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UKTN | The Podcast

Why there’s no need to fear an AI winter – Calum Chace, Conscium

UKTN | The Podcast

UKTN

Technology, Entrepreneur, Tech, Business, Hr, Sales, Uktech, Investing, Funding, Entrepreneurship, Marketing

56 Ratings

🗓️ 22 September 2025

⏱️ 31 minutes

🧾️ Download transcript

Summary

Calum Chase, co-founder of Conscium, discusses why fears of an AI winter have been greatly exaggerated, why the industry has surpassed the hype phase and will continue to grow and the transformational impacts already happening and those yet to come. 

Conscium is a research organisation focused on applied AI consciousness. The group was founded to explore the questions of the nature of consciousness and how that can apply to AI technology. 

Transcript

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0:00.0

There is not going to be another AI winter,

0:09.0

and the simple reason for that is that AI now makes money.

0:13.0

Open AI and Tropic have gone from having no revenue to having massive revenues in a small amount of time.

0:22.4

I think that we shouldn't be horrified,

0:25.0

we should be anxious,

0:26.4

and we should prepare.

0:28.4

A world in which machines do all the jobs

0:30.9

could be a great world,

0:32.2

because frankly, most people don't really enjoy their job.

0:38.0

So how, in a post-economic singularity world does all the wealth being created by American and

0:45.1

Chinese companies get shared globally?

0:47.0

That's a very, very big challenge.

0:49.0

And it's something that we should be thinking about much more than we are.

0:54.0

From the first time founders to the funds that back them, innovation needs different.

0:59.5

Our episode partner, HSBC Innovation Banking, is proud to accelerate growth for tech and

1:05.4

life science businesses, creating meaningful connections and opening up a world of opportunity

1:10.5

for entrepreneurs and investors alike.

1:13.6

Discover more at www.h.hsbc InnovationBanking.com slash EN-GB.

1:23.6

Hello and welcome to the UKTM podcast, a weekly chat with the movers and shakers of the UK tech industry and the destination for all things UK tech related.

1:33.7

I'm your host, Jane Wakefield, and today I am joined by Callum Chase, co-founder of Conscium, a research lab dedicated to understanding conscious AI and a globally recognized AI speaker and author. Welcome,

1:47.3

Callum. Hi, Jane. Lovely to be here. Now, AI, oh my goodness, there's so many avenues we could go down

1:52.8

when we're talking about this topic. It does seem to be as confusing as it is enlightening at the moment.

...

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