Should the UK import AI from abroad? - Brian Mullins, CEO, Mind Foundry

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5 • 6 Ratings

🗓️ 28 January 2025

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

Brian Mullins, CEO of AI firm Mind Foundry, looks at the ethics of using AI, from how the technology should be used with precision in high-risk scenarios, as well as the economic implications of the US dominance of the industry.

Oxford-based Mind Foundry was setup to create AI responsibly from trusted scientific principles, aligning AI with human values and applying it where it is needed most in areas such as defence and insurance.

Transcript

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0:00.0	If there's a situation where the UK is automating with AI and seeing huge benefits, but all of the money that's paying for that AI is leaving the country, you don't just have an economic endpoint, you have an economic sync.
0:24.2	If I automate all of government and get more efficiency, but I do it by buying software from another country,
0:30.6	then I've accomplished nothing.
0:42.3	It's important to remember that fundraising is just the starting line.
0:52.3	From the first-time founders to the funds that back them, innovation needs different. Our episode partner, HSBC Innovation Banking, is proud to accelerate
0:57.5	growth for tech and life science businesses, creating meaningful connections and opening up a
1:02.8	world of opportunity for entrepreneurs and investors alike. Discover more at www.h.hsbcinnov Innovationbanking.com slash EN-GB.
1:18.1	Hello and welcome to the UKTM podcast, a weekly chat with the movers and shakers of the UK tech industry
1:26.1	and the destination for all things UK tech related.
1:29.9	I'm your host, Jane Whitefield, and today I'm joined by Brian Mullins, the CEO of Mind Foundry,
1:36.3	a firm spun out of Oxford University that offers AI solutions for the defence, insurance and infrastructure industries.
1:43.6	Welcome, Brian.
1:44.6	Hi, Jane. It's good to be here. Now, before we start talking about mine foundry in all things,
1:49.2	AI, I've got to ask you a question which I know will probably annoy you as an American,
1:54.3	but you can probably guess what it might be, which is that we're speaking to each other a day
1:58.6	after the inauguration of President Trump. Whatever your politics, I think we'll all agree that we're going to each other a day after the inauguration of President Trump.
2:01.6	Whatever your politics, I think we'll all agree that we're going to see an interesting
2:05.1	four years in terms of radical changes.
2:08.7	But what kind of struck me when I was watching yesterday was the number of tech CEOs that
2:14.1	were surrounding him, you know, and obviously not only surrounding him, but getting
2:17.5	roles in government, Elon Musk setting up his own department for government efficiency.
2:22.2	So I wanted to start off by just asking you, you know, how you see, you know, this new regime
	...

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