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by peoplewindow
2981 days ago
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European countries and companies are less likely to go big or go home in my experience. The USA has the expression, "bet the farm" and American leaders like to use it frequently. I can't think of any European equivalent saying off the top of my head. That results in bigger bets, bigger payouts when they succeed, more capital to invest in even bigger bets, etc. The UK case of DeepMind is a good example. A big bet by British standards - lots of money raised and spent on pure research with no business model to drive it. By British standards that's incredibly brave and/or reckless. Yet a successful gamble, sold for half a billion dollars. But, sold to an American company literally called Alpha bet. |
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