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UK Has ‘No Chance in Hell’ of Making Its Own Tech Champs: ARM Founder

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Re: UK Has ‘No Chance in Hell’ of Making Its Own Tech Champs: ARM Founder

#31

Post by Aunche »

fooker wrote: post #11
Zigurd wrote: post #6

Earlier quoted context omitted.

No nation, anywhere on the planet, is by itself technologically sovereign. The ability to get by in the world is a cooperative venture for everyone, even the US. What makes first tier technological nations different is the alliances of which they are active contributing members. Those alliances make trade flow smoothly and securely. That is what creates prosperity in an interconnected world. That is especially import…

> China has one formal alliance. This is a geopolitical trope about 20 years out of date. Don’t be surprised when dozens of African and Asian countries choose China over Western interests if push comes to shove.

It's not even exclusive to developing nations. For example, Portugal tends to side with China.

Re: UK Has ‘No Chance in Hell’ of Making Its Own Tech Champs: ARM Founder

#32

Post by MisterSandman »

Doches wrote: post #2

Reading between the lines, this is actually one of the side-goals of the zombie Online Safety Bill. Require all apps with user-created content to use a UK-approved 'identity provider' for age verification, and only issue approval to a handful of home-grown companies. Et voila, a whole thriving tech /sector/ where the UK can legitimately claim to be world-leading, even if they did invent the whole thing out of whole c…

I don't think there's ever been an industry created by government nationalistic policies that hasn't eventually led to stagnation of said industry

Re: UK Has ‘No Chance in Hell’ of Making Its Own Tech Champs: ARM Founder

#33

Post by FredPret »

fooker wrote: post #11
Zigurd wrote: post #6

Earlier quoted context omitted.

No nation, anywhere on the planet, is by itself technologically sovereign. The ability to get by in the world is a cooperative venture for everyone, even the US. What makes first tier technological nations different is the alliances of which they are active contributing members. Those alliances make trade flow smoothly and securely. That is what creates prosperity in an interconnected world. That is especially import…

> China has one formal alliance. This is a geopolitical trope about 20 years out of date. Don’t be surprised when dozens of African and Asian countries choose China over Western interests if push comes to shove.

China sends a pile of money to Africa. But there is a growing disillusionment with their investments.

For example, they would promise to develop infrastructure in exchange for mineral rights. So they move in a large number of Chinese, creating zero local jobs. Then they mine out the resources as fast as possible and move out.

And right after that, the infrastructure invariably falls apart.

They can only screw so many countries before everybody catches on.

Re: UK Has ‘No Chance in Hell’ of Making Its Own Tech Champs: ARM Founder

#34

Post by lotsofpulp »

cjbgkagh wrote: post #23
rvz wrote: post #12

He's right you know. We've waited long enough for the UK to come up with one for 40 years and the only one people can think hard enough of an example is ARM, which that has become a acquisition football by NVIDIA, Softbank and having the UK government getting involved in the ordeal. (No, Imagination Technologies is also gone before you mention that.) So there are no credible candidates worthy for being a tech giant i…

Don’t forget Autonomy for $11B which turned out to be a fraud. Herman Houser and Mike Lynch are still good friends.

Amazing how slow the wheels of justice turn for rich people. He was ruled to be extraditable in summer 2021, lost his appeal in Dec 2021, the UK Home Secretary approved it in Jan 2022, and as of Sep 2022, still has not been extradited or seen a day of prison. For crimes committed in 2011 or before!

https://en.wikipedia.org/wiki/Mike_Lynch_(businessman)

Re: UK Has ‘No Chance in Hell’ of Making Its Own Tech Champs: ARM Founder

#35

Post by im3w1l »

pasabagi wrote: post #3

Reading between the lines of his quote, my guess is he's angling for some cash from the government, by securitizing the tech sector. It won't work, because the treasury feels that spending money, like eating people, is always wrong. It won't cost any politicians anything when the bits and pieces of the UK tech sector go down the pipes, because their fortunes rest entirely on house prices, and the opinions of the fine…

> It won't cost any politicians anything when the bits and pieces of the UK tech sector go down the pipes, because their fortunes rest entirely on house prices,

People want to live (and buy housing) where there are good jobs.

Re: UK Has ‘No Chance in Hell’ of Making Its Own Tech Champs: ARM Founder

#36

Post by karaterobot »

seanmcdirmid wrote: post #15
fooker wrote: post #11

Earlier quoted context omitted.

> China has one formal alliance. This is a geopolitical trope about 20 years out of date. Don’t be surprised when dozens of African and Asian countries choose China over Western interests if push comes to shove.

> Don’t be surprised when dozens of African and Asian countries choose China over Western interests if push comes to shove. And don't be surprised if they don't. Even if China has a lot of frenemies on its border in Asia, every country in Asia has some fear over China, and this often pushes them to improve their relationship with the USA (e.g. Vietnam). Even Russia and North Korea have some antagonism with China. Non…

> beyond a some loans for infrastructure made by Chinese companies.

You say that like it's not a big deal, but it is. The Belt and Road initiative precipitated major shifts in geopolitics.

Re: UK Has ‘No Chance in Hell’ of Making Its Own Tech Champs: ARM Founder

#37

Post by t43562 »

FredPret wrote: post #33
fooker wrote: post #11

Earlier quoted context omitted.

> China has one formal alliance. This is a geopolitical trope about 20 years out of date. Don’t be surprised when dozens of African and Asian countries choose China over Western interests if push comes to shove.

China sends a pile of money to Africa. But there is a growing disillusionment with their investments. For example, they would promise to develop infrastructure in exchange for mineral rights. So they move in a large number of Chinese, creating zero local jobs. Then they mine out the resources as fast as possible and move out. And right after that, the infrastructure invariably falls apart. They can only screw so many…

Zimbabwean here: our elite will take money from whoever will give it and make nice noises and when the time comes to pay it back in some way that involves and actual cost to themselves..........will find the next donor.

The Chinese (and any other country) will only get out of Africa that which they can demand today quid-pro-quo. There won't be any loyalty.

Re: UK Has ‘No Chance in Hell’ of Making Its Own Tech Champs: ARM Founder

#38

Post by smcl »

hosh wrote: post #29
seanmcdirmid wrote: post #15

Earlier quoted context omitted.

> Don’t be surprised when dozens of African and Asian countries choose China over Western interests if push comes to shove. And don't be surprised if they don't. Even if China has a lot of frenemies on its border in Asia, every country in Asia has some fear over China, and this often pushes them to improve their relationship with the USA (e.g. Vietnam). Even Russia and North Korea have some antagonism with China. Non…

1. China has been building out their railroad net for years now, both internally and reaching outwards 2. Those synergize with the loans. They are not "some" loans 3. Cultural exports have been going on for a while, though it has not been as successful as South Korea or Japan 4. China has been seriously wooing back Western-educated citizens to head R&D in a variety areas, for the past ten years or so. Quality-of-life…

Among other things, right now I don't think Quality-of-life is particularly high if you run the risk of suddenly being locked down in place or thrown in a covid hospital (friend of mine went through both, sounded very unpleasant indeed)

Re: UK Has ‘No Chance in Hell’ of Making Its Own Tech Champs: ARM Founder

#39

Post by f1shy »

giobox wrote: post #27
SilverBirch wrote: post #4

It sounds to me like he doesn't actually say that. In the article: >The UK has “no chance in hell” of becoming technologically sovereign Well which is it, having our own Tech champs or being technologically sovereign? Because they're totally different things. To be honest I'm not sure any country apart from China stands any chance of becoming technologically sovereign. Like what does that mean? Do we need to mine our…

I think it's a huge stretch to say the two concepts aren't related. To take the example of the military; we have the "military industrial complex" which is the collection of private companies that form the vital part of the state's war functions. To become technologically sovereign will require a similar basket of private companies based in your own State, unless you expect the government to be capable of all of thes…

Exactly. And I would add, it is not about producing everything, but being able, if need be, to produce it. To have enough know how inland.

Re: UK Has ‘No Chance in Hell’ of Making Its Own Tech Champs: ARM Founder

#40

Post by [deleted] »

fooker wrote: post #11
Zigurd wrote: post #6

Earlier quoted context omitted.

No nation, anywhere on the planet, is by itself technologically sovereign. The ability to get by in the world is a cooperative venture for everyone, even the US. What makes first tier technological nations different is the alliances of which they are active contributing members. Those alliances make trade flow smoothly and securely. That is what creates prosperity in an interconnected world. That is especially import…

> China has one formal alliance. This is a geopolitical trope about 20 years out of date. Don’t be surprised when dozens of African and Asian countries choose China over Western interests if push comes to shove.

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