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The economy and startup world isn't a zero sum game. Ultimately the AI play* is open source for the foreseeable future, even more so for AMD if they want to se

The economy and startup world isn't a zero sum game. Ultimately the AI play* is open source for the foreseeable future, even more so for AMD if they want to sell their chips. And if Silo AI's people accelerate competition in the AI HW space by accelerating Triton development/ raising the industry's competitive edge against Nvidia, we all benefit from stronger competition. And in most other European startup hot spots, senior staff/ founders with previous exits reinvested their earnings into the domestic startup scene through founding again or becoming Business Angels or going VC. I see this as a huge net win. * EDIT: For integrating with compute, I guess.

627467 2y ago
Actually, it is zero sum. there's finite resources, human talent, and centers for decision making. yeah, European startup gets American money today, and American decision making center grows larger. whether the money paid into Europeans now is used to prop up new generation of startups - in any meaningful way - will remain to be seen. most likely: these senior staff/founders will probably allocate their cash where it is more efficient and I doubt it will be (meaningfully) in europe
- blackhawkC17 2y ago
  Europe’s tech ecosystem will still benefit a lot regardless. Zero-sum thinking is not good- it causes economic regression and poverty in the long run.
- thenaturalist 2y ago
  The fact you're posting this comment in a thread of a press release of the acquisition of a European startup entity is in itself a counterfactual, wouldn't you agree? One of the Cofounders of Silo is ex-Nokia... Should tell you everything about zero-sum games. Sure, the US is the dominant financial and technological economy on the planet and that will not change for the foreseeable future. But implying a globalized, technology enabled economy will behave in a zero-sum fashion is just plain wrong. The US is where it is today because post WWII it geniously recognized the value of free and global trade and invested heavily in its Navy to enable and protect said trade. Instead of making things on your own in the US, you could sit in New York and invest globally - the value of your investment and access to its dividends guaranteed by the power of the US military. Relative value against the status quo is created every day everywhere by millions of smart people. What Europe - and Finland in that example - has is a century old tradition and established infrastructure for high education. That investment will continue to pay off for the foreseeable future.
  - ClumsyPilot 2y ago
    > geniously recognized the value of free and global trade and invested heavily in its Navy to enable and protect said trade This reads like a person taking credit for the sun rising in the east and setting in the west. United States is rich for three reasons: Firstly USA stole textile and other technology from the British empire. Secondly, gen 1 ‘non-free trade’ empires like the British got demolished in the war. All of the world’s industrial nations were in ruins. Third step, the ‘genius’ was the Marshall Plan, was giving reconstruction loans to British and the French that they could only spend on American products - remember their industry was demolished, further stimulating American economy. Global trade grew after 1955 when we invented containerisation. And USA does not really believe in global free trade - that’s for its club of friends. Everyone else gets a sudden 100% solar panel tax or a 100% ev tax when they want to export to US. Or they get a sudden coup if their government wanted to stop exporting bananas to US
    - mistrial9 2y ago
      oversimplified explanations here - great to relieve some hostility perhaps but not complete.. lots of holes in this blanket explanation. History of trade protectionism ? that is older than sailing ships. Yes, the achievements of old Europe include flaming the largest and deadliest wars in world history. The USA benefited from not being destroyed? sure OK.. maybe war is a bad idea for prosperity. Modern trade values might be divided into "oil and gas" and then everything else.. "arms trade" and then everything else.. Big Pharma ? ok you got me, yes the US rules it financially, but then old Europe has some assets like that, but not on front stage.. thinking textile dye chemistry for an example. The USA has no special awards for inventing trade protectionism, just a vigorous practice at the right time due to the idiocy of others. You speak English pretty well.. maybe that language is part of the success here? many other angles easily come to mind...
- singhrac 2y ago
  I’m not sure we agree on what zero sum here means, but one direct consequence of having a decent exit here is that the investors in Silo will get a capital return they can use to raise more funds. I don’t know what the founders of Silo will do, but the investors are in the business of investing, and incrementally the viability of being an AI VC in this area has gone up (depends on the counterfactual but I think cash exit is better than some chance of IPO).
- bee_rider 2y ago
  Don’t European programmers make much less than Americans? I wouldn’t be surprised if they kept a pretty big footprint over there. Big picture the US unemployment rate is quite a bit lower than the EU, so I’m sure any global company is happy to draw from the bigger pool. Finally, benefits can be unbalanced in favor of one entity or another without being zero sum. Even if the US benefits more from this deal, the purchasing company, AMD, still turns sand into extremely valuable electronics. That’s not a zero-sum activity.
  - mistrial9 2y ago
    > US unemployment rate do not believe this number.. it is a manipulated statistic on the front line of old class wars regarding labor versus capital. hint- capital interests know the Federal government very well
- mgfist 2y ago
  You say it's zero-sum then in the next sentence say "whether the money paid into Europeans now is used to prop up new generation of startups - in any meaningful way - will remain to be seen", which surely implies that it's not necessarily zero-sum.
- nl 2y ago
  https://en.wikipedia.org/wiki/Jevons_paradox https://en.wikipedia.org/wiki/Jevons_paradox might be interesting to read.
- xmprt 2y ago
  The world is very much not zero sum and never has been. If it was then we'd be stuck in the stone age because every advancement that benefits one person would hurt the rest. Instead we see that over the course of history the average wealth of the world has gone up. There are certainly some negative intangibles that come from that (eg. climate change or ecosystem collapse) but it's hard to quantify if that makes it zero sum and even so, the context of this thread is about human vs human zero sum games.
  - jltsiren 2y ago
    The world was effectively a zero-sum game until the industrial revolution. For most of human history, the average growth per capita was something like 0.01%/year. There was some growth, but you could not see it in a single lifetime. Which is why conquering your neighbors, taking their possessions, and enslaving them was such a popular form of business.
    - xmprt 2y ago
      I'm not sure I even agree with this. If by conquering your neighbors, your civilization grows 5x (as opposed to just having you + your neighbors), then doesn't that by definition mean it's not zero sum?

627467 2y ago

Actually, it is zero sum. there's finite resources, human talent, and centers for decision making. yeah, European startup gets American money today, and American decision making center grows larger. whether the money paid into Europeans now is used to prop up new generation of startups - in any meaningful way - will remain to be seen. most likely: these senior staff/founders will probably allocate their cash where it is more efficient and I doubt it will be (meaningfully) in europe

blackhawkC17 2y ago
Europe’s tech ecosystem will still benefit a lot regardless. Zero-sum thinking is not good- it causes economic regression and poverty in the long run.
thenaturalist 2y ago
The fact you're posting this comment in a thread of a press release of the acquisition of a European startup entity is in itself a counterfactual, wouldn't you agree? One of the Cofounders of Silo is ex-Nokia... Should tell you everything about zero-sum games. Sure, the US is the dominant financial and technological economy on the planet and that will not change for the foreseeable future. But implying a globalized, technology enabled economy will behave in a zero-sum fashion is just plain wrong. The US is where it is today because post WWII it geniously recognized the value of free and global trade and invested heavily in its Navy to enable and protect said trade. Instead of making things on your own in the US, you could sit in New York and invest globally - the value of your investment and access to its dividends guaranteed by the power of the US military. Relative value against the status quo is created every day everywhere by millions of smart people. What Europe - and Finland in that example - has is a century old tradition and established infrastructure for high education. That investment will continue to pay off for the foreseeable future.
- ClumsyPilot 2y ago
  > geniously recognized the value of free and global trade and invested heavily in its Navy to enable and protect said trade This reads like a person taking credit for the sun rising in the east and setting in the west. United States is rich for three reasons: Firstly USA stole textile and other technology from the British empire. Secondly, gen 1 ‘non-free trade’ empires like the British got demolished in the war. All of the world’s industrial nations were in ruins. Third step, the ‘genius’ was the Marshall Plan, was giving reconstruction loans to British and the French that they could only spend on American products - remember their industry was demolished, further stimulating American economy. Global trade grew after 1955 when we invented containerisation. And USA does not really believe in global free trade - that’s for its club of friends. Everyone else gets a sudden 100% solar panel tax or a 100% ev tax when they want to export to US. Or they get a sudden coup if their government wanted to stop exporting bananas to US
  - mistrial9 2y ago
    oversimplified explanations here - great to relieve some hostility perhaps but not complete.. lots of holes in this blanket explanation. History of trade protectionism ? that is older than sailing ships. Yes, the achievements of old Europe include flaming the largest and deadliest wars in world history. The USA benefited from not being destroyed? sure OK.. maybe war is a bad idea for prosperity. Modern trade values might be divided into "oil and gas" and then everything else.. "arms trade" and then everything else.. Big Pharma ? ok you got me, yes the US rules it financially, but then old Europe has some assets like that, but not on front stage.. thinking textile dye chemistry for an example. The USA has no special awards for inventing trade protectionism, just a vigorous practice at the right time due to the idiocy of others. You speak English pretty well.. maybe that language is part of the success here? many other angles easily come to mind...
singhrac 2y ago
I’m not sure we agree on what zero sum here means, but one direct consequence of having a decent exit here is that the investors in Silo will get a capital return they can use to raise more funds. I don’t know what the founders of Silo will do, but the investors are in the business of investing, and incrementally the viability of being an AI VC in this area has gone up (depends on the counterfactual but I think cash exit is better than some chance of IPO).
bee_rider 2y ago
Don’t European programmers make much less than Americans? I wouldn’t be surprised if they kept a pretty big footprint over there. Big picture the US unemployment rate is quite a bit lower than the EU, so I’m sure any global company is happy to draw from the bigger pool. Finally, benefits can be unbalanced in favor of one entity or another without being zero sum. Even if the US benefits more from this deal, the purchasing company, AMD, still turns sand into extremely valuable electronics. That’s not a zero-sum activity.
- mistrial9 2y ago
  > US unemployment rate do not believe this number.. it is a manipulated statistic on the front line of old class wars regarding labor versus capital. hint- capital interests know the Federal government very well
mgfist 2y ago
You say it's zero-sum then in the next sentence say "whether the money paid into Europeans now is used to prop up new generation of startups - in any meaningful way - will remain to be seen", which surely implies that it's not necessarily zero-sum.
nl 2y ago
https://en.wikipedia.org/wiki/Jevons_paradox https://en.wikipedia.org/wiki/Jevons_paradox might be interesting to read.
xmprt 2y ago
The world is very much not zero sum and never has been. If it was then we'd be stuck in the stone age because every advancement that benefits one person would hurt the rest. Instead we see that over the course of history the average wealth of the world has gone up. There are certainly some negative intangibles that come from that (eg. climate change or ecosystem collapse) but it's hard to quantify if that makes it zero sum and even so, the context of this thread is about human vs human zero sum games.
- jltsiren 2y ago
  The world was effectively a zero-sum game until the industrial revolution. For most of human history, the average growth per capita was something like 0.01%/year. There was some growth, but you could not see it in a single lifetime. Which is why conquering your neighbors, taking their possessions, and enslaving them was such a popular form of business.
  - xmprt 2y ago
    I'm not sure I even agree with this. If by conquering your neighbors, your civilization grows 5x (as opposed to just having you + your neighbors), then doesn't that by definition mean it's not zero sum?