Britain's AI revolution, and Rachel Reeves' grand plan for the economy | Podcast
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- Опубліковано 14 січ 2025
- Today Keir Starmer has outlined plans to make the UK a hub for the tech industry in the development of AI. We break down his plan.
Then we take a look at the Chancellor's recent trip to China, and the disconnect between Labour's plan for growth and how their policies affect the British public.
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In the nicest way possible, Sean looks like hes wearing ed campbell fancy dress when hes got glasses on 😂
Might be sitting in the same seat I thought it was ed for a minute 😅
To be fair it's not his fault, that's just what happens to anyone who sits in that chair, Ed was originally a 6ft black man
oh it's Sean, well that's a relief, I thought it was evil Ed
@@localshaman looks like Carcinisation has a challenger. But what to call it? Scotifisation?
Thanks for the shout out! Love you all ❤
Can't wait to see you in Brighton! 😁
@ yes! Can’t wait for the show!
Hey, I'm in the UK Uni sector and I work with AI in the bio field - primarily neuroimaging - so MRI scans and stuff like that.
I think there really needs to be a distinction between the good side of "AI", where for example models are used to try and understand diseases so that we can treat them better, and the bad side, where it's just algorithms that automate jobs away.
I think a better regulation would be an encouragement of talents utilising AI for good uses - so do more funding for start ups that are making AI tools that help with diagnosis of diseases, or put more funding into universities with the caveat that they must provide products or create start ups with that funding. Instead they're just asking people from other countries to come here. It feels like then you're beholden to these companies for jobs, like when the likes of tata steel leaving cost us loads. Why not cultivate the talent we already have?
I'm a post-doc and I use 'AI' to drive parts of ecological models - but I'd call it machine learning. You're absolutely right, I think it needs to be made clear to the general public that 'AI' comes in many different forms, and that language model driven automation of jobs etc is SO far removed from machine learning used in science (and many things in between). Part of the responsibility for that lies with us as the users of it, but the media is pretty complicit here too.
@JesterThomas_ yeah I'd agree that I'd call it machine learning too - but it all seems to be put under the same umbrella of "AI" by politicians and media. It's a tricky one
Richard Murphy is a fascinating guest but when you've just uploaded a full interview with him you shouldn't stick half of it in a podcast ep as a 'clip'. Sent with love x
Agree with Ava, the best part of Starmer's announcement was that we will push aside planning system to get infrastructure built. It's about time.
Really funny watching Ava act like she’s sat next to her bestie in maths lmao
U.K. electricity maybe becoming too expensive and unreliable for mass AI innovation ? Great show .
not really although overall it is a huge problem. Having compute in house will be important but inferencing is already so commoditized we won't actually *need* it to be on-shore.
More investment on green and/or nuclear energy. great opportunities for all ppl.
@@maxhaughton1964 if you don't want your personal data taken, your life surveilled, your consent manufactured for you and industrial secrets stolen, the UK has to build its own infrastructure. There is a battle on for control of raw materials, energy and investment that will determine the next 50 years. The UK either stays in it or surrenders to the dark forces that have already ravaged the country over the past 20 years.
also WATER
@@hapijoel7569 ai water usage is massively overstated. It looks like a lot in absolute terms but compared to the amounts lost in leaking pipes and stuff it's not much
Ava saying the opening line now 😆
Guys love but how on earth do none of you mention that Palantir _already got the entire nhs hoard_ of _evryones_ medical reccords? Peter Theils Palantir!! Guys y'all are talking about a horse that has bolted
His FT editorial last week was wild
Sean’s doing his best impression of Ed there.
Andrew missed a few things. 1. BoE has advanced cryptocurrency plans which would really benefit from China's cheap dirty energy cryptocurrency farms and enable easy movement of Chinese capital through markets into its Belt And Road Initiative. 2. China is in the process of dumping cheap exports on the West and the City wants a big slice of the action. 3. China is more than happy to invest in UK property and Labour want to build, build, build. The China visit is to smooth the way. I for one welcome our Chinese AI overlords.
I loved you in Band of Brothers
China banned the crypto miners they moved to former soviet union central Asian states
The idea of transparency in how AI models reach their answer is a misunderstanding of the technology. Neural networks which underpin modern AI models are effectively black boxes. It's like asking how the ball landed on red on a roulette wheel; it could be analysed given enough inspection of forces, friction, air resistance, temperature, materials, etc. but all that effort wouldn't necessarily give you the right answer or be repeatable for any other situation. It's a problem known in AI as "interpretability".
Not the governments data though, it's personal. Are we able to sign out of our data being sold? It was hardly a great presentation either, delivered with excitement or specifics. Was the Prime Minister really the right person to sell this to the public? He's hardly a Steve Jobs is he? I wasn't reassured in the least, and was he joking when he said AI would make less form filling at job centres?
really enjoyed this with the extra contributor's
I hear Rachel Reeves talked about in a way that I've never heard before with previous Chancellors, some of which were poor but men. There seems to be a running thread of sexism when Reeves is referred to. Richard Murphy should listen back to himself.
Criticizing a poor chancellor who happens to be female = sexism
@@gregoryjames165 Most of the criticism of Reeves from political figures is stirred in with lots of sexism. Perhaps Murphy just used sloppy language, but to say that we need a "bigger brain" was unfortunate. I say again that no previous Chancellor has been spoken about with the language often used to comment on Reeves. Just listen to Tice, Lowe, Stride, even Badenoch. Joe friendly contributors surely can do better.
He’s spoken exactly the same way about the tories, and the Governor of the bank of England. Go back and watch his old videos if you don’t believe it.
@@paull5620 he was referring to everyone in the treasury, including Reeves. It’s not sexist, it’s just anger at trying to fight the problems caused by neoliberalism and austerity with more neoliberalism and austerity.
I never did understand how journalists become economy and tech experts by writing about old men arguing in an old house.
Even managed to turn ‘the risks of AI’ into a way to slag off Labour’s comms. You’re nothing if not consistent!
For the love of god can you sit down Ava with an ecologist to explain why Newts are important too.
Seriously, as someone who studies biology, it always irks me when she talks about things like that while clearly not knowing anything about it
@adriant4479 right! As much as like the podcast they really need to be more scientifically literate. They basically never speak about climate change or the biodiversity crisis probably because when they do they are quickly out of their depth.
Did ED and Ollie forgot the code for the front door again?
They switched the codes to keep those two out for 1 day.
Every time he says “data” a piece of me dies
I was saying about the crumbling infrastructure in the UK. I've worked within my local environment for 45 years. It's all falling apart. Will AI recognise that. It could make millions of jobs over night! Who will pay for it though?
Good to see Ava opening with "Love Podcasts Hate Nonces" even without Ed and Ollie.
AI will change the economy and labour market demography. We need more STEM students. All students should learn to code. ARM is a great example. GB has great potential to be the new AI powerhouse. Don't miss the chance.
Conor Clark is one of my favorites
I remember the stories of mass redundancies back in the 80s when computers were replacing typewriters and email replaced paper mail a few years later. It never happened although it was very lucrative for me as I was an IT consultant. I am an entitled Boomer and proud of it.
Energy is key. Nothing can flourish without cheap energy.
I can't remember if the UK Arts consultation is still open, if it is it's one on copyright and Machine Laundering. Better put in a response to say machine generated work can't be copyright and is owned by everyone who's data is in the dataset that generated the work
That seems like a very sensible solution, but I have no faith in our government siding against big businesses like that. Still worth a try though.
Inflation is high: anyone who has to buy food, clothes, goods and services will tell you this. Moreover, inflation is likely to remain high until such time when the price of energy comes significantly down. Maybe in 3 or 5 years time. Interest rates are unlikely to come down in this context and banks are happy about that because like for Covid, they want to harvest as much money as possible before energy prices come down. Making money via financial institutions and services is still motivating policies at the Treasury.
Loved this episode
Love this podcast ❤
Could we PLEASE get back to calling it "DAY ta" and not "DAR ta" ... I much preferred those days...
25:32 Richard Murphy is a bloody legend!
Economist said May was first leader to see Trump but he didn't do us any favours.
When are you releasing the Nigel Farage interview that Ava mentioned doing on a previous podcast?
So glad Starmer is going to take us down the AI route, I mean, what could possibly go wrong!
All hair looking on point 👌
Ai worked great in the US health care system lets apply it to the job centre, i can forsee no problems
The difference between regulating the city and regulating AI is that of control. If the UK try to regulate AI too much, it won't have any foothold in the industry market share. British people will simply be using AI products created and regulated overseas. The same cannot be said for finance, since the UK dominates the European market for financial services.
The government are just trying to play catch up, so that any boom in the AI market can result in extra taxable pounds for the treasury.
AI companies will avoid the UK as much as possible, far more opportunities and the right minds in the USA, or the far east.
Ever since Thatcher everything we touch turns into a disaster.
Data libraries can be engineered in a few different ways. If the government sufficiently funds the compute side of things, we have amazing experience in the UK for building out TREs to ensure that the only thing the companies get are the trained models rather than the original data. There would still be a threat of attack vectors whereby you extract training data from the models, but we have some research projects in the UK into why this occurs and how we can evaluate if a trained model does expose its underlying training data.
I'd be concerned around the "control" as if we have a lot of control without a well executed TRE environment and sufficient compute resource, this "control" would cripple research and innovation using that data (aka people would source that data elsewhere).
(fyi gvmt investing in such compute could sell it on with mark up so still get RoI on such investment)
SHE SAID IT!!!
So i think Stamer meant about we keep the data is you don't have to keep the original data in making your AI, I am really simplify this but you train your AI on the data, which creates probabilistic equations models and that is your AI.
So if you want to improve you model, validate it and audit the models in the future you need the original data again.
"You got a tast for our data, big tech? Well its double this time if you want another hit"
We are so Fing screwed 😢
Leon Trotsky fan girl
Day 90 of asking for a production team microphone.
People live of the money they earn doing a job. Financial services jobs are jobs that pay, so people can buy food etc. Financial services workers are working people too. There seems to be a misconception that if you work behind a desk you're not a "working person".
Tells us more about the doughnuts?
Wait, what Portuguese song?
It feels a bit ignorant to comment on how AI will preferentially result in women loosing their roll in the work force when automation has decimated a huge sector of jobs that were typically fulfilled by men. Also please do note that woman under 30 are earning higher salaries and have greater employment already than there male counterparts.
'things will get better'. Cake tomorrow is it? That's new...
Do it, do it, do it
Cow go moooo, duck go quack quack
I think you guys have this inherent assumption that regulation is a good thing, I don't think that it is, I'm also not saying it isn't (e.g. Financial regulation as highlighted) I think we need to look at what we're trying to achieve or prevent, I don't think slowing down ai is a good thing as the fella said, if we're the only ones to slow down and we will be then the others just stay ahead, it just objectively helps no one in Europe, the companies you've highlighted such as meta and x aren't based in the uk if we don't have a competitor we don't have a voice. It's a good example of us killing an industry before it's even started.
Open ai right now are showing the smarter a model is the easier alignment is, so in slowing ai progress we could genuinely be making ai more harmful.
I like Conor, Connor? Cona?
AI and other inovations don't destroy jobs, it creates efficiencys in the market. In other words stuff becomes cheaper. Giving more People more disposable income to spend on extra stuff they couldn't afford before, in turn creating more jobs to fill this extra demand. This panic about AI is baseless nonsense.
That's not Ed?...
Ed millinean announces windmills...then amazon to build an electricity guzzling data hub , ,cancelling half the windmills. ..where has think globally, act locally gone to???🌎🌎💚its getting late.
It's the sixth form debating society
Don’t watch then
@@Dere2727 I didn't
Mess! it's like living on a farmyard in the uk
A farmyard full of doughnuts
nhs cud add ai n still need all the peeople
Is a bit jarring when we’re in the midst of a biodiversity crisis which dwarfs the housing crisis to hear Ava none-stop raving about how we should value a semi-detached two bed over an endangered species…
Thank you Lord Jesus for the gift of life and blessings to me and my family $14,120.47 weekly profit Our lord Jesus have lifted up my Life!!!🙏❤️❤️
I'm 37 and have been looking for ways to be successful, please how??
Sure, the investment-advisor that guides me is..
Mrs Joyce kim
Same i met Joyce kim last year for the first time at a conference in Wilshire after then my Life has changed for good.God bless Joyce kim
Her services is the best, I got a brand new Lambo last week and paid off my mortgage loan thanks to her wonderful services!
Bring back wonga
A group of people talking about AI who know (apparently) quite little about AI. Brilliant.
You exaggerate … they know absolutely NOTHING about AI … and even less about AI application. They seem to think that Kier Starmer saying "the UK was going to become a global AI leader" shows that they are mixing AI up with the ‘tooth fairy’🦄🧚♀️🧚♂️
Chimps tea party 🎉
Fair bit of lump of labour fallacy here.
Starmer is out of his depth
The reason UK is good at AI is its lack of regulation. Regulate it and we won’t be…
Ahahahaha. Ahahahaha. Ahahahaha
Catholic PolJoe eps >>>
Mmmmmm doughnuts are nice
🐮
The podcast without Ed?! Noooooo at least qe jave an Ed cosplay though.
Up to 8 million could lose their jobs…. But… how many jobs could AI create?
Hey Ava: yes, we in Ireland did offer a nice tax deal to Apple. Know what we didn’t do? Colonise, butcher and exploit half the globe. So, on balance, glass-houses and all…😮💨
How are they so ignorant to the world around them. It's all feelings and ZERO facts. These people are in their own made up world. Kinda like Blue Sky...lol They just don't get it. Truly fascinating. 😂
I find Richard Murphy contradictory. He's never managed to explain why, if the government is spending money printed by the BoE, how is that gilt yields are affecting government borrowing. He's critical of the current Labour government because Starmer's Labour is a centrist Labour, and Richard is hard left.
If the yields are high it diverts new money into paying that interest
Poljoe-head from India here lmao
and i have absolutely no clue why i listen to it, started listening around the time of london mayoral election and sadiq's cans had me hooked.
India is a sinn fein stronghold so sean would feel right at home
You're thinking of Aberdeen
This is why Musk is weighing in on UK politics is because Ireland is a tax haven and will likely try and do similar things, use uk and Irish links to his advantage, AI is his door way