One of the founding investors in DeepMind has warned that UK taxpayers will miss out on billions of pounds in revenue from a pioneering protein breakthrough because of the sale of the technology company to Google six years ago.
Humayun Sheikh, one of the founding investors in DeepMind, the London-based artificial intelligence company now owned by Google-owner Alphabet, said the news this week that it had cracked the 50-year-old scientific puzzle of protein folding was a sign that it was now looking at more commercial opportunities.
"What they had set out to do was artificial general intelligence, and this is a completely different route."
He said Google's ownership of the company means UK taxpayers miss out on tens of billions of pounds in future economic gains. "
Google's grip on DeepMind set to cost taxpayers tens of billions
Yeah, and Govt fooking about with CGT rates had nothing to do with people preferring to sell up and GTFO
