So it is a startup? I expected it in fact from his reply to my concern. In my opinions, to explore the unknown, I think an institute like Mila, led by Yoshua Bengio, would have been more fitting. But Yann LeCun's career and his reply to my rant[1] speak for himself. I wonder how he is going to make money. Aside all my concerns, I wish him the best.
> You're absolutely right. Only large and profitable companies can afford to do actual research. All the historically impactful industry labs (AT&T Bell Labs, IBM Research, Xerox PARC, MSR, etc) were with companies that didn't have to worry about their survival. They stopped funding ambitious research when they started losing their dominant market position.