"Bonkers" Valuations: Nick Clegg on the AI Bubble and why Europe can't beat China in the AI race
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Fresh from his time in Silicon Valley and the release of his new book, How to Save the Internet, Nick joins Jenny to dismantle the "bonkers" valuations of the current AI bubble and the geopolitical "Grand Canyon" opening up between American innovation and European regulation. From the practical implications for corporate affairs to the societal dangers of "friendship as a service," this episode offers a candid look at whether AI is the new industrial revolution or just a very expensive search engine. Nick also offers some practical advice and explains why corporate leaders should stop treating AI as a "thing" to be installed and start playing with the tools to understand them as a general-purpose accelerant. He also touches on his future post-politics, post-Meta ambition to solve the lack of growth capital that forces European startups to flee to California.
This episode is hosted by Jenny Scott, partner at Apella. Jenny is a former Executive Director of Communications at the Bank of England and co-lead for Bank wide strategy. Advisor to the Governor, sat on the Bank's executive committee and risk committee. Formerly economics and politics correspondent for the BBC and presenter of the Daily Politics. Trustee of Pro Bono Economics.
You can get in touch by emailing podcast@apellaadvisors.com and please consider leaving us a review.
This podcast is produced by The Podcast Coach.
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