how has the uk ended up with no frontier lab of its own. we have the talent, the best universities, and london sitting there as the pipeline from research to funded company. the vcs are here. every part of it is here.
but we have the highest industrial electricity prices of any developed country, four times what american firms pay and 50% more than france, and we leech off french nuclear to keep the lights on. and where’s our mistral. ai? we had one. deepmind was founded in london in 2010 and sold to google in 2014 for about £400m. we invented the thing and flogged it before anyone realised what it was.
this might be britain’s biggest fumble.