300. Does Burnham get AI?

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The Rest Is Money 40 min 4 speakers 3 chapters transcribed 1 month ago
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How important is AI sovereignty for the UK and where does the episode begin this discussion?

Steph McGovern 0:01
How important is it for us to have AI sovereignty? And what does that mean in reality? That's what we're talking about today. Do entrepreneurs feel less welcome in the UK now than they did a few years ago? Plus, does the government really understand that in order to create and support the next great British businesses, you need to lose some money along the way? But Matt Clifford is a British tech investor who co-founded the startup program Entrepreneurs First. He is also a man with a lot of influence when it comes to UK AI policy, having advised former Prime Minister Keir Starmer and one of the people to set up the first government body dedicated to AI safety. So he's a man who knows a lot about what's going on in the AI world.
Steph McGovern 0:44
This episode is brought to you by Octopus Energy. Greg Jackson, the CEO, is with us now. So Greg, I've got a question for you. Is it true that by 2040 in China, there will be no petrol stations because everyone will be driving electric cars?
Greg Jackson 1:01
Yeah, crazy as it seems, the Chinese state oil company, the one in charge of its petrol stations, is planning on having none by 2040. If you visit China today, what's really striking is the roads. quiet. I mean, all of the two-wheeled vehicles that used to pump out pollution and noise are now electric. Pretty much all the taxis, buses, increasingly more than half the private cars that are sold are now electric. And even this year, so far, 25% of their trucks are electric. So that electrification means that they're going to be less affected by global oil shocks and they won't have any petrol stations.
Steph McGovern 1:40
Greg, thank you very much. Now on with today's episode.
Robert Peston 1:54
Matt, really great to see you. I really wanted to start with where we are now and in particular the dismantling of the Department for Science, Innovation and Technology. When it was first announced, I have to say, I think both of us were a little bit anxious because we were worried that this meant that The new prime minister was downplaying technology and in particular the artificial intelligence agenda. What is your take on what is happening, why they have dismantled it and whether we should be as anxious as we were initially?
Matt Clifford 2:37
Yeah, I think, you know, as you said, I was very concerned when, you know, with rumors about the move started. But, you know, maybe if I start with some of the positives that have come out since and then sort of almost talk a little bit about what I think the tech community would want to see to feel that actually things were in a good place. You know, the good news is, I think, as although, you know, I think it is a real shame to see DeSit dismantled. And I think its achievements in just three years are, I think, pretty extraordinary. You know, I think it is totally fair, as you know, various people in the new government have said. pointed out that actually, in some ways, AI in particular is being elevated now.
Matt Clifford 3:20
So, you know, we have for the first time the AI minister attending cabinet, we have an AI task force in cabinet office, jointly reporting to the prime minister and the cabinet secretary, led by, you know, a senior civil servant who was doing the senior AI role in DCIT. So in terms of the The teams that were built in DCIT, which I think were very, very high caliber, both from internal Whitehall talent and external experts, they're being maintained. They're being moved to different places, but they are being maintained. I think the question that people will still have is just... What do we actually see now in terms of strategy and delivery? So I'm a little bit biased because I wrote the strategy for the previous prime minister, the opportunities action plan.
Matt Clifford 4:07
I think it's a good strategy. I think that said, I'd be the first to say it's two years since I started working on that. Lots has changed in AI. In AI years, two years is forever. And so, you know, I would like to see a recognition that actually in that time, the technology has advanced a huge amount. The politics has changed a lot. The geopolitics has changed a lot.

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