Chris Stokel-Walker
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One had a partially agree, which was another one around how do we deal with the copyright regime in the UK? Because data that we produce is being used to train these AI models and often without any sort of semblance of acceptance of copyright law. Then the other one was about how do we get international talent into the country around kind of
relaxing the visa rules to ensure that we can get the best in the world to come here, which many Brexity people do not like, of course. So there were huge announcements unveiled at the same time as the AI opportunities plan for new bits of infrastructure. Truthfully, lots of these were already in place and in progress before the plan.
relaxing the visa rules to ensure that we can get the best in the world to come here, which many Brexity people do not like, of course. So there were huge announcements unveiled at the same time as the AI opportunities plan for new bits of infrastructure. Truthfully, lots of these were already in place and in progress before the plan.
So we're getting kind of new AI data zones where there will be high-tech clusters of Bits of infrastructure, many of them actually already focused around Oxford, which is where we already see large numbers of AI startups emanating from.
So we're getting kind of new AI data zones where there will be high-tech clusters of Bits of infrastructure, many of them actually already focused around Oxford, which is where we already see large numbers of AI startups emanating from.
Yeah, probably not in time for the next election dish. I think that is one of the issues that they have. And it was one of the things that was really interesting to pick up on in the immediate aftermath of those words that we heard from Keir Starmer.
Yeah, probably not in time for the next election dish. I think that is one of the issues that they have. And it was one of the things that was really interesting to pick up on in the immediate aftermath of those words that we heard from Keir Starmer.
He gave his speech and then obviously opens it up to questions and lobby correspondents from across Westminster then peppered him with questions of, yeah, but there's no money here. And we know there's no money. And You're not going to be able to find the money to do things like improve the NHS, to help social care, to do all of the other things that we need.
He gave his speech and then obviously opens it up to questions and lobby correspondents from across Westminster then peppered him with questions of, yeah, but there's no money here. And we know there's no money. And You're not going to be able to find the money to do things like improve the NHS, to help social care, to do all of the other things that we need.
So why are we spending what little money we do have on this in the hope that in the long term we'll see benefits? I think we will see benefits. Many of... Those who have studied the potential impact of AI see productivity benefits. They see benefits to global GDP, 1.5 percentage points productivity increase in the next decade or so, according to Goldman Sachs and others like them.
So why are we spending what little money we do have on this in the hope that in the long term we'll see benefits? I think we will see benefits. Many of... Those who have studied the potential impact of AI see productivity benefits. They see benefits to global GDP, 1.5 percentage points productivity increase in the next decade or so, according to Goldman Sachs and others like them.
So I think what we will see perhaps is kind of short-term pain a little bit in terms of all of these job displacements and challenges that we'll have and the money that we're going to have to spend in order to get the long-term gain. And I don't know whether or not that will come in time for Keir Starmer to point and say,
So I think what we will see perhaps is kind of short-term pain a little bit in terms of all of these job displacements and challenges that we'll have and the money that we're going to have to spend in order to get the long-term gain. And I don't know whether or not that will come in time for Keir Starmer to point and say,
This AI system that I decided on in January 2025 has magically improved our economy and our society.
This AI system that I decided on in January 2025 has magically improved our economy and our society.
Yeah, I mean, I think it will make it more difficult because we already know that there are... really tough times out there to try and find jobs. And I think that this won't be made any better by AI because the whole premise of AI is that it's going to make us more efficient. And so we need fewer people to do stuff and we need to reskill in order to work with AI.
Yeah, I mean, I think it will make it more difficult because we already know that there are... really tough times out there to try and find jobs. And I think that this won't be made any better by AI because the whole premise of AI is that it's going to make us more efficient. And so we need fewer people to do stuff and we need to reskill in order to work with AI.
I interviewed a guy called Jeffrey Hinton last month. He's commonly called one of the godfathers of AI. He's often asked, as someone who knows more than the average person about AI, what children should be doing, because obviously anxious parents are always worried. And he said, train as a plumber.
I interviewed a guy called Jeffrey Hinton last month. He's commonly called one of the godfathers of AI. He's often asked, as someone who knows more than the average person about AI, what children should be doing, because obviously anxious parents are always worried. And he said, train as a plumber.
So that's kind of the thing that I think we have to bear in mind is those manual labor jobs, I think will be more in demand at the same time as those kind of Traditionally, white-collar jobs will be less in demand. The IMF put out a recent study that said 40% of all jobs worldwide could be affected in some way by AI. Doesn't mean completely replaced, just means changed. But it said 40%.