> The problem is that in Canada we're willing to invest a little for a long time. But we're not willing to make big bets.
Element AI.
It's not that the bets are not made, the winnings are captured by those that corrupt the existing system before it's even started, so tney go nowhere. This has been the status quo for so long everyone assumes it is what is happening with every new initiative.
The problem is that in Canada we're willing to invest a little for a long time. But we're not willing to make big bets.
You can raise far more capital in the US than in Canada. So naturally large rewards come to those who are willing to make large bets.