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Nick Clegg

πŸ‘€ Speaker
276 total appearances

Appearances Over Time

Podcast Appearances

The Rest Is Money
285. Can Europe escape American tech dependency?

We've now got I'm involved in a venture investment.

The Rest Is Money
285. Can Europe escape American tech dependency?

We've got actually very lively venture scene.

The Rest Is Money
285. Can Europe escape American tech dependency?

You've got a very lively tech startup scene.

The Rest Is Money
285. Can Europe escape American tech dependency?

What we're very bad at, very bad at is scaling stuff up.

The Rest Is Money
285. Can Europe escape American tech dependency?

Yes, I think there are three things we probably need to do.

The Rest Is Money
285. Can Europe escape American tech dependency?

One, if we're not going to build these transformer models from scratch, double down on all what I call the post-LLM innovations likely to happen.

The Rest Is Money
285. Can Europe escape American tech dependency?

The second thing I'd do is...

The Rest Is Money
285. Can Europe escape American tech dependency?

And actually, Tony Blair touched on this in his essay last week or whenever it was.

The Rest Is Money
285. Can Europe escape American tech dependency?

Focus on deployment and adoption of AI.

The Rest Is Money
285. Can Europe escape American tech dependency?

This is a game of scale.

The Rest Is Money
285. Can Europe escape American tech dependency?

The physics of AI is very, very expensive.

The Rest Is Money
285. Can Europe escape American tech dependency?

It's expensive in energy, water, capital.

The Rest Is Money
285. Can Europe escape American tech dependency?

Compute capacity infrastructure you need scale and what we are just too small on our own It's as simple as that if you want to compete with China and America over the next decade We have to find a way without reopening the brexit debates of 2016 to create a tech Single market, but you're right, but you're absolutely right about that.

The Rest Is Money
285. Can Europe escape American tech dependency?

Hugely.

The Rest Is Money
285. Can Europe escape American tech dependency?

And of course, it's just immense.

The Rest Is Money
285. Can Europe escape American tech dependency?

I mean, I find it teeth gnashingly frustrating to see this pretty, I mean, it's not perfect, but pretty good plausible blueprint from Mario Draghi and Enrico Letta.

The Rest Is Money
285. Can Europe escape American tech dependency?

And basically, it's just sort of gathering dust.

The Rest Is Money
285. Can Europe escape American tech dependency?

By the way, movement will come.

The Rest Is Money
285. Can Europe escape American tech dependency?

Well, that I think is actually the several trillion dollar question.

The Rest Is Money
285. Can Europe escape American tech dependency?

My increasing fear is it might only happen after a major fiscal crisis.