereign funding for national AI efforts
- verelo 3y agoPaywall link…
- alecsm 3y agohttps://archive.is/0p1bt https://archive.is/0p1bt
- shell_game 3y ago$1.8B for a national AI plan… wow… That will buy 1/5th of the GPUs that Meta bought this year.
- Teever 3y agoWhat's worse is that the Liberals have a tendency to promise money for all sorts of programs and they are very slow to deliver that money to many of them.
- AwaAwa 3y agoAnd yet that money seems to disappear to somewhere. Definitely not in any politician's pocket's since they've been giving themselves raises, every year, for the last few years.
- TriangleEdge 3y agoNot sure how the govt plans to retain talent when said talent can go to the US and get easily paid double or triple the salary.
- bluefirebrand 3y agoFunny enough not everyone wants to live in America just for a paycheck
- asdf6969 3y agoThey do when the alternative is living with parents until marriage
- deleted 3y ago[deleted]
- passwordoops 3y agoAnd taxed less. And get better services (depending on jurisdiction, of course).
- makk 3y agoIndeed. For example, health care outcomes are way better in the US. That’s why Americans live longer than Canadians. But seriously, it’s true that since health care costs aren’t classified as a tax in the US, the taxes in the US appear to be lower.
- TMWNN 3y ago>But seriously, it’s true that since health care costs aren’t classified as a tax in the US, the taxes in the US appear to be lower. At $51,284 the US has the highest household net disposable income per capita in the OECD <http://www.oecdbetterlifeindex.org/countries/united-states/ http://www.oecdbetterlifeindex.org/countries/united-states/>, where "disposable income" <https://web.archive.org/web/20220520114512/http://stats.oecd.org/glossary/detail.asp?ID=46 https://web.archive.org/web/20220520114512/http://stats.oecd...> accounts for both healthcare and government benefits and taxes. Canada is $34,421. <http://www.oecdbetterlifeindex.org/countries/canada/ http://www.oecdbetterlifeindex.org/countries/canada/>
- baron816 3y agoReally all they need to do is build more housing.
- bryanlarsen 3y agoHousing is a provincial responsibility. All Trudeau can do is give the provinces money to spend on housing. And he's given tens of billions. But it's undone when Ford doesn't allow fourplexes etc.
- Teever 3y agoSo tired of seeing this half-baked take that ignores history and policy of several successive federal governments for decades. https://en.wikipedia.org/wiki/Canada_Mortgage_and_Housing_Corporation https://en.wikipedia.org/wiki/Canada_Mortgage_and_Housing_Co... Why is it so difficult for people to acknowledge the failings of the federal government when it comes to housing?
- chaostheory 3y agoProbably because Canada’s central government is weak because it’s a confederation and not a federation. Their provincial governors have more power yet less blame. Another issue is rampant NIMBYism just like the US.
- deleted 3y ago[deleted]
- snapplebobapple 3y agoIt's hard to see incompetence in the guy you like and easy to see incompetence in the guy you don't like. Housing is pretty clearly all levels of government fault. Cities are trapped by nimbies, provinces aren't using their clear power to overrule the cities and stuff massive residential upzoning through, feds are clearly funding rampant house appreciation through easy CMHC money and driving excess demand through a half baked immigration policy that ups the population numbers without enough heed to the skills we actually need to alleviate our problems. I could go on but that's the big picture failure at each level.
- voidfunc 3y agoYou're not going to get top talent in AI unless you pay more than your US counterparts.
- doubled112 3y ago65K in CAD isn’t going to cut it?
- m3kw9 3y agoHire in India
- doubled112 3y agoI don’t know if you have to. At a job not too long ago, we hired an AI/ML guy for that full time and in office. I can't find info I like, but PayScale has 63-110K listed as the salary range for “ Artificial Intelligence (AI) Specialist”. Maybe a better job title in the search makes the numbers better. Everybody leaves Canada for a reason. You go to school, you get a PhD, and you make what you could have managing a McDonalds.
- spxneo 3y agoOh good more ways to bill the taxpayers $10,000 CAD/hr to make a basic mobile app with just enough "AI" sprinkled throughout its API This government just does not learn after ArriveCan and the perils of government led funding outside the military.
- personomas 3y agoExactly. If they really wanted to help the AI sector, it would be to reduce taxes lol. These socialist governments are _crazy_.
- spxneo 3y agoReducing taxes would definitely go a long way in Canada but they decided they want to "appoint" people closer to its political circle via affiliation or perceived affliction (for political ammo against conservatives). It makes no sense that a billionaires/specified groups can "own" salmons in BC, just like it was one billionaire that was "allowed" to own a gaming license. Canadians love to look down on other countries with oligarchs they dont even realize or admit they live in far worse system: housing serfdom + oligarchs
- basil-rash 3y agoOutside the military? Is military spending a beacon of efficiency and results/clam now?
- spxneo 3y agono but the end product is very clear and the only buyer in town knows exactly what they want. sure there are inflated billing/poor efficiencies but at the end of the day, its national security we are talking about here, there's more tolerance there.
- m3kw9 3y agoHow do you know go they will disburse the money?
- motoxpro 3y agoPeople seems to be forgetting that to poach talent, talent has to exist. The only way a US company would even know the person exists is if they were doing amazing work in the respective country, meaning they, by definition, did amazing work in their country (breakthrough, papers, etc) all then pointing to benefit for said country because, again by definition, they haven't left yet. Once that happens, if it happens, the person can choose to go to the US, or not. Not everyone desires to live here, regardless of money. If you believe AI will create a ton of value, 1.8B into developing an ecosystem should get paid back relatively easy over some period of time. Value capture doesn't happen ONLY at the end point.
- gentleman11 3y agoJust wait until all these new companies get acquired by American big tech
- AwaAwa 3y agoUnless they get 'supply managed', to protect the fabric of Canada.
- aborsy 3y ago1.8B isn’t much, given that it can cost 100M to train one large model. Also the more significant issues are the housing crisis, low wages, and poor high tech economy.
- deleted 3y ago[deleted]