@ what is being called “AI” at the moment is a technology called “LLM”, which are nothing more than complex spell checkers. They don’t have proper decision making capabilities, they just look like they do. The current implementation solves decisions by using statistics and as a last resort, a pseudorandom number generator.
@@davidjmemmett it has been shown that llm's are capable of some degree of emergent behavior. We don't yet know what they're fully capable of, and to call them a complex spell checker is a gross misinterpretation of how they work and what they can already do.
I'm glad I'm not only one going crazy everytime I hear hype for AI. don't get me wrong, LLMs are amazing, but it's not artifical intelligence, nor can the LLMs evolve into artifical intelligence.
Growth is all well and good but we need some basics fixing like the water industry, energy independence, the NHS, education, corruption and inefficiency .
the idea is we're skint and with an ageing population we need growth to do those things. v simplistic to say, oh can't we just fix NHS. build back better etc.
The problem is with borrowing costs high and the financial markets wanting austerity we cant invest within labours fiscal rules causing a spiral. We need a wealth tax
''Snake oil salesmen Starmer'', how did this no change and no backbone person be allowed to lie? Experts have said Labour leader have not taxed the uper rich enough to help the NHs or economic growth. Does this lawyer think he knows more than fiancial experts? Sounds like he's selling NHS data without more funding to NHS.
Absolutely disastrous misunderstanding by an empty shirt PM. 'AI' is simply an attempt by wealth to access talent, while denying talent access to wealth. If implemented en masse, we will see large scale redundancies and 1000s of people thrown onto the unemployment lines. Starmer's Changed Labour is a complete disaster by every measure.
Nah for example game developers would just be able to build bigger games quicker without reducing staff. It will speed up production if there are good laws around it
He's 'non political'. He's not left wing. A socialist nor a Marxist. He sits nowhere on the UK political spectrum! But he has a master. And he dances to their tune. Rayner, Reeves, Cooper etc are in his clique. They keep Starmer in the position his masters need him to be. I believe all political parties have plants! But Starmers master ruined Jeremy Corbyn by calling him a 'Jew Hater'! Jeremy does not hate Jews. He has hundreds of friends who are Jewish! But to get Starmer in, they had to do that! Repulsive. Utterly Repulsive
If you think immigrants are stealing your jobs now, just wait until AI gets here. I watched a documentary a few years back where one AI system had replaced 5000 doc workers.
''Snake oil salesmen Starmer'', how did this no change and no backbone person be allowed to lie? Experts have said Labour leader have not taxed the uper rich enough to help the NHs or economic growth. Does this lawyer think he knows more than fiancial experts? Sounds like he's selling NHS data without more funding to NHS.
It's true that's Exactly what it's about, and it's been planned for a very long time.your spot on well done for doing your research AI To replace all jobs and the government to have complete control over your daily life.Like what goes on in China?This is terrible at this cannot go on
I see the Tory and Reform trolls have already been replaced by AI. At the moment they are a bit predictable, all regurgitating the same rubbish, but there's room for improvement.
I actually wonder what that would look like if you had an AI represent different areas and embrace the cultures and traditions of the area with a drive the benefit and develop the people and the area
Western governments with a hard-on for AI need to get Universal Basic Income sorted at the same time because there's this funny economic effect: When people are replaced by AI they have no money to spend on goods and services. The speed at which swathes of jobs could vanish woul result in a grand mal siezure of entire economies.
He's so concerned with "getting ahead of the race" I don't think he even knows what the hell he's actually talking about. We don't need or want any of this AI crap and it only creates more problems than it fixes.
I think there are massive potential benefits by adopting AI to aid with delivery or services and more but I agree with you. This offers little information about the details and becomes just a pointless discussion without any goals.
You dont speak for everyone bud, I want Ai, the medical industry fucked me up, Ai has helped me massively in ny struggles, lets not act like this world is some amazing place without it! Ai has insane potential to help humanity.
@ The medical benefits of AI have been grossly over exaggerated. These AI companies don't care about helping people, their bottom line is making money. You've been lied to and sold a promise of something which isn't real. They've made a sucker out of you.
What's going on here is that NHS data (i.e. *your* data if you are an NHS patient, and which is considered yours in medical ethics and UK law) is valuable. US (mostly) tech and health firms have wanted access to it for a long time but have largely been denied access because... its yours (!!!) and so NHS/ UK government can't sell it. Here, I guess, they will use the excuse of AI to create new laws which makes that possible. It's not about AI and healthcare. Its about making a sellable commodity out of NHS data.
Yes, but that's why they specified that the data would be "anonymised". Which is actually pretty easy with AI, apparently. I was at a conference recently, and they were talking about the potential use of AI to generate synthetic patient data that accurately reflects the real stuff, without actually exposing real people's information. And that synthetic data is really useful for research purposes.
@ Anonymisation does not normally change data ownership/ rights. Researchers in the NHS cannot just access health records, anonymise them and use them as data. They have to get individual patient consent first. It’s not just about data security, its about personal autonomy/ basic rights to determine what happens to data collected on you. So there would have to be a change to the law (to rights of patients) to permit this from what I can see.
The issue is this. The financial markets eg. private banks, pension funds, insurance companies and wealthy individuals don't want Labour to be successful. When Labour want to borrow money to fix our broken country that the Tories sold off to the same said private banks and pension funds, they jack up the interest on that money. This makes for wonderful headlines for the right wing press. We can't live in a country where wall street, banks and rich oligarchs dictate policy. The people who voted for Brexit should be up in arms about this stuff, but they're decidedly quiet! The sooner the government can create growth and reduce its dependence on borrowing money from rich people the more our politics will be shaped by what rich people want.
You can't "jack up the interest". It's just supply and demand. Less people want to buy bonds at the prices they were a few months ago, that's literally it. If they wanted Labour to fail they wouldn't be buying at all, why would you lend money to something you want to fail?
I experienced an AI event yesterday. It involved a video showing Ivor Caplin, an ex MP and past Labour minister, being arrested with help of some service veterans. And yet when I scan the BBC website there’s nothing to be found…
The primary use case of AI at the moment is to automate tasks currently done by humans, typically high volume lower paid administrative roles. It takes far less people to create and maintain AI models than the people they’d be replacing so unemployment will go up. And we don’t have the facilities or systems in place to upskill the thousands (if not more) who will lose their job, even if they could afford it.
There's a great quote from Dune that fits here: "Once men turned their thinking over to machines in the hope that this would set them free. But that only permitted other men with machines to enslave them."
@martinmurphy9679 Absolutely. We know our media is not impartial. Social media is just poison. The rich want to stay rich, and the working class is being fooled. Seen it said before...'like turkeys voting for Christmas'.
Media challenging Tories and reform? Not happening lol. People really think pound is dropping because of labour lol, these things take time to build up, this has been building up for the past 5 years since 2020. You can’t suddenly uplift and improve like people think
@user-je6io6cv5d I agree. The British media bashing Labour for the market clearly haven't realised the global markets are red. But they know there is a mass audience who can't think for themselves and will drown out anyone trying to bring up logical points to counter them.
Poppycock. Also, gobbledygook. 'Growth' comes from spending, from people spending, from the average person spending. Not from systems optimisation, not from tax relief for corporations, not from business support, not for crackdowns on benefits, tax evasion, or anything of the sort. If people spend money, the economy grows. If people do not (or cannot) spend money, there is no growth. Everything else is coloured bubbles.
@@kanny5175 Thank you for your insightful comment. That has helped me tremendously to understand the intricacies of the current political situation, as well as demonstrating your in-depth knowledge of the topic.
Ai is devastating to the planet, it takes a lot of energy to run the systems that use AI, how can he say this while also supposedly caring about the climate and making Britain greener?
Because our grid is really quite clean and is getting cleaner. I mean we could be France but we didn't invest in nuclear early enough 😢. Plus advanced scheduling means AI (or just large computing infrastructure) could help regulate the grid whilst generating growth. Now do I think it's a silver bullet? No. Growth could be faster achieved in many other ways, but it's not a terrible choice. Especially if AI gets smart enough to affect security.
AI is also being used to help model the next generation of tocamac reactors. I think as AI advances it will exponentially increase in contributions to this issue and help push for the 1st generation of commercially viable fusion reactors
Who is actually demanding more AI? Where is the impetus coming from? It's talked about as if everybody is desperate to have more AI. I think we need to have faith in democracy, physical money, and more traditional ways.
@James-x9g8n But who controls it? Social media was deliberately made to be addictive, for example. Same people are going to programme AI. And what uses will it be put to. Look at how pagers were used in Lebanon. Not the use the designers envisioned, I guess, but used that way. There needs to be some democratic input to ensure this AI doesn't end up enslaving us.
I think this is always the issue with technology improvements like robotics and AI, If the people own the AI and the Robots, bring it on, it means we can distribute the profits and we can all do less. In reality it’s always the same, it’s the 1% that own everything, and everyone else is screwed.
Oh dear queue the usual suspects (many not even software specialists but blagging it) getting Billions in software contracts and £x,0000's per day consultancy fees that can not deliver - and those were relatively easy development pieces - track and trace anyone? I'm not Nostradamus but we will be having public inquiries on failed IT projects in about 3 years time - 3 years being the point they usually give in and admit defeat.
A lot of devs come to me with problems and usually suffix with "i asked chatgpt and it told me blah...but it didn't work" I hope this " AI" is better than those devs, or this isn't going to work.
How is that gonna happen under a Starmer goverment? Why would anyone pick the UK over the US for AI with its far higher taxes and energy insecurity caused by the North Sea license ban? Does Mr. Starmer realise how energy intesive AI data centers are? Why would highly skilled engineers pick the UK over the US when salaries are half, while taxes double that of some US states?
Dose he understand AI takes loads of electricity, and UK is very very expensive in electricity, you would have to be mad to invest in the UK.😂😂😂😂😂😂😂 This guy just talks pure cow poo.😂😂😂😂
This will end up with socialised risks and costs and privatised profits here. They need to pull their finger out and back these grants and funds by taking stakes in the companies they’re investing in which should go to a national fund.
We literally have the highest energy costs in Europe, we're not going to be able to afford to even run the computer necessary to facilitate this Ai revolution, businesses will pick anywher other than here. Congratulations
AI may bring some temporary economic growth, but will eventually ruin so many industries in this country and worldwide. And remember that this is the main promise of AI to investors: billions are invested in AI now on the promise of saving salaries in the future. And let's also mention the environmental catastrophe that data centres, and AI, are.
Friend of mine works for a company where they coded chat bots for companies. Since chatgpt and some others, they have received zero new contracts. They're going to see out all contracts then shut up shop. Just one example already happening.
You can grill this creep for hours, but he never answers a question given to him . The number one 1️⃣ priority of this government is to stifle growth through higher taxes and to put 30 thousand small businesses into bankruptcy
I sincerely hope they can do something good. I have doubts now. The UK economy depends so much on finance, and "the sentiment of the markets" that in just a couple of days the job for this government has become suddenly much harder. I still hope they can get somewhere because i think that only the left can deliver to the UK's common people what they need and a little bit more equality they deserve.
I do find, that no matter what the prime minister says or does, he will be ridiculed by everyone. He just cant win, no matter what, why would he want to stay as PM is beyond me, when it feels like everyone is against him.
I'm not against him, and he won a majority. He's actually someone who is serious about rebuilding the country, unlike all the fascists and right wing press who only know how to rip things up.
@James-x9g8n that may be the case that he is serious, but that is redundant if everything he tries to do is twisted into a negative on social media and the public perception of him is so bad, that I just don't see how he will achieve as anything.
I think it could be brilliant, but unfortunately, there is a long history of business being far more streetwise than politicians, resulting in us not getting a good deal: PPI, gas, electric, trains, water, for example.
@@c.v.yardleyI've seen the predictions. I know what they have in store for humanity too. It's not for me. Social media and the explosion of the internet of things spells nothing but misery for most.
This is a story about four people named Everybody, Somebody, Anybody and Nobody. There was an important job to be done and Everybody was sure that Somebody would do it. Anybody could have done it, but Nobody did it. Somebody got angry about that, because it was Everybody’s job. Everybody thought Anybody could do it, but Nobody realized that Everybody wouldn’t do it. It ended up that Everybody blamed Somebody when Nobody did what Anybody could have. The story may be confusing but the message is clear: no one took responsibility so nothing got accomplished.
Responsibility should be everybody's job, but anybody can vote for somebody to take that responsibility. When somebody who was entrusted with power by anybody breaks that trust our problem is nobody is held to account. Scandal after scandal and mps sit on benches laughing about it. Politicians are no longer necessary to be middle men while we have the technology for everybody on the whole planet to be part of a conversation.
This is such an ironic view It absolutely baffles me how the sentiment of conservative supporters is all about personal freedom and anti-establishment, when the conservative government has been corrupt and in the pockets of private companies since the dawn of time It's literally been the whole point of the conservative party to increase privatization in the UK And now idiots like you just manage flip the script somehow, completely oblivious to any real changes in the world
AI won't boost productivity like they think it will. Markets will react - and whatever time they think they're saving people in their jobs by allowing AI to undertake repetitive tasks will be filled with even more tasks for (potentially) even less pay. After all, why would you pay someone to be generating all their work via AI? It's stupid. They'll most likely outsource because hardly anything is vertically integrated in this country anymore. AI can give you answers quickly, but it won't decrease the learning curve for students or employees. The best way to gather knowledge and acquire genuine intelligence will always be repetition in reading / physical writing. If we become reliant on AI for education, we will see a further decline in critical thinking - which will have a negative affect on skill - which will destabilise multi-factor productivity rates. This is so basic, which is why I believe Starmer is just getting ahead of the curve with replacing human workers with AI - meaning people will have to depend on the state for welfare because they're not earning income - thus fulfilling the marxist vision he and the government has for this country. I don't wish to scare anyone, but it's so clear that this is the goal. Ironic considering they're literally the party of LABOUR, lmfao.
Subsidising energy costs for UK businesses at 169,972,450 MWh usage per year would cost the government circa £12bn a year - this would bring down inflation as most inflation is being caused by high energy prices --> this brings down Government debt payments which are inflation indexed and also encourages BoE to bring down rates as inflation eases further decreasing money lost to UK debt. In 2022, the UK government spent £9.6 billion on Personal Independence Payment (PIP) for mental health conditions, including anxiety and depression - cutting this would fund it as this bill has risen significantly since then and was never available before 2013...
As destructive as an AI revolution might be it could also be one of those things that we would wish we had done 10 years ago a decade from now if we didn't do it.
This was painful to listen to, and is indicative of a PM clutching at straws to try and calm the markets. Has anyone told the PM that tech companies are already streets ahead in the AI space and have already done what he's proposing? Tech companies are unlikely to invest because of the high energy costs, especially as the tech already exists elsewhere. The government should not get involved in something it doesn't understand.
Yeah because ai worked great I'm the US health care system refusing to pay out on people's claims, really look forward to the cold application of ai in sanctioning people on disability benefits, can forsee no problems here :/
Labour arrived in power with lots of artificial intelligence, take Rachel Reeves for instance, we all thought she was an economist with the banking sector, but that was artificial, turns out she worked complaints in the retail department.
The past has shown that you either adapt or die. This technology will only get better and become more integrated into ours lives and knowing that we’re going to be ahead of the game will help the country in the long run.
Journalists should ask these politicians fundamental questions. Such as what according to them is AI? what is the difference between AI and ML? I bet they don't know anything about what it is.
AI clearly isn't going to "fix potholes". What it will be used for is to answer phone calls when the public phone up to complain about potholes. Why? Because people are fed up hearing Indian accents when they get put through to call centres and get abusive with the staff. AI can be trained to fob us off more effectively than 100 rupee/hr staff in a Delhi call centre. If "someone" is lying to you in your own accent, you are more likely to believe them.
This is not about money. This is not about health or growth its about your freedom and your free will to go anywhere you want to go without AI tell you that you can't the removeal of jobs and all jobs go to AI THE END OF HUMMAN FREEDOM!!!
How do we power all this AI when we were nearly blackout last week without it ? We all know what the 4+1 towers in the cities are for , so what’s the plan for the plebs in the suburbs ? Wild fires ?
If AI can find growth then the UK has to join 1000% as the human brain has given up even with all the Brexit freedom and secret very very opportunities.
What measures??? Bleeding the private sector is not going to achieve growth. Reduce energy costs for businesses to the levels in the US and keep your nose out of business, that would be a start.
Lmao Beth Rigby makes everyones skin crawl. In this case though, credit to her. Kier is totally unlikeable, totally uncomfortable and totally dishonest. Even ITV talk show hosts, yes those folk, pick up and challenge him on it. Not a great reference granted. This Starmer, dude is as toxic as he is merciless and self guided. How could anyone be worse than Sunak?! Its just insane!!
Why didnt Keir Starmer 2 Tier prosecute Jimmy Saville ask him that question, Political decision too many of his BBC mates hed drag down with him. The epstein of his time.
AI is skyrocketing global energy use, we will see this in our energy bills, and it will only benefit the rich who are capable of deploying and utilizing these systems at scale.
I would add that all countries that want to be part of the AI revolution have purchased large amounts of infrastructure like GPUs, look at UAE. Maybe I've missed it but what have we done?
I do wish Beth Rigby would learn to speak properly... She has that "missing G" thing going on that Priti Patel does, its awful given that they're both in the public eye. really grates on me...
People need honourable work opportunities not being forced forced into cheep labour or to sleep on the streets. Productive industries run by people for people! Smaller businesses and social hubs like pubs are the lifeblood of community whilst the mega stores and online sales fill the purse of the new as well as the old oligarchy that are dividing us and killing of our communities .
Where are we getting the cheap energy to run these AI data centres?
Scotland. Might throw us a pity financial service if we’re lucky, as means of thanks
Thats up to the private companies running them.
Onshore wind in England despite what the NIMBYs want?
And the cheap water - these data centres need a lot to keep them cool
post-industrial towns and coastal Scotland and the Atomic Energy Authority headquarters
Humanity cares so much about AI funding its forgot to fund humanity itself
they want to replace us with AI
Wtf
they want to replace workers with AI
Great statement
Not humanity, Capitalists.
Does anyone want to tell the PM that “AI” is a bunch of marketing hype around technologies that have nothing to do with the actual definition of AI?
Its been over hyped for sure but its not nothing either.
@ what is being called “AI” at the moment is a technology called “LLM”, which are nothing more than complex spell checkers. They don’t have proper decision making capabilities, they just look like they do. The current implementation solves decisions by using statistics and as a last resort, a pseudorandom number generator.
@@davidjmemmett it has been shown that llm's are capable of some degree of emergent behavior. We don't yet know what they're fully capable of, and to call them a complex spell checker is a gross misinterpretation of how they work and what they can already do.
@@davidjmemmetttell me you only have a rudimentary understanding without telling me you only have a rudimentary understanding lol.
I'm glad I'm not only one going crazy everytime I hear hype for AI. don't get me wrong, LLMs are amazing, but it's not artifical intelligence, nor can the LLMs evolve into artifical intelligence.
Growth is all well and good but we need some basics fixing like the water industry, energy independence, the NHS, education, corruption and inefficiency .
the idea is we're skint and with an ageing population we need growth to do those things.
v simplistic to say, oh can't we just fix NHS. build back better etc.
The problem is with borrowing costs high and the financial markets wanting austerity we cant invest within labours fiscal rules causing a spiral. We need a wealth tax
@@alingard1We're an extremely wealthy nation and being lied to, as is most of the West.
Tax the rich too.
Those things are obvious but extremely costly.
I seem to remember a well made argument that companies should pay us for our data. That idea disappeared quickly ... for some reason
Completely different from government medical data.
Not exactly "grilled" was he!
The media use that kind of inflammatory language to attract insulting comments from the trolls. And it worked!
''Snake oil salesmen Starmer'', how did this no change and no backbone person be allowed to lie? Experts have said Labour leader have not taxed the uper rich enough to help the NHs or economic growth. Does this lawyer think he knows more than fiancial experts? Sounds like he's selling NHS data without more funding to NHS.
Were you disappointed?
Agree. Many of the questions were like a limp handshake, and no or weak follow-ups.
@@Phenn5589 I'm sure you're a limp wrist expert 🤣🤣🤣
Absolutely disastrous misunderstanding by an empty shirt PM. 'AI' is simply an attempt by wealth to access talent, while denying talent access to wealth. If implemented en masse, we will see large scale redundancies and 1000s of people thrown onto the unemployment lines. Starmer's Changed Labour is a complete disaster by every measure.
Nah for example game developers would just be able to build bigger games quicker without reducing staff. It will speed up production if there are good laws around it
He's 'non political'. He's not left wing. A socialist nor a Marxist. He sits nowhere on the UK political spectrum! But he has a master. And he dances to their tune. Rayner, Reeves, Cooper etc are in his clique. They keep Starmer in the position his masters need him to be. I believe all political parties have plants! But Starmers master ruined Jeremy Corbyn by calling him a 'Jew Hater'! Jeremy does not hate Jews. He has hundreds of friends who are Jewish! But to get Starmer in, they had to do that! Repulsive. Utterly Repulsive
Hello reform uk voter 😂
@@catherinemartin6258that’s not really a reform talking point. It’s just saying Starmer doesn’t stand for anything, which is kind of true
@foldingglint1514 How dare you say Starmer doesn't stand for anything! He stands for lots of things his handlers tell him to.
Jeremy Corbyn is irrelevant now. Move on. Leave the cult.
‘Im not racist ive got black friends!’
If you think immigrants are stealing your jobs now, just wait until AI gets here. I watched a documentary a few years back where one AI system had replaced 5000 doc workers.
''Snake oil salesmen Starmer'', how did this no change and no backbone person be allowed to lie? Experts have said Labour leader have not taxed the uper rich enough to help the NHs or economic growth. Does this lawyer think he knows more than fiancial experts? Sounds like he's selling NHS data without more funding to NHS.
Exactly 💯 and mass immigration still happening on our small island.
Then hes pushing more for this AI what the hell is this man smoking...
There’s not really much ai can’t replace. That could happen fast too
It's true that's Exactly what it's about, and it's been planned for a very long time.your spot on well done for doing your research AI To replace all jobs and the government to have complete control over your daily life.Like what goes on in China?This is terrible at this cannot go on
You could replace Kier with Ai. It would take folkes a while to notice. At the moment i`m thinking replacing MP`s with Ai might be a great idea.
I see the Tory and Reform trolls have already been replaced by AI. At the moment they are a bit predictable, all regurgitating the same rubbish, but there's room for improvement.
What you doing on here go back to fake news GB news
@@c.v.yardley Are those not Actual Idiots?
@@c.v.yardley So u endorse the job kiers doing
I actually wonder what that would look like if you had an AI represent different areas and embrace the cultures and traditions of the area with a drive the benefit and develop the people and the area
Western governments with a hard-on for AI need to get Universal Basic Income sorted at the same time because there's this funny economic effect:
When people are replaced by AI they have no money to spend on goods and services.
The speed at which swathes of jobs could vanish woul result in a grand mal siezure of entire economies.
Let AI take over decision making either medically or political or whatever will take the blame off them in when things go wrong .
He's so concerned with "getting ahead of the race" I don't think he even knows what the hell he's actually talking about. We don't need or want any of this AI crap and it only creates more problems than it fixes.
I think there are massive potential benefits by adopting AI to aid with delivery or services and more but I agree with you. This offers little information about the details and becomes just a pointless discussion without any goals.
Who are the we you refer to?
You dont speak for everyone bud, I want Ai, the medical industry fucked me up, Ai has helped me massively in ny struggles, lets not act like this world is some amazing place without it! Ai has insane potential to help humanity.
@ The medical benefits of AI have been grossly over exaggerated. These AI companies don't care about helping people, their bottom line is making money. You've been lied to and sold a promise of something which isn't real. They've made a sucker out of you.
What's going on here is that NHS data (i.e. *your* data if you are an NHS patient, and which is considered yours in medical ethics and UK law) is valuable. US (mostly) tech and health firms have wanted access to it for a long time but have largely been denied access because... its yours (!!!) and so NHS/ UK government can't sell it. Here, I guess, they will use the excuse of AI to create new laws which makes that possible. It's not about AI and healthcare. Its about making a sellable commodity out of NHS data.
Yes, but that's why they specified that the data would be "anonymised". Which is actually pretty easy with AI, apparently. I was at a conference recently, and they were talking about the potential use of AI to generate synthetic patient data that accurately reflects the real stuff, without actually exposing real people's information. And that synthetic data is really useful for research purposes.
@ Anonymisation does not normally change data ownership/ rights. Researchers in the NHS cannot just access health records, anonymise them and use them as data. They have to get individual patient consent first. It’s not just about data security, its about personal autonomy/ basic rights to determine what happens to data collected on you. So there would have to be a change to the law (to rights of patients) to permit this from what I can see.
The issue is this. The financial markets eg. private banks, pension funds, insurance companies and wealthy individuals don't want Labour to be successful. When Labour want to borrow money to fix our broken country that the Tories sold off to the same said private banks and pension funds, they jack up the interest on that money. This makes for wonderful headlines for the right wing press. We can't live in a country where wall street, banks and rich oligarchs dictate policy. The people who voted for Brexit should be up in arms about this stuff, but they're decidedly quiet! The sooner the government can create growth and reduce its dependence on borrowing money from rich people the more our politics will be shaped by what rich people want.
You can't "jack up the interest". It's just supply and demand. Less people want to buy bonds at the prices they were a few months ago, that's literally it. If they wanted Labour to fail they wouldn't be buying at all, why would you lend money to something you want to fail?
I experienced an AI event yesterday. It involved a video showing Ivor Caplin, an ex MP and past Labour minister, being arrested with help of some service veterans. And yet when I scan the BBC website there’s nothing to be found…
😅
The primary use case of AI at the moment is to automate tasks currently done by humans, typically high volume lower paid administrative roles. It takes far less people to create and maintain AI models than the people they’d be replacing so unemployment will go up. And we don’t have the facilities or systems in place to upskill the thousands (if not more) who will lose their job, even if they could afford it.
There's a great quote from Dune that fits here: "Once men turned their thinking over to machines in the hope that this would set them free. But that only permitted other men with machines to enslave them."
Never saw the media challenge the previous government like this.
Sickening isn't it?
@martinmurphy9679 Absolutely. We know our media is not impartial. Social media is just poison. The rich want to stay rich, and the working class is being fooled. Seen it said before...'like turkeys voting for Christmas'.
Media challenging Tories and reform? Not happening lol. People really think pound is dropping because of labour lol, these things take time to build up, this has been building up for the past 5 years since 2020. You can’t suddenly uplift and improve like people think
@user-je6io6cv5d I agree. The British media bashing Labour for the market clearly haven't realised the global markets are red. But they know there is a mass audience who can't think for themselves and will drown out anyone trying to bring up logical points to counter them.
Poppycock. Also, gobbledygook. 'Growth' comes from spending, from people spending, from the average person spending. Not from systems optimisation, not from tax relief for corporations, not from business support, not for crackdowns on benefits, tax evasion, or anything of the sort. If people spend money, the economy grows. If people do not (or cannot) spend money, there is no growth. Everything else is coloured bubbles.
What about people spending money they don't have, is that an acceptable solution for you?
He couldn't pour water out a boot if the instructions were on the heel....
@@kanny5175 Thank you for your insightful comment. That has helped me tremendously to understand the intricacies of the current political situation, as well as demonstrating your in-depth knowledge of the topic.
Ai is devastating to the planet, it takes a lot of energy to run the systems that use AI, how can he say this while also supposedly caring about the climate and making Britain greener?
Because our grid is really quite clean and is getting cleaner. I mean we could be France but we didn't invest in nuclear early enough 😢.
Plus advanced scheduling means AI (or just large computing infrastructure) could help regulate the grid whilst generating growth.
Now do I think it's a silver bullet? No. Growth could be faster achieved in many other ways, but it's not a terrible choice. Especially if AI gets smart enough to affect security.
AI is also being used to help model the next generation of tocamac reactors. I think as AI advances it will exponentially increase in contributions to this issue and help push for the 1st generation of commercially viable fusion reactors
Literally no one wanted this. You didn't promise this. This is an excuse for more privatisation and data sales
Who is actually demanding more AI? Where is the impetus coming from? It's talked about as if everybody is desperate to have more AI. I think we need to have faith in democracy, physical money, and more traditional ways.
Capitalists that can never have enough money.
It's going to be very useful for running systems which will save huge amounts of money.
@James-x9g8n But who controls it? Social media was deliberately made to be addictive, for example. Same people are going to programme AI. And what uses will it be put to. Look at how pagers were used in Lebanon. Not the use the designers envisioned, I guess, but used that way. There needs to be some democratic input to ensure this AI doesn't end up enslaving us.
The first job for AI should be searching for tax avoidance/evasion
You can always tell when a politician is lying.....there lips start moving
TaxTheRich
www.gov.uk/guidance/voluntary-payments-donations-to-government
Unemployment and destitution is more like it.
I think this is always the issue with technology improvements like robotics and AI,
If the people own the AI and the Robots, bring it on, it means we can distribute the profits and we can all do less.
In reality it’s always the same, it’s the 1% that own everything, and everyone else is screwed.
AI is next level population control
He really has avoided whether there would be spending cuts or not, meaning yes there will be
If he said "No, there will not be any spending cuts" would you believe him? I doubt it.
Financial markets are forcing him to, he doesn’t have a choice.
Oh dear queue the usual suspects (many not even software specialists but blagging it) getting Billions in software contracts and £x,0000's per day consultancy fees that can not deliver - and those were relatively easy development pieces - track and trace anyone? I'm not Nostradamus but we will be having public inquiries on failed IT projects in about 3 years time - 3 years being the point they usually give in and admit defeat.
Distraction, deflection, destruction.
Vague, cliché, meaningless.
@James-x9g8n 🤣🤣🤣
A lot of devs come to me with problems and usually suffix with "i asked chatgpt and it told me blah...but it didn't work"
I hope this " AI" is better than those devs, or this isn't going to work.
Has anybody actually debated this ? Or is this another example of UK democracy ?
How is that gonna happen under a Starmer goverment? Why would anyone pick the UK over the US for AI with its far higher taxes and energy insecurity caused by the North Sea license ban? Does Mr. Starmer realise how energy intesive AI data centers are? Why would highly skilled engineers pick the UK over the US when salaries are half, while taxes double that of some US states?
Why would AI systems be built at all by the far right? The far right don't build anything.
Dose he understand AI takes loads of electricity, and UK is very very expensive in electricity, you would have to be mad to invest in the UK.😂😂😂😂😂😂😂 This guy just talks pure cow poo.😂😂😂😂
This will end up with socialised risks and costs and privatised profits here.
They need to pull their finger out and back these grants and funds by taking stakes in the companies they’re investing in which should go to a national fund.
We literally have the highest energy costs in Europe, we're not going to be able to afford to even run the computer necessary to facilitate this Ai revolution, businesses will pick anywher other than here. Congratulations
☁️ 👍
AI may bring some temporary economic growth, but will eventually ruin so many industries in this country and worldwide. And remember that this is the main promise of AI to investors: billions are invested in AI now on the promise of saving salaries in the future.
And let's also mention the environmental catastrophe that data centres, and AI, are.
Friend of mine works for a company where they coded chat bots for companies.
Since chatgpt and some others, they have received zero new contracts. They're going to see out all contracts then shut up shop.
Just one example already happening.
Highest energy costs in the developed world and economic growth don't go hand in hand.
This is why they're bringing in GB Energy.
@abstractdrumz let's see how that goes...
You can grill this creep for hours, but he never answers a question given to him .
The number one 1️⃣ priority of this government is to stifle growth through higher taxes and to put 30 thousand small businesses into bankruptcy
I sincerely hope they can do something good. I have doubts now. The UK economy depends so much on finance, and "the sentiment of the markets" that in just a couple of days the job for this government has become suddenly much harder. I still hope they can get somewhere because i think that only the left can deliver to the UK's common people what they need and a little bit more equality they deserve.
He avoided all the questions about spending cuts.....so that means MORE spending cuts then. A Vote of 'change', apparently.
I do find, that no matter what the prime minister says or does, he will be ridiculed by everyone. He just cant win, no matter what, why would he want to stay as PM is beyond me, when it feels like everyone is against him.
It's because everyone is against him!!
That's right because he is a lying Marxist grub
I'm not against him, and he won a majority. He's actually someone who is serious about rebuilding the country, unlike all the fascists and right wing press who only know how to rip things up.
He's a horrid creature. A neoliberal Blairite. He deserves naught but scorn.
@James-x9g8n that may be the case that he is serious, but that is redundant if everything he tries to do is twisted into a negative on social media and the public perception of him is so bad, that I just don't see how he will achieve as anything.
Starmer wants to invest in AI so the public doesn't know what's real and what's not.
He's been to too many Silicon Valley talks, "AI can do everything". Also AI: "Eat rocks"
If the ai is anything like growth we're doomed, wait a minute were already doomed labour in charge.
Very happy the adults are in charge now
The toolmakers tool at the front of the screen and more tools in the background. 😅
That first interviewer’s voice is iconic in British households
I think it could be brilliant, but unfortunately, there is a long history of business being far more streetwise than politicians, resulting in us not getting a good deal: PPI, gas, electric, trains, water, for example.
WHAT does ..ERM, mean, Starmer says this before, during and after every word.
Just step down, Labour are useless...
Shame & more shame should have the PM Keir Stamer, whom speaks nothing of his omissions in child abuses cases in UK, when he was general attorney.
The guy is DERANGED thinking this will fix his problems 😂😂 A.I. 🤣🤣🤣🤣
Look up what experts forecast for economic growth worldwide during the next ten years or so thanks to AI!
@@c.v.yardleyI've seen the predictions. I know what they have in store for humanity too. It's not for me. Social media and the explosion of the internet of things spells nothing but misery for most.
This is a story about four people named Everybody, Somebody, Anybody and Nobody. There was an important job to be done and Everybody was sure that Somebody would do it. Anybody could have done it, but Nobody did it. Somebody got angry about that, because it was Everybody’s job. Everybody thought Anybody could do it, but Nobody realized that Everybody wouldn’t do it. It ended up that Everybody blamed Somebody when Nobody did what Anybody could have.
The story may be confusing but the message is clear: no one took responsibility so nothing got accomplished.
Been that way for 50+ years and Sir Kid Starver is as clueless as any of the others. He has zero idea and neither does any of his cronies.
Responsibility should be everybody's job, but anybody can vote for somebody to take that responsibility.
When somebody who was entrusted with power by anybody breaks that trust our problem is nobody is held to account. Scandal after scandal and mps sit on benches laughing about it.
Politicians are no longer necessary to be middle men while we have the technology for everybody on the whole planet to be part of a conversation.
we need more people power, direct democracy, not more elite power via AI
Blackrock has spoken.
This is such an ironic view
It absolutely baffles me how the sentiment of conservative supporters is all about personal freedom and anti-establishment, when the conservative government has been corrupt and in the pockets of private companies since the dawn of time
It's literally been the whole point of the conservative party to increase privatization in the UK
And now idiots like you just manage flip the script somehow, completely oblivious to any real changes in the world
AI won't boost productivity like they think it will. Markets will react - and whatever time they think they're saving people in their jobs by allowing AI to undertake repetitive tasks will be filled with even more tasks for (potentially) even less pay. After all, why would you pay someone to be generating all their work via AI? It's stupid. They'll most likely outsource because hardly anything is vertically integrated in this country anymore. AI can give you answers quickly, but it won't decrease the learning curve for students or employees. The best way to gather knowledge and acquire genuine intelligence will always be repetition in reading / physical writing. If we become reliant on AI for education, we will see a further decline in critical thinking - which will have a negative affect on skill - which will destabilise multi-factor productivity rates. This is so basic, which is why I believe Starmer is just getting ahead of the curve with replacing human workers with AI - meaning people will have to depend on the state for welfare because they're not earning income - thus fulfilling the marxist vision he and the government has for this country. I don't wish to scare anyone, but it's so clear that this is the goal. Ironic considering they're literally the party of LABOUR, lmfao.
Can a journalist there please ask him how does he think increasing tax on employers promotes growth?
Subsidising energy costs for UK businesses at 169,972,450 MWh usage per year would cost the government circa £12bn a year - this would bring down inflation as most inflation is being caused by high energy prices --> this brings down Government debt payments which are inflation indexed and also encourages BoE to bring down rates as inflation eases further decreasing money lost to UK debt.
In 2022, the UK government spent £9.6 billion on Personal Independence Payment (PIP) for mental health conditions, including anxiety and depression - cutting this would fund it as this bill has risen significantly since then and was never available before 2013...
Starmer, comes across as a duplicitous, ideologue. Labour, need a ‘user friendly’ leader ,like Darren Jones… just a thought.
Tell me you dont understand AI without telling me you dont understand AI.
The straws have well and truly been clutched.
As destructive as an AI revolution might be it could also be one of those things that we would wish we had done 10 years ago a decade from now if we didn't do it.
What is this plank of wood doing
selling everyone even further down the line
This was painful to listen to, and is indicative of a PM clutching at straws to try and calm the markets. Has anyone told the PM that tech companies are already streets ahead in the AI space and have already done what he's proposing? Tech companies are unlikely to invest because of the high energy costs, especially as the tech already exists elsewhere. The government should not get involved in something it doesn't understand.
Tax the rich now...
Yeah because ai worked great I'm the US health care system refusing to pay out on people's claims, really look forward to the cold application of ai in sanctioning people on disability benefits, can forsee no problems here :/
The charisma of a parboiled Brussels sprout
'Charisma' got us into this mess in first place.
I'd rather that than 'charismatic' BoJo!
Labour arrived in power with lots of artificial intelligence, take Rachel Reeves for instance, we all thought she was an economist with the banking sector, but that was artificial, turns out she worked complaints in the retail department.
we have enormous talent in uk -arm designs all ai chips
deep mind was a uk co
taxes are high because of the last govt
Taking a leaf out of Jensen Huangs book and mentioning AI as much as possible.
I think we're in the perfect position to be calling for an emergency wealth tax no?
What’s the aim? Productivity without prosperity?
Yes, that’s what the capital class want
Welcome to the wonderful world of capitalism.
What about the jobs that are going to be lost as ai improves. It's hyped at the moment but it will replace jobs. Are there plans to train people?
The past has shown that you either adapt or die. This technology will only get better and become more integrated into ours lives and knowing that we’re going to be ahead of the game will help the country in the long run.
Methinks AI stands for ABSOLUTE INCOMPETENCE
Proves he doesn’t understand it! It’s a language model and more like machine learning. ”AI” isn’t going to solve the housing or energy crisis!
but it’s apparently going to locate all of the potholes
@ it’s not potholes… they just don’t want to tax the rich or change the current political model to fix the economy!
Plan is to remove humans from the public service and replace with AI to save on govt expenditure.
Journalists should ask these politicians fundamental questions. Such as what according to them is AI? what is the difference between AI and ML? I bet they don't know anything about what it is.
Does that reporter actually think that investors will turn down potentially high returns just because Musk said so? What an absolute idiot
Bro thinks ChatGPT is going to help him
AI clearly isn't going to "fix potholes". What it will be used for is to answer phone calls when the public phone up to complain about potholes. Why? Because people are fed up hearing Indian accents when they get put through to call centres and get abusive with the staff. AI can be trained to fob us off more effectively than 100 rupee/hr staff in a Delhi call centre. If "someone" is lying to you in your own accent, you are more likely to believe them.
This is not about money. This is not about health or growth its about your freedom and your free will to go anywhere you want to go without AI tell you that you can't the removeal of jobs and all jobs go to AI THE END OF HUMMAN FREEDOM!!!
For your no.1 object of economic growth you need good, reliable energy supplies and with net zero this is not possible.
How do we power all this AI when we were nearly blackout last week without it ?
We all know what the 4+1 towers in the cities are for , so what’s the plan for the plebs in the suburbs ? Wild fires ?
If AI can find growth then the UK has to join 1000% as the human brain has given up even with all the Brexit freedom and secret very very opportunities.
What measures???
Bleeding the private sector is not going to achieve growth.
Reduce energy costs for businesses to the levels in the US and keep your nose out of business, that would be a start.
They are the labour party, the party that represents labour. Just don't need to be humans doing the labour
Starmers A.I........Actual Incompetence
Lmao Beth Rigby makes everyones skin crawl. In this case though, credit to her.
Kier is totally unlikeable, totally uncomfortable and totally dishonest.
Even ITV talk show hosts, yes those folk, pick up and challenge him on it. Not a great reference granted. This Starmer, dude is as toxic as he is merciless and self guided. How could anyone be worse than Sunak?! Its just insane!!
Why didnt Keir Starmer 2 Tier prosecute Jimmy Saville ask him that question, Political decision too many of his BBC mates hed drag down with him. The epstein of his time.
Planning Energy??? Doesn't he just mean 'Net Zero' and its predicted catastrophic effect on economic growth??
AI is skyrocketing global energy use, we will see this in our energy bills, and it will only benefit the rich who are capable of deploying and utilizing these systems at scale.
Tory in a red tie. Also thought it was an AI bot standing at the podium being grilled by the journalists.
He does seem to 'delight' in emphasising the the difficult decisions he feels have to be made...particularly at the expense of others!
So I call App Britain
Yes ...... And ........ Ho .......
I would add that all countries that want to be part of the AI revolution have purchased large amounts of infrastructure like GPUs, look at UAE. Maybe I've missed it but what have we done?
I do wish Beth Rigby would learn to speak properly...
She has that "missing G" thing going on that Priti Patel does, its awful given that they're both in the public eye. really grates on me...
People need honourable work opportunities not being forced forced into cheep labour or to sleep on the streets. Productive industries run by people for people! Smaller businesses and social hubs like pubs are the lifeblood of community whilst the mega stores and online sales fill the purse of the new as well as the old oligarchy that are dividing us and killing of our communities .