zlacker

>>wavela+(OP)
When walking around the U of Toronto, I often think that ~10 years ago Ilya was in a lab next to Alex trying to figure things out. I can't believe this new AI wave started there. Ilya, Karpathy, Jimmy Ba, and many more were at the right time when Hinton was there too.

>>snowby+Sx
And none of them build AI companies in Toronto.

I’m Canadian and disappointed at how ineffective we are at building successful companies.

>>izend+Yx
Couldn't a company like that get a huge tax benefit from the SRED program?

>>nighto+jz
The amount of paperwork involved makes it unworkable

>>loopdo+Lz
10B$ says you're wrong.

>>Massiv+nA
There is a vast underestimation of how tedious & time-intensive these tax credit programs are when applying for them. A large company can do so because they can hire the people to solely go after them; A new startup (with a headcount that can fit in one hand) is too busy in actually keeping the business alive to pursue these programs, which often times come with conditions too arbitrary for startups to fulfill.