Europe has a significant lead in the number of AI experts compared to the US and China, but the US attracts many of these talents away, leading to a challenging landscape for European startups.
Tech giants like Google and Microsoft are aggressively recruiting AI talent from Europe, creating intense competition for smaller European companies who are struggling to attract and retain skilled engineers.
Founders should evaluate their actual hiring needs and focus on the specific skills mix required for their projects, avoiding the costly mistake of seeking overqualified candidates.
Outsourcing can be a strategic move for startups to quickly augment their teams with experienced talent, providing flexibility and allowing founders to better understand their long-term talent needs.
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