. The EU warned reneging on this agreement could wreck ongoing trade talks, boosting the chances of a no-deal.The tech industry source and a well-connected tech lobbyist both said that Cummings was not in regular contact with leading figures in the UK startup ecosystem. Instead, Cummings is thought to rely on his own reading around technology and a small cabal of close advisors. "Cummings is not really a startup guy," one of them said.
"People around Cummings feel it was a disaster of historic proportions to allow Google to buy DeepMind, and that the government should have bought it or allowed it enough capital to operate independently," the industry source. "These two examples weigh very heavily." . "Are we assuming the UK government is a better custodian than Google? It's a bit of a simplistic way of thinking about technology."Both sources said Cummings was correct that state aid rules had sometimes prevented the government or government-backed entities from putting money directly into tech firms. For example, the UK's state-funded innovation agency, Innovate UK, is limited in the way it can issue grants to prospective tech champions, one of the people said.
And the rest of Britain is without job, or low wage job😅
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