Nick Clegg
π€ SpeakerAppearances Over Time
Podcast Appearances
I mean, listen, by the way, I get the political instinct.
And you want to be able to sit around the cap table and sit around.
But can I just say, you mentioned something earlier, which is something which I'm still wrestling with.
You mentioned DeepMind and Arm.
So these are two amazing British companies.
Demis' company and the company out of Cambridge, of course, basically helped invent the smartphone revolution.
And you say, well, but on the other hand, maybe that's, you know, like ARM is still domiciled here.
Its IP is still here.
Sure, its market is elsewhere, where it receives capital is elsewhere.
But that's because America's a lot bigger than us and is always going to be.
Demis Hassabis.
much to his credit, is still here.
He sold to Google because he couldn't find anyone to give him the compute capacity.
And the reason I say that is not to rehearse all the arguments around that, but we shouldn't only conceive of sovereignty as either you stay only in the UK or you're no longer sovereign.
If you want world-beating companies, we're going to have to accept that we're going to be sharing them with the world.
Yeah.
As they are created.
Well, I think I think to be fair, though, that's maybe why they put some money into exactly what I mean, that would be the argument in favor.
Look, I'm totally open to that.
I probably maybe because I spent 20 years in politics.