20VC: UK Prime Minister, Rishi Sunak on Investing More in AI Safety Research Than Any Other Country in the World, How AI Changes the Future of Education, His Top 5 Priorities as Prime Minister Today & How to Make the UK the Centre of AI

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The Twenty Minute VC

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4.4 • 637 Ratings

🗓️ 14 June 2023

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

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Summary

Rishi Sunak is the Prime Minister of the United Kingdom. He was previously appointed Chancellor of the Exchequer from 13 February 2020 to 5 July 2022. He was Chief Secretary to the Treasury from 24 July 2019 to 13 February 2020, and Parliamentary Under Secretary of State at the Ministry of Housing, Communities and Local Government from 9 January 2018 to 24 July 2019. Before entering the world of politics, Rishi co-founded an investment firm.

In Today's Episode with Rishi Sunak We Discuss:

1. The United Kingdom: Open for AI: Open for Business

Why does Rishi believe the UK is best placed to lead the way for innovation in AI?
What can the government do to ensure the public and private sectors work together most efficiently?
Why has Rishi created an entirely new division just for this? How does this change how decisions for AI and technology are made?

2. $100M Funding: The Largest Government Funding in the World:

Why did Rishi decide to allocate the largest pool of capital of any nation toward AI safety?
What is the strategy for the $100M? How will it be invested? Who will manage it?
What are the challenges and opportunities in setting up this $100M funding program?

3. Education: Attracting the Best in the World:

What has Rishi done to ensure the best talent in the world, wants to and can work in the UK?
What new initiative has Rishi put in place to ensure the world's brightest students can freely move to and work in the UK?
What can be done to ensure the UK continues to foster the same level of homegrown talent that we always have done? What can we do to improve our current education system for AI even further?
Why does Rishi believe one of the greatest opportunities for AI lies in education and teaching?

4. Making Regulation Work Effectively:

How does Rishi think about creating regulation which is both effective and not prohibitive?
What can we do to create a government that moves at the speed of business?
What does Rishi believe are the biggest mistakes made in regulatory provisions? What are we doing to avoid them with AI in the UK?

Transcript

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0:00.0	It's important that I restore people's trust in politics.
0:03.3	I want to change how politics is done.
0:05.6	So people believe in their politicians, believe in their prime minister, believe in their
0:09.0	government and believe that they're doing the right thing, but also genuinely able to make
0:13.2	a difference to their lives.
0:14.8	Our new task force, AI task force, there's £100 million, which means that we're investing
0:19.5	more in safety research for AI than any government anywhere in the world.
0:23.8	This is 20VC with me, Harry Stebbings, and going to Downing Street and sitting down with our Prime Minister Rishi Sunak for this discussion.
0:30.5	Honestly, it was one of the greatest honours that I've had since starting 20VC over 8 years and 3,000 episodes ago.
0:36.9	I want to say huge thank you to Rishi for making the time and his team for all they did behind the scenes to make this happen.
0:42.3	What an incredible discussion it is as part of London Tech Week.
0:45.3	And so without further ado, I'm thrilled to welcome Prime Minister Rishi Sunak.
0:50.3	Three, two, one, zero.
0:55.0	You have now arrived at your destination.
0:58.0	Rishi, I am so excited to do this.
1:00.0	We last did this in COVID on Zoom.
1:02.0	To do this in person is such a joy, so thank you so much for doing this one.
1:05.0	No, it's great to see you.
1:07.0	Welcome to Danny.
1:08.0	It's lovely to finally meet.
1:09.0	I want to start there.
1:10.0	I think parents shape us in so many ways. When you think back to your childhood and your parents, how do you think
	...

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