I long for a US-like entrepreneurial attitude here in the UK. Business people here think that they are playing zero sum games. Everyone looks to the govt for funding and direction.
I am reflecting on Deepmind. This company saw the AI revolution before anyone else. London based. They did an amazing job. Sold to Google. The problem is that long term the growth and money now goes back to the US. Maybe the UK is just too small to produce world leading companies.
The UK already has world-leading companies (as do many smaller countries), but it's very very hard to produce planet-scale wide-appeal consumer companies dur to market size. Even if it does happen, the temptation to appeal more and more to the US market is irresistable.
I'm sure it's not nothing, but to what extent does it matter that Alphabet is headquartered in the US? Deepmind seems to still be based in Kings Cross - and London benefits.
I am reflecting on Deepmind. This company saw the AI revolution before anyone else. London based. They did an amazing job. Sold to Google. The problem is that long term the growth and money now goes back to the US. Maybe the UK is just too small to produce world leading companies.