Nick Clegg

But let's say you want to swap from Palantir to an Anthropic product.

Never mind one that's based in Bristol or Manchester.

I think it's a legitimate question to ask whether Palantir is making it so sticky.

And the odd thing about Palantir as a company is that they keep saying whenever there's any controversy in British politics, oh, you shouldn't put ideology before politics.

productivity.

And yet, if you listen to their leaders, all they do all the time is put ideology before their products.

Like, make your mind up.

I mean, you know, it was something wrong.

Someone told me the other day, seemed to be very, very well placed in the US.

They said the Pentagon is now quietly saying to US pension funds.

go slow on investing in European weapons and arms manufacturers because they may turn against us one day.

But you're only going to grow the British equivalent of Palantir, back to an earlier conversation, if you have a market scale, which we don't, and crucially, which we can fix, more risk capital at scale, whether it's through VC or whatever, going into...

I think it's a mixture of both.

And it's one of the most predictable things.

When I left Silicon Valley, Silicon Valley was, if you listen to the Marc Andreessen's and David Sachs, they could, the one thing which was utterly foreboding,

in their sort of libertarian world of take the brakes off, don't constrain us, we hate all regulation, was what they call pre-release fetish.

This was like the most vilified idea was that petty, fogging bureaucrats and politicians would have a look at these models before they released.

And guess what we've got now within what is a year and a half or so is that's exactly, and it was totally...

It was totally unsurprising.

I remember saying to people in Silicon Valley when Trump made this great flourish on his first day, I think, or first week as president of scrapping Biden's executive order.