> Deepmind I can undertand, as it was early days and no guarantee of success?
Its companies with no guarantee of success that are the future innovators. Look at how important Deepmind's field has become.
> But UK sells nearly everything - we need ongoing foreign investment.
and then we complain about the resulting trade deficit! You cannot have both - it literally does not add up.
>Its companies with no guarantee of success that are the future innovators. Look at how important Deepmind's field has become.
Most don't succeed, and DeepMind needed levels of money that would have taken the bulk of the Uk pot. Also no guarantees that a uk only based DeepMind would have succeeded in the same way as a Deepmind with multiple locations and able to use the Google Halo to attract staff.
Also the paper Attention is all you need was release by Google Brain researchers, not Deepmind.
UK backed Graphene financially stating it would take over the world, but it failed to succeed commercially.