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Brexit Dividend: Dominic Cummings wants to create a “British Google”
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“Brexit is having a wee in the middle of the room at a house party because nobody is talking to you, and then complaining about the smell.” -
Originally posted by darmstadt View PostComment
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So that's why AtW has gone quiet...nudge nudge, wink wink...His heart is in the right place - shame we can't say the same about his brain...Comment
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Originally posted by TheGreenBastard View PostSimilar sentiment on the continent: France is ditching Google to reclaim its online independence | WIRED UK
It will never happen, Europeans (Brits included) arrogantly think they can create the environment that exists in SV, they can't, for a multitude of reasons.
A big part of Silicon Valley's unique success is cultural - Americans have a greater appetite for risk and this is especially true of investors. Venture capital is usually plentiful, especially in later rounds of funding.
Another reason why the UK has done relatively badly is the poor commercialisation of research and innovation coming from our top universities like Oxford, Cambridge and Imperial. Compare these to MIT and Stanford for example.
Silicon Valley had a couple of decades head start on most other countries. The concentration of capital and start up know-how attracts the brightest and the best from all over the world. So many major industrialised countries have tried to copy it but got nowhere close. Israel, despite it's relatively small size, is perhaps one of the best successes and with much of it's startup system related to defence spending, resembles the US model.Comment
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Originally posted by edison View PostTotally agree. The UK's record for financially successful tech innovation in the internet era is really quite lame when you think back to our past academic, science and engineering history.
A big part of Silicon Valley's unique success is cultural - Americans have a greater appetite for risk and this is especially true of investors. Venture capital is usually plentiful, especially in later rounds of funding.
Another reason why the UK has done relatively badly is the poor commercialisation of research and innovation coming from our top universities like Oxford, Cambridge and Imperial. Compare these to MIT and Stanford for example.
Silicon Valley had a couple of decades head start on most other countries. The concentration of capital and start up know-how attracts the brightest and the best from all over the world. So many major industrialised countries have tried to copy it but got nowhere close. Israel, despite it's relatively small size, is perhaps one of the best successes and with much of it's startup system related to defence spending, resembles the US model.
Apricot-ACT were far ahead in computer innovation even ahead of the IBM using micro-channel for the PS/2. At that time (late 80s early 90s) The UK was way ahead with Prestel, Cefax etc in the mid to late 80s. I could book airline seats in the 80s using CPM and a modem.
It got to the stage that ACT needed huge investments to compete with IBM, the only offer came from Mitsubishi which sucked up all the inactivation and took it to Japan selling off the designs to Toshiba and alike.
The UK fell way behind with IT data comms because of BT intransigence. By the time of year 2000, mainland Europe were way ahead with Internet links and the UK was still on dial-up.
These are just a couple of examples; the UK has good innovation due to clever and enthusiastic individualises but there is lack of investment because inverters want to make a quick buck rather than investing in the future."A people that elect corrupt politicians, imposters, thieves and traitors are not victims, but accomplices," George OrwellComment
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Originally posted by Paddy View PostI don't believe the UK has done badly, I believe, as usual the UK started out well but the lack of government support and in cases government obstructions has affected the UK IT industry.
Apricot-ACT were far ahead in computer innovation even ahead of the IBM using micro-channel for the PS/2. At that time (late 80s early 90s) The UK was way ahead with Prestel, Cefax etc in the mid to late 80s. I could book airline seats in the 80s using CPM and a modem.
It got to the stage that ACT needed huge investments to compete with IBM, the only offer came from Mitsubishi which sucked up all the inactivation and took it to Japan selling off the designs to Toshiba and alike.
The UK fell way behind with IT data comms because of BT intransigence. By the time of year 2000, mainland Europe were way ahead with Internet links and the UK was still on dial-up.
These are just a couple of examples; the UK has good innovation due to clever and enthusiastic individualises but there is lack of investment because inverters want to make a quick buck rather than investing in the future.Old Greg - In search of acceptance since Mar 2007. Hoping each leap will be his last.Comment
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Originally posted by edison View PostTotally agree. The UK's record for financially successful tech innovation in the internet era is really quite lame when you think back to our past academic, science and engineering history.
A big part of Silicon Valley's unique success is cultural - Americans have a greater appetite for risk and this is especially true of investors. Venture capital is usually plentiful, especially in later rounds of funding.
Another reason why the UK has done relatively badly is the poor commercialisation of research and innovation coming from our top universities like Oxford, Cambridge and Imperial. Compare these to MIT and Stanford for example.
Silicon Valley had a couple of decades head start on most other countries. The concentration of capital and start up know-how attracts the brightest and the best from all over the world. So many major industrialised countries have tried to copy it but got nowhere close. Israel, despite it's relatively small size, is perhaps one of the best successes and with much of it's startup system related to defence spending, resembles the US model.First Law of Contracting: Only the strong surviveComment
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Originally posted by Paddy View PostI don't believe the UK has done badly, I believe, as usual the UK started out well but the lack of government support and in cases government obstructions has affected the UK IT industry.
Apricot-ACT were far ahead in computer innovation even ahead of the IBM using micro-channel for the PS/2. At that time (late 80s early 90s) The UK was way ahead with Prestel, Cefax etc in the mid to late 80s. I could book airline seats in the 80s using CPM and a modem.
It got to the stage that ACT needed huge investments to compete with IBM, the only offer came from Mitsubishi which sucked up all the inactivation and took it to Japan selling off the designs to Toshiba and alike.
The UK fell way behind with IT data comms because of BT intransigence. By the time of year 2000, mainland Europe were way ahead with Internet links and the UK was still on dial-up.
These are just a couple of examples; the UK has good innovation due to clever and enthusiastic individualises but there is lack of investment because inverters want to make a quick buck rather than investing in the future.
The big challenge is that the UK and other European countries lack the scale to create new digital platforms that could go head to head with the US and China. Personally I find it hard to imagine that the UK will ever come up with a company like Facebook, Google, Air BnB, Tesla or Uber. Even with our amazing music and broadcasting heritage, we couldn't come up with anything like a Spotify or Netflix. Instead we've nailed our colours to the FinTech mast. A lot of digital banking and payments platforms have been created but it remains to be seen if any will become major global players.Comment
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Originally posted by edison View PostThe likes of Ceefax and Apricot were years before the web came along, that era is irrelevant now. If you can come up with a list of successful UK tech startups that grew into companies with sizeable revenues then the list is quite short. You've only got to look at the FTSE100 and see how few tech companies ever made it into that index. Compare that to the USA which has NASDAQ, an entire index just for tech. A few weeks ago, Apple alone was worth more than the entire FTSE100.
The big challenge is that the UK and other European countries lack the scale to create new digital platforms that could go head to head with the US and China. Personally I find it hard to imagine that the UK will ever come up with a company like Facebook, Google, Air BnB, Tesla or Uber. Even with our amazing music and broadcasting heritage, we couldn't come up with anything like a Spotify or Netflix. Instead we've nailed our colours to the FinTech mast. A lot of digital banking and payments platforms have been created but it remains to be seen if any will become major global players.
Don't forget that Linux is also, originally, Finnish...“Brexit is having a wee in the middle of the room at a house party because nobody is talking to you, and then complaining about the smell.”Comment
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Originally posted by edison View PostThe likes of Ceefax and Apricot were years before the web came along, that era is irrelevant now. If you can come up with a list of successful UK tech startups that grew into companies with sizeable revenues then the list is quite short. You've only got to look at the FTSE100 and see how few tech companies ever made it into that index. Compare that to the USA which has NASDAQ, an entire index just for tech. A few weeks ago, Apple alone was worth more than the entire FTSE100.
The big challenge is that the UK and other European countries lack the scale to create new digital platforms that could go head to head with the US and China. Personally I find it hard to imagine that the UK will ever come up with a company like Facebook, Google, Air BnB, Tesla or Uber. Even with our amazing music and broadcasting heritage, we couldn't come up with anything like a Spotify or Netflix. Instead we've nailed our colours to the FinTech mast. A lot of digital banking and payments platforms have been created but it remains to be seen if any will become major global players."A people that elect corrupt politicians, imposters, thieves and traitors are not victims, but accomplices," George OrwellComment
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