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    Home»AI»French AI Startups Thrived Until the Election Changed Everything
    French AI Startups Thrived Until the Election Changed Everything
    AI Politics Tech TZB

    French AI Startups Thrived Until the Election Changed Everything

    By TZBJune 28, 20242 Mins Read
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    ### The Future of​ AI⁢ in France: Navigating Political and‌ Economic Challenges

    #### Macron’s Vision for AI

    French President‌ Emmanuel Macron has long envisioned a thriving, homegrown ‌artificial intelligence (AI) industry. However, the current political climate is causing some concern among tech ‌professionals.

    The AI disruption is coming.

    #### Concerns Among Tech⁢ Professionals

    Some coders from Senegal and​ Morocco are already contemplating leaving France.​ They worry that a far-right government might make it⁤ harder to renew their visas, prompting them to plan their next moves.

    #### Industry’s Political⁣ Leanings

    While many industries are‌ quietly supporting the far-right as a preferable ⁤alternative to the left-wing​ alliance, Jean-Baptiste Babinet, a tech ​industry insider, downplays ⁤the threat from the⁣ New Popular Front. He believes the ‍hard-left is a minority ⁢within the alliance and that most members are Social Democrats who understand ⁤the new economy.

    It’s clear they come ⁢with very old-fashioned economical rules, and therefore they ⁤don’t understand at all the new economy.

    #### Historical Resilience

    Babinet reassures that the tech industry has weathered ⁣political chaos before. ⁣He cites Brexit as an​ example, noting that the ⁤UK remains a preferred ⁤location ⁣for launching generative AI startups, according to an⁢ [Accel report](https://www.accel.com/noteworthy/founder-factory).

    At the ‍end of ​the day, Brexit was not ​so much of‍ a nightmare for the tech scene in the UK.

    #### Optimism ‍Amid Uncertainty

    Stanislas Polu, an OpenAI alumnus who founded the French AI startup Dust, believes the industry ‍has enough ‌momentum to‍ withstand any‌ challenges. He acknowledges that personal​ finances might‌ take a ​hit but remains hopeful that moderate leaders will prevail.

    Some of the outcomes might be ⁣a bit gloomy. It’s always a little bit more complicated to navigate a higher volatility environment. I guess we’re hoping that the more moderate people will govern that country. I think that’s all we can hope for.

    AI France Macron Politics Vision
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    View 3 Comments

    3 Comments

    1. ReflectionRoamer on June 28, 2024 2:36 am

      Did politics sabotage French innovation once again?

      Reply
    2. flora on June 28, 2024 2:36 am

      Well, that’s a plot twist I didn’t see coming!

      Reply
    3. Cove on June 28, 2024 2:36 am

      Wildflower: Did anyone seriously not see that coming?

      Reply
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