Why London is a global tech problem solver – Michael Mainelli, Lord Mayor of the City of London

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5 • 6 Ratings

🗓️ 24 June 2024

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

Michael Mainelli, Lord Mayor of the City of London, discusses why the UK capital is a global problem solver, explains why he believes politicians have launched AI regulations “without doing their homework”, and why space junk is a growing problem.

The Lord Mayor of the City of London is the head of the City of London Corporation, the governing body of the Square Mile. The Lord Mayor is elected annually and is an international ambassador for the UK’s financial and professional services sector. Mainelli, who is the 695th Lord Mayor of the City of London, was previously elected Sheriff of the City of London in 2019. The American-born British scientist, economist and accountant is also chairman of the consultancy firm Z/Yen. In this episode, Mainelli shares his view on reforms aimed at encouraging pension fund cash into listed companies and how the City is really doing since Brexit.

Transcript

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0:00.0	So this city, strictly speaking, is doing well.
0:09.0	The tech firms and such are, in my opinion, getting a reasonably appropriate amount of investment.
0:16.0	So when we saw politicians waking up to AI, sort of November 22 due to CHAPGPT, it was a little bit difficult to swallow.
0:29.6	If you want to stop human trafficking or you want to stop deforestation or you want to stop climate change,
0:38.3	you need space.
0:43.3	From the first time founders to the funds that back them, innovation needs different.
0:50.3	Our episode partner, HSBC Innovation Banking, is proud to accelerate growth for tech and life science businesses, creating meaningful connections and opening up a world of opportunity for entrepreneurs and investors alike.
1:04.5	Discover more at www.h.hsbc Innovationbanking.com slash EN-GB.
1:16.5	Hello and welcome to the UKTN podcast, a weekly chat with the movers and shakers of the UK
1:24.1	tech industry and the destination for all things UK tech related.
1:28.3	I'm your host, Jane Wakefield, and joining me this week is Michael Manelli, who is the 695th Lord Mayor of the City of London.
1:37.3	Welcome, Michael.
1:38.3	Jane, great to be with you.
1:40.3	Now, that sort of title in itself, isn't it?
1:42.3	Impressive one. The fact that you are 695th in line is also impressive.
1:49.1	But for a lot of people, when they think of the Lord Mayor of the City of London, they will
1:53.3	think of processions and carriages and dragalia and not much else.
1:58.3	But of course, that's a very small part of the role, isn't it?
2:01.0	So talk us through what else is involved.
2:03.9	Well, probably the first thing is to define the city.
2:05.9	And I like to call the city the world's oldest democratic workers and residents cooperative.
2:10.4	And that's really what we are.
	...

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