Demis Hassabis31:24
Well, we can't be I mean I think it's important that and I've told this to all various European leaders that you can't just be I told this to Macron back in around 2017 and he tried to do something about it. You cannot be world champions at regulation only. That's not a thing. Exactly. Right. So to have a seat I literally told him that and I said you can you know you've got to also be leading in the technology and have lead some leading companies and leading academics so that you can have a seat at the table. So first of all you see what's coming down the line ahead of time and you also have a sort of moral authority to have a seat around the table and be listened to. And there was a time when I was trying to encourage a sort of trilateral thing with Britain, France and Canada because I would say those three countries were kind of the next best at research after the two superpowers US and China. actually as a three if you look at citations papers researchers it's pretty like those three countries together now you could include some other European countries and also there's Singapore and so on but those three could create a kind of moderate bull work between the two superpowers didn't quite happen for politics and other reasons but there's still an opportunity there I think the UK is still uniquely positioned to take advantage of this we've tried to do our bit of obviously we're part of Google but I kept eat headquartered here we bought thousands of top researchers here. You know, they did some great work at DeepMine. Many of them then after five, six, 10 years went and started other things. And once you embed yourself in a location, you stay tend to stay there, right? Family reasons, other things you'd like the city and so on. And I think we're seeing that. And all ecosystems need anchors like that. Silicon Valley was not Silicon Valley until Huelet Packard and Intel, all these kind of companies seeded it, right? And they also came from strong universities nearby. Stanford, Berkeley and so on. And we have that here. The Golden Triangle, you know, Cambridge, Oxford, Hampton, UC, we got so many strong these things take centuries to build up. We have those assets. We have very smart people. We just need to have more ambition and utilize them here and hopefully government encourage that or at least not get in the way of that. And I think we're doing pretty well here, but we could do better. And then the next stage is financing the growth stage of companies which is missing which I think maybe some of the financiers in the room can think how would we do that. I think the stock exchange needs some updating. I don't know why companies don't float on the London stock exchange anymore. They will go to the US. There's obviously some problem there that needs to be addressed and I just think we could take advantage of this moment. We have all the right ingredients. The other big thing is we've got to address energy costs and our energy dependence partly for security reasons. So perhaps there's going to be a confluence of good things here. But we have the most expensive energy in the western world. And the problem with that is that's going to directly translate into intelligence. It's literally watts to dollars to tokens. So you cannot build our industry out. This that's the new industrial base, right? If you believe what's going to happen with AI is data centers, information, it's tokens. how much can you inference per unit cost? And so this is vital now. It's vital for all our industries, but it's going to be vital for the industries of the future. So, and then that will pay itself if we're going to I don't know if we're going to get to climate and environment, but obviously there's a worry about that with the data centers and things like that. But actually I just think that's a bit to me that's a red herring because if we build these technologies right they will be the it will be AI that will help us deliver the technologies of the future that will actually solve climate change. So we're working on fusion, material design, better solar power, you know, all sorts of things. We're going to be advancing this new renaissance here I see coming. We could be at the forefront of that and that will be the thing that will then, you know, completely change the climate equation, not trying to shave off 1% or 2% right now. Can I come into that