Member

There are two terrible tragedies unfolding: first, the Government are undermining one of our greatest industrial sectors; secondly, they may be on a path to squandering for all time the UK’s opportunity to take its rightful place in the new world of AI as a global leader in the AI supply chain. Generative AI depends on three things: skill, energy for compute and high-quality data. We punch above our weight on skills, but are no match for the US and China. Without lowering our energy costs fivefold, the natural choice will be for AI firms to train elsewhere. However, the UK has a disproportionate amount of quality data, a huge proportion of which is the intellectual property owned by our powerhouse creative industries.