Rory Stewart

Many companies tried, they all failed apart from this one company.

Similarly with TSMC, producing these computers.

The Taiwanese company produces 90% of the Frontier chips.

Again, it's just very hard.

Many companies have failed.

I mean, they have far more bargaining power than they know.

And with the export controls, ASML and the Netherlands, they got really trounced by them.

And they got browbeaten by the United States, to be honest.

But they could.

And it's not just them.

Japan, South Korea, Germany, all play essential parts in the semiconductor industry.

supply chain as well.

I mean, what the UK has is home to talent.

So London is the second most important hub for AI talent outside of San Francisco.

By headcount, it's about a third the size of the, but that's a lot of kind of number of machine learning researchers because Google DeepMind is based in London.

There's also offices from Anthropic and OpenAI.

But in terms of manufacturing, in terms of

Yeah, this role in kind of hard power, the US lags enormously behind.

It could change that if it wanted to, but more recent news, it was going to develop more data centers in the north of England.

That's fallen through as a result of permitting inability to grow energy enough and some copyright reasons too.