Brexit Penny Dropping?

[The Voice of Reason]

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Edited 2 hours ago by The Voice of Reason

[The Voice of Reason]

Brexit Britain winning tech race with EU, admits Clegg

Former deputy prime minister, an arch-Remainer, says bloc ‘risks falling behind’ because of ‘incoherent’ red tape

 

 

 

Sir Nick Clegg has admitted that Brexit Britain is beating the European Union in the race to develop new technology.

The former deputy prime minister, an arch-Remainer, said the EU “risks falling behind” on new technology because of its “incoherent” red tape. Senior Eurosceptics claimed the remarks showed that even Europhiles were being forced to “recognise the advantage” of leaving the bloc.

Sir Nick made his comments as Meta, the social media giant for which he now works, announced that it is to start training its new artificial intelligence model in the UK and Brazil.

AI has been hailed as the next major industrial revolution, with the ability to overhaul how public services are delivered and boost the economy.

‘Complex regulation’

Sir Nick, who as the Liberal Democrat leader was a vociferous opponent of Brexit, warned that the EU risks missing out on transformative technology.

“This [training the new model in Britain and Brazil] is good news for innovation in both countries – it means we can bring our AI at Meta products to both the UK and Brazil much sooner, and that our generative AI models will understand local culture, history and idiom,” he wrote.

“Unfortunately, our plans to train our AI models to understand the EU’s rich cultural, social and historical contributions remain paused while EU regulators remain unable to agree how the law should be applied. 

“As Mark [Zuckerberg] and Daniel Ek, the CEO of Spotify, recently warned, the EU risks falling behind because of incoherent and complex regulation.”

‘EU’s innovation-killing laws’

Lord Frost, who was the UK’s chief Brexit negotiator, said: “The point of leaving the EU was to be able to run our own economy in a way that suited us best.

“That is what has happened on AI. We are out of the reach of the EU’s innovation-killing laws and able to set our own. It is at least honest of an opponent of Brexit like Nick Clegg to recognise the advantage that gives us.”

In a joint article last month, Mr Zuckerberg, the founder of Meta, which owns Facebook and Instagram, and Mr Ek criticised Brussels over its “risk-averse” laws.

They warned: “Without urgent changes, European businesses, academics and others risk missing out on the next wave of technology investment and economic-growth opportunities. Europe’s risk-averse, complex regulation could prevent it from capitalising on the big bets that can translate into big rewards.

“The stark reality is that laws designed to increase European sovereignty and competitiveness are achieving the opposite. This isn’t limited to our industry. Many European chief executives, across a range of industries, cite a complex and incoherent regulatory environment as one reason for the continent’s lack of competitiveness.”