Rishi Sunak’s Post

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Richmond and Northallerton. Conservatives leader. Former Prime Minister of the United Kingdom 🇬🇧Promoted by Rishi Sunak of Downing St London SW1A 2AA

This has been a superb week for investment in the UK – a huge vote of confidence in our plan. Today CoreWeave – a US AI start up valued at $19 billion – announced a $1 billion investment in data centres in the UK. On Tuesday the biggest investment in a UK AI start-up in history was announced. Over $1 billion into autonomous vehicle start-up Wayve.  On top of that CoreWeave is also establishing its European headquarters in London. And earlier this week top US company Scale AI announced it was doing the same.   They are not the only ones. Microsoft recently announced their AI hub in London. OpenAI, Anthropic, Palantir and Cohere have all chosen to locate their European headquarters here.  We will keep building on this success. This Government is unashamedly optimistic about the power of technology.   The UK is at the cutting edge of applying AI to drive exciting scientific advances.  Work is already underway on an AI model that looks at a single picture of your eyes to predict heart disease, strokes or Parkinson's. When the pioneers say AI could cure cancer, we believe them. Too often regulation can stifle those innovators. We cannot let that happen. Not with potentially the most transformative technology of our time. That’s why we don’t support calls for a blanket ban or pause in AI.   It’s why we are not legislating. It’s also why we are pro-open source.   Open source drives innovation.   It creates start-ups. It creates communities. There must be a very high bar for any restrictions on open source.  But that doesn’t mean we are blind to risks.   We are building the capability to empirically assess the most powerful AI models.   Our groundbreaking AI Safety Institute is attracting top talent from the best AI companies and universities in the world.  While talent is the key ingredient for an AI ecosystem, access to powerful computers necessary to train and experiment with AI is a close second.  That’s why we’re investing £1.5bn into compute.   Our first cluster of 5,000 of Nvidia’s latest AI superchips will go live this summer in Bristol, alongside the new Dawn computer in Cambridge.   We will soon set out how start-ups and academia will access these powerful new supercomputers. All of this progress is part of our plan to grow the economy. The sector is already worth more than £3.7 billion every year and employs over 50,000 people.    We know open source is a recipe for innovation.     That’s why the AI Safety Institute is today open sourcing what it has built.    The code for its Inspect project – a framework for building AI safety evaluations – is now available to anyone to use.   The AI Safety institute will also soon announce plans for an Open Source Open Day bringing together experts to explore how open source tools can improve safety.    This government’s approach is pro innovation, pro AI, pro open source and pro empiricism.   And it’s working.

  • Prime Minister Rishi Sunak and Secretary of State for Science, Innovation and Technology Michelle Donelan during a visit to Wayve's headquarters in London.
Tom Lally

(My views are my own) Snr Designer/Technical Lead/ SME at Diligenta - L&P focussed with many years working with Actuarial & at Board level

1mo

Oh good, were all too poor to eat but AI is all good Mad as a box of frogs

Never heard of Coreweave but if you rejoin the European single market you will give the UK and it's people a 4% growth to GDP. You can achieve a lot with that.. NHS Defence Tax Cuts Etc etc... Lets swallow our pride and forget about those 'easy' trade deals that will be like'taking candy from a baby' and lets be pragmatic.. No one told the British people they would 'all' be poorer as a result of Brexit.

Here are the questions that tge government of Rishi really need to answer  Based on current tax breaks what is the expected value of the tax to be paid by these companies How is the government planning to measure the level of investment (taking into account that actual is often less than the promise) How many actual jobs are bei g created (data centres actually don't need large numbers of staff being heavily automated) and is the government measuring this? Where are the employees coming from, are we sure that we have enough people with the right skills (there is an existing drought of IT personnel in tge UK)? I think when the Govt addresses these issues we might get a view as to how much these companies will actually benefit the UK.

Suchith Anand

Professor of Science Policy at University of Exeter | Senior Adviser to Governments and International Organisations | Scientist | AI and Data Ethics | Governance | Policy | Global Citizen | SDG Volunteer and Advocate

1mo

I humbly request the UK government to share a clear action plan for ensuring the right to quality education opportunities for the 4.2 million children currently living in poverty in the UK. Access to quality education opportunities is a human right. There is a need for focused policies at the UK Government level about equitable education with a binding on Universities and the Higher Education Institutes to comply. Child poverty, education and the postcode lottery https://www.transformingsociety.co.uk/2020/08/19/child-poverty-education-and-the-postcode-lottery/ Poverty: facts and figures Child poverty is high in the UK, and is projected to rise further https://cpag.org.uk/child-poverty/poverty-facts-and-figures Food poverty: Households, food banks and free school meals https://researchbriefings.files.parliament.uk/documents/CBP-9209/CBP-9209.pdf I request the UK Government and all UK universities to provide more full scholarships for students from economically poor families and first generation students (first in family to go to University) in all UK universities. Access to quality education opportunities is key for getting rid of poverty and enabling broadly shared prosperity for all.

Hayden Bland, RCDP

Work and Comms Technology Specialist

1mo

I don't care for either party, but only one party has overseen an unrelenting productivity problem; an injudicious austerity which made it worse; an extraordinarily costly and pointless Brexit that pummelled capital multipliers and sent investment packing; record levels of service delivery grifting and degradation; widespread infrastructure, skills and technology decay; and hitherto unseen housing affordability problems. Things have clearly gone off the rails when the economic challenge is this big, yet the tasks which animate the government include targeting peasant refugees, picking on the infirmed and homeless, irritating neighbouring nations, and punishing overseas students for helping fund the education system. It's Brexit writ large: distract, misdirect and win today at any and every cost to tomorrow.

The continental top down approach to making and upholding the law was always the reverse in England and eventually the British Isles. Joining the EU led to gradually changing both our way of doing law and eventually, culminating in the Blair years, actually beginning to amend our ‘non-existent’ constitution to fit the continental model, such that the long traditions were being undermined and altered. Brexit gave us back the authority to reverse these changes and return to rule from the bottom up - the rule of the people through Parliament not by Parliament. That we have yet to reverse is because the government has chosen not to do so, against the will of Brexit voters. That is the lack of lesdership which is now tearing down those who thought they could keep ruling by Parliament and by Government. They are and will be shown to be terribly wrong. Difficult for continental European populations to understand this, hence the upset about Brexit. You have to live British to really ‘get’ the difference. That’s why it’s so vital to get it back, otherwise it will be lost even to the current generations who also have only a partial experience of its history.

Christine Lester FRSA

Strategic Leadership & Project Development

1mo

US driven i see, what about investing in UK companies & in particular the SMEs & micros ?

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