WEBVTT - Google EMEA Boss Talks AI, Productivity and UK Riots

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<v Speaker 1>Bloomberg Audio Studios, Podcasts, Radio News.

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<v Speaker 2>Welcome to the City of London, the City of the City,

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<v Speaker 2>the City of London. Please mind the gap between the

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<v Speaker 2>and the financial hearts of the country, the city, the City.

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<v Speaker 2>Welcome to in the City.

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<v Speaker 1>Stand clear of the doors. Welcome to in the City.

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<v Speaker 1>A podcast from Bloomberg about the story is important to

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<v Speaker 1>the City of London. I'm Francin Laqua. This week a

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<v Speaker 1>discussion of Europe's productivity problem and whether AI is perceived

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<v Speaker 1>as a silver bullet or a threat. We're joined by

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<v Speaker 1>Matt Britain, President of Google EMA. Matt, thank you so

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<v Speaker 1>much for joining us. I mean, you've ever seen Google's

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<v Speaker 1>business and opera in the region for ten years now,

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<v Speaker 1>having joined Google in two thousand and seven. Before that,

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<v Speaker 1>you worked in newspapers, technology and even road for TEAMGB

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<v Speaker 1>at the nineteen ID eight Soul Olympics. So we need

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<v Speaker 1>to talk about the Olympics. But you know, there's so

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<v Speaker 1>much about AI and people understand it. People are excited,

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<v Speaker 1>people are fearful. Where are we in this AI race?

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<v Speaker 2>Thanks for having me, and I suppose it's been my

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<v Speaker 2>joy and privilege to see how people harness technology over

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<v Speaker 2>the last twenty to thirty years, and I think, you know,

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<v Speaker 2>through that period, I think we're in the third big shift.

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<v Speaker 2>At first, I think was the birth of the Internet.

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<v Speaker 2>So I was at university and the Internet application you

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<v Speaker 2>could use was email, and it wasn't mind blowing because

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<v Speaker 2>there was somebody sitting next to me sending me the email.

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<v Speaker 2>That was where it going to come from. And then

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<v Speaker 2>when I started in the world of work, we saw

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<v Speaker 2>the birth of the World Wide Web, which is actually

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<v Speaker 2>invented as I was leaving university. And obviously I've worked

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<v Speaker 2>for twenty years in a company in roles that have

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<v Speaker 2>depended upon that innovation, but that wasn't earth shattering until

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<v Speaker 2>it became accessible to everyone. And Google's played its part

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<v Speaker 2>through Android and through Chrome and making it easy for

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<v Speaker 2>people to use the web. And now we've got this

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<v Speaker 2>AI revolution. And I suppose the way I think about

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<v Speaker 2>AI is it's about spotting patterns, making predictions and learning.

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<v Speaker 2>AI is not new. We've been working on it for

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<v Speaker 2>about ten years. And Google Translate, my favorite product, is

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<v Speaker 2>a great example of that, really understanding language well. But

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<v Speaker 2>what is new, I think is the emergence of chatbots

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<v Speaker 2>and people thinking, oh AI and chatbots are going to

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<v Speaker 2>change everything, and I think it's a much broader based

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<v Speaker 2>technology than that. So we don't yet know how it's

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<v Speaker 2>going to be harnessed, but we can begin to see

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<v Speaker 2>some of the opportunities and some of the risks of AI.

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<v Speaker 1>So, Matt, one of the industries where actually, you know,

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<v Speaker 1>AI has been applied for good is everything to do

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<v Speaker 1>with health and protein folding, and that leads to many

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<v Speaker 1>more discoveries like DeepMind.

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<v Speaker 2>Yeah, so this is one of the things I think

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<v Speaker 2>is most exciting is the scientific discovery impossibility. So there

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<v Speaker 2>were one hundred and seventy five thousand proteins. They're the

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<v Speaker 2>building blocks of life, they're essential for drug and disease research,

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<v Speaker 2>one hundred and seventy five thousand of them, where researchers

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<v Speaker 2>are painstakingly through observation come up with a three D structure.

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<v Speaker 2>And deep Minds saw the opportunity to use AI that

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<v Speaker 2>spots patterns, makes predictions and learns to uncover the three

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<v Speaker 2>D structure of all the proteins, and in a matter

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<v Speaker 2>of months they did just that. So we went from

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<v Speaker 2>one hundred and seventy five thousand to two hundred and

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<v Speaker 2>fourteen million and we chose to make that available for

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<v Speaker 2>free in a database so that anyone researching a disease

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<v Speaker 2>or looking at drug discovery can use it. And today

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<v Speaker 2>two million people are using the database of proteins in

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<v Speaker 2>their day to day work, and I think that means

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<v Speaker 2>we'll see faster disease research, drug discovery, and breakthroughs that

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<v Speaker 2>are for the general good. That's something we made available

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<v Speaker 2>for free, and I feel proud of that because it's

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<v Speaker 2>built on the back of all that painstaking research. We

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<v Speaker 2>also have Isomorphic Labs, which is a commercial venture, and

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<v Speaker 2>we're working in partnerships with Novarta and other drug companies

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<v Speaker 2>to look at commercial opportunities to bring those discoveries to market.

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<v Speaker 1>Mattter, how difficult is it to decide what it goes

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<v Speaker 1>out in the open world so that everyone can use

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<v Speaker 1>the underlying models, and how much you want to keep

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<v Speaker 1>it at it for Google?

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<v Speaker 2>Yeah, So what we did with Alpha fold and now

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<v Speaker 2>I'm proud of this, you know, and Google's history is

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<v Speaker 2>always about trying to be open about innovation. When you

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<v Speaker 2>think about search, it's connecting to your website, not ours.

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<v Speaker 2>What we did was we said, well, you know, we've

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<v Speaker 2>built this on the hard work of all those people

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<v Speaker 2>who got to the one hundred and seventy five thousand proteins,

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<v Speaker 2>and it's too important a discovery to keep behind a paywall,

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<v Speaker 2>so we made it available to everyone. Now. We also

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<v Speaker 2>have a commercial operation called Isomorphic Labs that's looking, as

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<v Speaker 2>others are to sort of exploit those those databases to

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<v Speaker 2>try to find commercial opportunities, and we're working with Novartis

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<v Speaker 2>and other farmer companies to do that because obviously you're

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<v Speaker 2>going to need to commercialize these things too. So I

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<v Speaker 2>think that's a smart but generous way of operating in

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<v Speaker 2>this space, and that.

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<v Speaker 1>Of course changes vaccines, that changes the way we do trials.

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<v Speaker 1>Is there a part Is there an industry that's not

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<v Speaker 1>been disrupted yet by AI that you think? Well?

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<v Speaker 2>I mean from sine, I think we're at an incredibly

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<v Speaker 2>early stage here, And you know, I talk a lot

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<v Speaker 2>of business leaders as you do, and to governments, and

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<v Speaker 2>I think last year was like the wow, you know,

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<v Speaker 2>oh my god, this is amazing. Have you tried this yet?

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<v Speaker 2>Et cetera. People could see for the first time in

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<v Speaker 2>their practical ways, this is quite capable. But now we're

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<v Speaker 2>into the how, and we're relatively short of concrete case

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<v Speaker 2>studies yet of the genuine positive impact all the risks

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<v Speaker 2>that can come right, but we're starting to see them

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<v Speaker 2>so in an interesting area. So you know, one example

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<v Speaker 2>that many of your listeners will sort of be aware of.

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<v Speaker 2>If you think about fraud and money laundering in the

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<v Speaker 2>banking sector, it's something like a two trillion dollar problem globally.

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<v Speaker 2>And our team worked with HSBC spotting patterns, making predictions

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<v Speaker 2>and learning to identify patents that could be fraudulent transactions,

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<v Speaker 2>and they were able to massively reduce false positives but

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<v Speaker 2>massively increase the number of potential transactions to look at.

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<v Speaker 2>And so that's a good example of applying this technology

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<v Speaker 2>in a very practical way that can create value.

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<v Speaker 1>When you speak to a lot of the banking chief executives,

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<v Speaker 1>they'll say units thanks to us that we spotted a pattern,

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<v Speaker 1>for example, on the algorithm that led to a stopping

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<v Speaker 1>a fraudulent case trying to get access money in a

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<v Speaker 1>central bank, and the other that is great. It also

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<v Speaker 1>means that you can replicate a voice pattern to access

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<v Speaker 1>money when it's not needed.

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<v Speaker 2>Technology is a tool and it can be used for

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<v Speaker 2>good and it can be used for ill and I

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<v Speaker 2>think we need to be really cognizant of that when

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<v Speaker 2>we're designing and building things, to try to sort of

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<v Speaker 2>factor in things that make it harder to use it

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<v Speaker 2>for ill. But also we need rules and regulations, and

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<v Speaker 2>that's why things like the AI Act in Europe are important.

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<v Speaker 2>It's too important not to regulate AI and it needs

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<v Speaker 2>to be regulated well, and that means sort of being dynamic,

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<v Speaker 2>you know. The way to think about regulating AI is

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<v Speaker 2>to think about the benefits that are possible and then

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<v Speaker 2>how do we protect against the risks. And another example

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<v Speaker 2>we're working on is breast cancer screening. Right, so one

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<v Speaker 2>in seven women in their lives are going to be

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<v Speaker 2>affected by breast cancer, and yet access to mammograms and

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<v Speaker 2>simple diagnostic knostic technology is limited and so spotting patterns,

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<v Speaker 2>making predictions learning. We work with the NHS here in

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<v Speaker 2>the UK to look at thousands of mammograms, train and AI.

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<v Speaker 2>Now the AI can diagnose the science of breast cancer

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<v Speaker 2>as well as a clinician. It does not mean that

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<v Speaker 2>clinicians are irrelevant. Actually, what it means is you come

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<v Speaker 2>in and you get an answer quicker. It means that

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<v Speaker 2>clinicians can help on the edge cases and the people

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<v Speaker 2>need treatment, and so the outcomes for patients and clinicians

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<v Speaker 2>are both better. And I think that's a good and

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<v Speaker 2>we're in the process of looking at how to scale

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<v Speaker 2>and roll that out. That's a good example of how

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<v Speaker 2>I think AI will work. It's humans and technology working

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<v Speaker 2>to get better outcomes as a result of the collaboration

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<v Speaker 2>and partnerships. I think the brand AI isn't a very

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<v Speaker 2>helpful thing. It's a set of tools that are smarter

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<v Speaker 2>and different from some of the tools we've had.

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<v Speaker 1>But is there a danger in Europe regulation at the

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<v Speaker 1>stifles innovation because if you regulate too quickly then you

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<v Speaker 1>don't know where it could go.

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<v Speaker 2>Yeah, I think there's a real danger of that. We

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<v Speaker 2>do need regulation, and the regulation needs to be clear

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<v Speaker 2>on the sort of rules of the road. But if

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<v Speaker 2>you look in Europe. In the EU, over the last

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<v Speaker 2>five years, there have been over one hundred pieces of

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<v Speaker 2>regulation around digital technology one hundred and those pieces of

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<v Speaker 2>regulation typically are implemented in different ways at different speeds

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<v Speaker 2>in all the twenty seven member states. Now think about

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<v Speaker 2>that as a barrier to innovation for a moment, that's

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<v Speaker 2>really hard to contend with and you might say, actually,

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<v Speaker 2>it's something which makes it particularly hard for startups and

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<v Speaker 2>scale ups or European single country companies, whereas a large

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<v Speaker 2>organization like a Google or a Microsoft can absorb some

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<v Speaker 2>of the costs of doing that. But even for us,

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<v Speaker 2>you know, and our competitors, we've had to slow down

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<v Speaker 2>the launchers of some of our AI based product products

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<v Speaker 2>in Europe. So what's the right thing for the European consumer?

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<v Speaker 2>You know, it's interesting Mario Draugi, who's I think really

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<v Speaker 2>well respected, is working on a proposal for the EU

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<v Speaker 2>around competitiveness. So one of the big opportunities of AI,

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<v Speaker 2>I think is can it help us get more people

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<v Speaker 2>into work, help people be more productive and drive growth

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<v Speaker 2>which we all need.

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<v Speaker 1>Is it difficult and too complex to understand what the

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<v Speaker 1>roles of tomorrow will be with the jobs of tomorrow.

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<v Speaker 2>We're in a moment where the headlines about you know,

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<v Speaker 2>what could happen to work almost write themselves, and you know,

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<v Speaker 2>jokingly you might say they can write themselves and you

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<v Speaker 2>just put a prompt in, but nobody really knows. And actually,

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<v Speaker 2>again it's an opportunity for us to seize the moment,

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<v Speaker 2>and so how do we want the world of work

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<v Speaker 2>to be? You know, I think there's lots of drudgery

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<v Speaker 2>work that none of us would really like to do it,

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<v Speaker 2>and our jobs that can go away, you know. And

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<v Speaker 2>there are many technologies that we use today that people

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<v Speaker 2>feared when they came in but actually just made us

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<v Speaker 2>much more productive. So I think for most jobs, the

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<v Speaker 2>most likely outcome is you'll be more productive. You'll be

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<v Speaker 2>able to spend more time on things that only humans

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<v Speaker 2>can do, like what So I think, you know, think

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<v Speaker 2>about your work, you know, think about your work before

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<v Speaker 2>the advent of the internet, and how easy it is

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<v Speaker 2>now for you to research stories, to find leads, to

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<v Speaker 2>reach out to contacts. How do you think about your

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<v Speaker 2>work tomorrow? Well, you know, we have a product called

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<v Speaker 2>Notebook LM where you can put in a whole bunch

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<v Speaker 2>of files that you might be researching, videos, audio, transcripts,

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<v Speaker 2>and then you can ask questions of the AI about

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<v Speaker 2>specifically those those documents and artifacts that you feed in

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<v Speaker 2>and that can really help you synthesize, get summaries and

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<v Speaker 2>so on. So I think, you know, that's a small example,

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<v Speaker 2>but an example of how new, more powerful tools will

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<v Speaker 2>help you to do you do your work differently.

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<v Speaker 1>Matt when you look at, you know, some of the

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<v Speaker 1>public services. I keep on being told by heads of

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<v Speaker 1>the departments that actually their computers don't even match, you know,

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<v Speaker 1>and this is not necessarily NHS, this is other parts

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<v Speaker 1>where they should match. So is there a danger that

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<v Speaker 1>in an already divided society where some people have a

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<v Speaker 1>lot and others don't, that this you know, social divide

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<v Speaker 1>will grow even bigger with AI if we don't think

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<v Speaker 1>about it holistically. I guess yeah.

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<v Speaker 2>One of the things that most exercises is, you know,

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<v Speaker 2>over the long term, do the divisions within countries and

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<v Speaker 2>across countries widen? And I think technology historically has actually

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<v Speaker 2>helped us if you look at the long view, has

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<v Speaker 2>helped us to sort of see millions, billions of people

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<v Speaker 2>lifted out of poverty. We're at an all time high,

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<v Speaker 2>I think in terms of women's education and so on

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<v Speaker 2>and so forth. So sometimes the big picture misses the small.

0:11:21.800 --> 0:11:24.440
<v Speaker 2>But you're absolutely right, we need to avoid it haves

0:11:24.480 --> 0:11:27.840
<v Speaker 2>and haves, not situation with technology. What's kept me working

0:11:27.840 --> 0:11:29.480
<v Speaker 2>at Google for so long is, you know, we're all

0:11:29.520 --> 0:11:32.800
<v Speaker 2>about making technology work for everyone. You know, whether you

0:11:32.840 --> 0:11:36.200
<v Speaker 2>can type or spell, doesn't matter, whatever language you speak

0:11:36.240 --> 0:11:38.760
<v Speaker 2>doesn't matter. We want it to work for you. And

0:11:38.800 --> 0:11:40.680
<v Speaker 2>I think with AI it's the same. We need to

0:11:40.679 --> 0:11:42.920
<v Speaker 2>really think about how do we harness technology for everyone.

0:11:43.360 --> 0:11:45.960
<v Speaker 2>What the opportunity is. Well, you know, today somebody without

0:11:45.960 --> 0:11:49.160
<v Speaker 2>a formal education can now write almost as well as you,

0:11:49.200 --> 0:11:51.480
<v Speaker 2>and I could probably not quite as well as you,

0:11:51.520 --> 0:11:53.000
<v Speaker 2>but as well as I could much better. That's a

0:11:53.040 --> 0:11:55.880
<v Speaker 2>huge that's a huge opportunity. I can communicate with somebody,

0:11:55.920 --> 0:11:57.640
<v Speaker 2>you know in Thailand and I don't speak type, but

0:11:57.679 --> 0:12:00.160
<v Speaker 2>I can communicate in pretty good tie now thanks to

0:12:00.200 --> 0:12:02.800
<v Speaker 2>these tools. So you think about that. I actually think

0:12:02.800 --> 0:12:05.360
<v Speaker 2>we're going to see an opportunity for many people who

0:12:05.400 --> 0:12:08.880
<v Speaker 2>don't have access to the formal education sector to participate

0:12:08.960 --> 0:12:10.640
<v Speaker 2>much more fully in the world of work.

0:12:10.960 --> 0:12:13.840
<v Speaker 1>Whose job is it to think about retraining? Is it

0:12:13.880 --> 0:12:19.079
<v Speaker 1>private companies, is it actors like you and other AI proponents,

0:12:19.200 --> 0:12:20.120
<v Speaker 1>or is it governments?

0:12:20.280 --> 0:12:22.280
<v Speaker 2>I always think about three words when I think about this.

0:12:22.480 --> 0:12:25.680
<v Speaker 2>It's bold, responsible, and together. So bold is about making

0:12:25.720 --> 0:12:28.200
<v Speaker 2>sure we pursue the biggest benefits of innovations, and we've

0:12:28.200 --> 0:12:30.680
<v Speaker 2>talked to some of them. Responsible is about from the

0:12:30.720 --> 0:12:34.400
<v Speaker 2>start thinking about misuse mistakes and how we kind of

0:12:34.400 --> 0:12:36.760
<v Speaker 2>design that out and create the rules of the road.

0:12:37.240 --> 0:12:39.640
<v Speaker 2>But then together, and I think that's the most important bit.

0:12:39.679 --> 0:12:41.640
<v Speaker 2>You know, when you look at these sort of scientific breakthroughs,

0:12:41.679 --> 0:12:44.400
<v Speaker 2>it's not our job, and it can't be fully government's job,

0:12:44.440 --> 0:12:47.120
<v Speaker 2>and it's not the individual's job. It's a collaboration. So

0:12:47.160 --> 0:12:50.680
<v Speaker 2>you need government and companies and communities to work together

0:12:51.000 --> 0:12:53.600
<v Speaker 2>to harness technology for good, to decide what the rules

0:12:53.600 --> 0:12:55.760
<v Speaker 2>of the road are. You know, governments have to regulate.

0:12:55.880 --> 0:12:58.640
<v Speaker 2>That tends to be a slower process, but principles and

0:12:58.679 --> 0:13:01.720
<v Speaker 2>responsibilities can be and there companies come up with codes

0:13:01.720 --> 0:13:04.040
<v Speaker 2>of practice and can be scrutinized, and that's an important

0:13:04.080 --> 0:13:07.160
<v Speaker 2>thing there. But then communities actually are the places where

0:13:07.160 --> 0:13:09.480
<v Speaker 2>you really want to define what is and isn't acceptable,

0:13:09.480 --> 0:13:11.520
<v Speaker 2>and those things can vary across countries.

0:13:11.559 --> 0:13:14.360
<v Speaker 1>As we know, we've seen some pretty extraordinary pictures on

0:13:14.520 --> 0:13:17.880
<v Speaker 1>the riots in the UK. How far does the responsibility

0:13:17.920 --> 0:13:20.079
<v Speaker 1>go for some of the tech platforms, some of the

0:13:20.120 --> 0:13:23.960
<v Speaker 1>social media actors to keep that in check with disinformation.

0:13:24.559 --> 0:13:26.280
<v Speaker 2>I mean, at first I want to say that Hart

0:13:26.360 --> 0:13:28.960
<v Speaker 2>goes out to families in the community in Southport who

0:13:29.000 --> 0:13:32.800
<v Speaker 2>are affected by that horrible attack at the start of this,

0:13:33.240 --> 0:13:36.400
<v Speaker 2>and then we've seen this series of riots across the countries,

0:13:36.640 --> 0:13:39.880
<v Speaker 2>sort of somewhat disconnected from the reality of that. Of course,

0:13:39.960 --> 0:13:41.720
<v Speaker 2>you know, I think the real world and the internet,

0:13:42.000 --> 0:13:43.560
<v Speaker 2>or the real world and the digital world are the

0:13:43.600 --> 0:13:48.000
<v Speaker 2>same place and the same rules should apply, and the

0:13:48.080 --> 0:13:51.000
<v Speaker 2>role of media, both social and traditional media in this

0:13:51.040 --> 0:13:53.680
<v Speaker 2>is something we should be looking at. How do we

0:13:53.720 --> 0:13:57.199
<v Speaker 2>deal with this? Google, I suppose you know two things. One,

0:13:57.600 --> 0:13:59.839
<v Speaker 2>Search is often the place that people come to try

0:13:59.880 --> 0:14:01.839
<v Speaker 2>and find out the truth, and that's why we work

0:14:01.920 --> 0:14:05.440
<v Speaker 2>with news organizations around the world on search and on YouTube,

0:14:05.440 --> 0:14:07.640
<v Speaker 2>so that when you ask about news, you're pointed to

0:14:07.679 --> 0:14:10.280
<v Speaker 2>credible news sources. Now there's a difference of views across

0:14:10.280 --> 0:14:12.560
<v Speaker 2>those news sources, but you can find a selection and

0:14:12.600 --> 0:14:15.080
<v Speaker 2>that's a key role that we play, and that's why

0:14:15.080 --> 0:14:18.800
<v Speaker 2>we work so closely with news organizations. Second thing for us, though,

0:14:18.840 --> 0:14:21.480
<v Speaker 2>is to have policies that are clear about what we

0:14:21.720 --> 0:14:23.800
<v Speaker 2>will and will not allow on our platforms. On something

0:14:23.840 --> 0:14:26.800
<v Speaker 2>like hate speech. It's not easy, so people would say,

0:14:26.840 --> 0:14:28.960
<v Speaker 2>you know, on YouTube, you know, you seem to be

0:14:28.960 --> 0:14:31.640
<v Speaker 2>pretty good at keeping it clear of pornography, but actually

0:14:31.680 --> 0:14:33.720
<v Speaker 2>if you ask people in the street, you have pretty

0:14:33.760 --> 0:14:36.320
<v Speaker 2>clear agreement on what was and was not pornographic. But

0:14:36.400 --> 0:14:39.120
<v Speaker 2>on something like hate speech or incitement of violence, there

0:14:39.120 --> 0:14:41.640
<v Speaker 2>are lots and lots of shades of gray. And about

0:14:41.640 --> 0:14:44.120
<v Speaker 2>ten years ago we had a real challenge on YouTube

0:14:44.120 --> 0:14:46.840
<v Speaker 2>with videos and across the web, but YouTube as well,

0:14:47.200 --> 0:14:51.440
<v Speaker 2>videos that were about sort of inciting extremist behavior, hate

0:14:51.440 --> 0:14:53.760
<v Speaker 2>speech and so on. And we work with one hundred

0:14:53.760 --> 0:14:57.480
<v Speaker 2>and fifty expert organizations to come up with policies which

0:14:57.480 --> 0:15:01.240
<v Speaker 2>we then had people classify video. We then use the

0:15:01.320 --> 0:15:05.600
<v Speaker 2>classified videos to train AI and then we published transparently

0:15:05.640 --> 0:15:08.080
<v Speaker 2>how successful we are. So I can say that today

0:15:08.240 --> 0:15:12.040
<v Speaker 2>over ninety percent of videos that violate our violent extremism

0:15:12.120 --> 0:15:15.080
<v Speaker 2>policies never get seen by a single human, and then

0:15:15.080 --> 0:15:16.920
<v Speaker 2>the rest of them we can take action very quickly.

0:15:16.960 --> 0:15:19.880
<v Speaker 2>So in the case of the UK, our teams are

0:15:20.160 --> 0:15:23.840
<v Speaker 2>able to move quickly to remove violative videos and channels

0:15:23.880 --> 0:15:24.360
<v Speaker 2>than they've done.

0:15:24.400 --> 0:15:27.120
<v Speaker 1>So how difficult is it to actually know where this

0:15:27.160 --> 0:15:29.960
<v Speaker 1>piece of disinformation comes from? If it's from a state actor,

0:15:30.520 --> 0:15:33.760
<v Speaker 1>is it more difficult for Google to channel than if

0:15:33.760 --> 0:15:34.640
<v Speaker 1>it's from an individual?

0:15:34.760 --> 0:15:36.600
<v Speaker 2>Yeah, So if a zoom out from the UK situation

0:15:36.680 --> 0:15:39.000
<v Speaker 2>for a minute. What we see is, yes, there are

0:15:39.400 --> 0:15:41.960
<v Speaker 2>an array of actors who try to intervene in the

0:15:42.000 --> 0:15:45.560
<v Speaker 2>democratic process for example. So you know, we have a

0:15:45.760 --> 0:15:49.800
<v Speaker 2>team that looks after election integrity across our platforms and

0:15:49.880 --> 0:15:53.480
<v Speaker 2>in the recent EU elections, they're absolutely working closely with

0:15:53.520 --> 0:15:56.200
<v Speaker 2>the election authorities training people on how to use the tools,

0:15:56.480 --> 0:15:59.040
<v Speaker 2>et cetera. And we have a threat analysis group that

0:15:59.080 --> 0:16:02.760
<v Speaker 2>shares with governments and key agencies. What we're seeing because

0:16:02.960 --> 0:16:04.880
<v Speaker 2>we've got lots of popular products, so we see lots

0:16:04.920 --> 0:16:07.160
<v Speaker 2>of attacks. Well, I can say is in the EU

0:16:07.240 --> 0:16:11.280
<v Speaker 2>elections actually it was sort of more old style attacks.

0:16:11.400 --> 0:16:14.200
<v Speaker 2>I think Microsoft suffered some attacks on accounts for example,

0:16:14.800 --> 0:16:16.920
<v Speaker 2>rather than that was feared. You know a lot of

0:16:17.080 --> 0:16:20.920
<v Speaker 2>fake AI generated imagery. But just as we have tools

0:16:20.920 --> 0:16:25.280
<v Speaker 2>that people can use to generate with AI fakery, the

0:16:25.360 --> 0:16:28.480
<v Speaker 2>technology we've got to be able to detect it is accelerating.

0:16:28.520 --> 0:16:30.240
<v Speaker 2>And so we've been using AI on YouTube, as I

0:16:30.320 --> 0:16:35.160
<v Speaker 2>just mentioned, extensively for years to classify and address videos.

0:16:36.080 --> 0:16:39.840
<v Speaker 1>Are we over estimating how quickly some of the AI

0:16:39.920 --> 0:16:42.720
<v Speaker 1>products will take over? We had this amazing interview with

0:16:42.760 --> 0:16:45.440
<v Speaker 1>the Bumble founder and she was saying, you know, for dating,

0:16:45.480 --> 0:16:47.880
<v Speaker 1>for example, you're going to have a personal assistant that

0:16:47.960 --> 0:16:50.840
<v Speaker 1>kind of dates for your online and then reports back

0:16:50.880 --> 0:16:53.960
<v Speaker 1>on who's a super suitable match. I mean that feels

0:16:54.000 --> 0:16:54.640
<v Speaker 1>like science fiction.

0:16:55.240 --> 0:16:57.480
<v Speaker 2>I don't know, bumble, I should just be clear, But

0:16:57.880 --> 0:16:59.800
<v Speaker 2>I think it's up to us, Like you know, none

0:16:59.800 --> 0:17:01.640
<v Speaker 2>of them, this is inevitable. And this is my point

0:17:01.640 --> 0:17:03.560
<v Speaker 2>about like this is a moment where we have to

0:17:03.560 --> 0:17:05.959
<v Speaker 2>sort of engage into this stuff and take control. So

0:17:06.000 --> 0:17:08.000
<v Speaker 2>some people might want that for dating. I'm not sure

0:17:08.040 --> 0:17:10.119
<v Speaker 2>I would, but you know, you'd have a choice. Or

0:17:10.160 --> 0:17:11.639
<v Speaker 2>maybe you've got an advisor who said, here at some

0:17:11.720 --> 0:17:14.439
<v Speaker 2>better suggestions or whatever. That's great. Same as you know,

0:17:14.480 --> 0:17:17.840
<v Speaker 2>reading the news. Actually, I might want to have a

0:17:17.840 --> 0:17:21.040
<v Speaker 2>little bit more dissonance in my consumption of news, and

0:17:21.119 --> 0:17:22.800
<v Speaker 2>maybe an a I could suggest that. Or I might

0:17:22.840 --> 0:17:26.000
<v Speaker 2>want to have an expert summary of a long running story,

0:17:26.000 --> 0:17:27.680
<v Speaker 2>and if I could come to Bloomberg and your AI

0:17:27.720 --> 0:17:30.240
<v Speaker 2>assistant would give me a brilliant summary of some of

0:17:30.240 --> 0:17:33.480
<v Speaker 2>your best journalism around a complicated issue, that would be useful.

0:17:33.480 --> 0:17:35.199
<v Speaker 2>But I think we have a choice, and it's up

0:17:35.240 --> 0:17:37.080
<v Speaker 2>to us to make those choices.

0:17:37.320 --> 0:17:39.199
<v Speaker 1>Who's it up to the consumer, or is it actually

0:17:39.560 --> 0:17:42.880
<v Speaker 1>you know companies like Google to decide. I mean, if

0:17:42.880 --> 0:17:45.480
<v Speaker 1>we were all to be given you an assistance that

0:17:45.520 --> 0:17:48.000
<v Speaker 1>can help you in everyday life, is it too soon

0:17:48.080 --> 0:17:49.440
<v Speaker 1>to say whether that's a good or a bad thing?

0:17:49.840 --> 0:17:51.639
<v Speaker 2>Let me step back. I think where we are is

0:17:51.680 --> 0:17:53.920
<v Speaker 2>we've got this broad based technology. We're beginning to see

0:17:53.920 --> 0:17:57.639
<v Speaker 2>the potential, but most of the applications of that technology

0:17:57.680 --> 0:18:00.000
<v Speaker 2>have yet to be invented. So we can get lots

0:18:00.240 --> 0:18:02.919
<v Speaker 2>in generalizations. But you know, a specific example about how

0:18:02.920 --> 0:18:05.040
<v Speaker 2>it might work with dating we could talk about, or

0:18:05.160 --> 0:18:08.120
<v Speaker 2>how it might work with newsroom productivity we could talk about,

0:18:08.240 --> 0:18:10.920
<v Speaker 2>or how it helps call center agents. Gives you better examples,

0:18:10.960 --> 0:18:13.359
<v Speaker 2>So I think we need to look at the applications.

0:18:13.680 --> 0:18:16.680
<v Speaker 1>How do you hire it at Google? I've heard from

0:18:16.760 --> 0:18:19.679
<v Speaker 1>some tech companies that it's all about morals and values

0:18:19.720 --> 0:18:21.919
<v Speaker 1>and it doesn't really matter if the candidate knows that

0:18:22.040 --> 0:18:23.560
<v Speaker 1>much about technology to start with.

0:18:23.800 --> 0:18:26.159
<v Speaker 2>Yes, absolutely, we try to hire people of good character,

0:18:26.600 --> 0:18:31.320
<v Speaker 2>but also people who are collaborative, curious, creative, good communicators.

0:18:31.440 --> 0:18:33.399
<v Speaker 2>I think the most important things when we're hiring are

0:18:33.400 --> 0:18:38.280
<v Speaker 2>those skills of curiosity, creativity, collaboration, communication, Because we're asking

0:18:38.280 --> 0:18:41.120
<v Speaker 2>people to invent technology that didn't exist before, and we're

0:18:41.119 --> 0:18:43.840
<v Speaker 2>asking people to sort of explain that technology to the world,

0:18:44.160 --> 0:18:46.679
<v Speaker 2>to listen and engage with governments and companies and partners

0:18:46.760 --> 0:18:49.119
<v Speaker 2>on how we do that. What I'd say to people

0:18:49.160 --> 0:18:51.679
<v Speaker 2>thinking about, you know, maybe choices for their children today

0:18:51.680 --> 0:18:54.000
<v Speaker 2>with their children, I think it's really important we have

0:18:54.040 --> 0:18:59.760
<v Speaker 2>a broad education. You know, innovation comes from interdisciplinary collisions, right,

0:19:00.040 --> 0:19:04.160
<v Speaker 2>and I don't think we should be overly focused on STEM.

0:19:04.520 --> 0:19:08.000
<v Speaker 2>I think we do need representation so that people building

0:19:08.000 --> 0:19:11.160
<v Speaker 2>the technology have to be representative of everyone. And that's

0:19:11.200 --> 0:19:13.320
<v Speaker 2>been a challenge and one of the reasons we've published

0:19:13.640 --> 0:19:16.920
<v Speaker 2>our own data on diversity and trying to improve particularly

0:19:16.920 --> 0:19:20.119
<v Speaker 2>representation representation of women and minority ethnic groups in the

0:19:20.200 --> 0:19:22.920
<v Speaker 2>engineering side of Google. We've made progress, but there's more

0:19:23.400 --> 0:19:25.920
<v Speaker 2>to do, so i'd encourage people. You need it broad

0:19:25.920 --> 0:19:29.919
<v Speaker 2>based education, but those skills about curiosity, creativity, collaboration are

0:19:29.960 --> 0:19:30.639
<v Speaker 2>going to be more.

0:19:30.480 --> 0:19:33.320
<v Speaker 1>Important in the future early days. But how do you

0:19:33.400 --> 0:19:36.240
<v Speaker 1>judge this new government in the UK and how they

0:19:36.400 --> 0:19:37.520
<v Speaker 1>engage with technology.

0:19:38.119 --> 0:19:40.160
<v Speaker 2>We don't make it want to make any political comment

0:19:40.200 --> 0:19:42.479
<v Speaker 2>other than to say that I think the UK's had

0:19:42.520 --> 0:19:45.160
<v Speaker 2>a long period of instability, and if you're an international

0:19:45.240 --> 0:19:48.840
<v Speaker 2>investor and company like Google, having clarity and a sense

0:19:48.880 --> 0:19:53.200
<v Speaker 2>of stability is important. I think also there's a recognition

0:19:53.280 --> 0:19:56.919
<v Speaker 2>that the UK needs growth and that's an absolute priority,

0:19:57.119 --> 0:20:01.520
<v Speaker 2>and I think harnessing technology across sectors can be one

0:20:01.520 --> 0:20:05.400
<v Speaker 2>of the key ways in which we activate that growth. Growth. Secondly,

0:20:05.440 --> 0:20:08.800
<v Speaker 2>harnessing young people and their talent and their desire. It's

0:20:08.840 --> 0:20:10.920
<v Speaker 2>something that feels like it may have been a bit neglected,

0:20:11.359 --> 0:20:13.480
<v Speaker 2>and you know, I really think that's an important thing

0:20:13.480 --> 0:20:15.080
<v Speaker 2>for us to do as a country. So I think

0:20:15.160 --> 0:20:16.600
<v Speaker 2>there's a big opportunity for the UK.

0:20:17.080 --> 0:20:20.960
<v Speaker 1>Matt, you've rowed for a team GB. Congratulations. There's a lot.

0:20:21.040 --> 0:20:23.240
<v Speaker 1>I mean is that, you know, we talk more and

0:20:23.280 --> 0:20:26.000
<v Speaker 1>more about sports, and actually what you learn in sports,

0:20:26.080 --> 0:20:29.480
<v Speaker 1>especially at that level for applications in business, what did

0:20:29.480 --> 0:20:30.119
<v Speaker 1>you learn from it?

0:20:30.680 --> 0:20:33.280
<v Speaker 2>I rowed when we were much less successful than we

0:20:33.320 --> 0:20:35.760
<v Speaker 2>are today. But I have to say that, you know,

0:20:35.800 --> 0:20:38.600
<v Speaker 2>I went to business school, I worked in a consulting company.

0:20:39.320 --> 0:20:41.360
<v Speaker 2>The stuff I used most in my day to day

0:20:41.359 --> 0:20:44.720
<v Speaker 2>work I probably learned from sport. And it's that being

0:20:44.760 --> 0:20:48.159
<v Speaker 2>clear about defining a goal and then bringing people together

0:20:48.320 --> 0:20:50.760
<v Speaker 2>around a vision of what's possible and collaborating. I always

0:20:50.760 --> 0:20:52.400
<v Speaker 2>say to my teams, you know, get the best people

0:20:52.400 --> 0:20:54.760
<v Speaker 2>in your boat, and then let's make sure we row together.

0:20:55.160 --> 0:20:57.439
<v Speaker 2>And so there is something about that sort of skill

0:20:57.600 --> 0:21:00.400
<v Speaker 2>of competing and collaborating together. The same applies to how

0:21:00.400 --> 0:21:03.080
<v Speaker 2>we partner with companies. You know, we're going to be competing,

0:21:03.240 --> 0:21:05.160
<v Speaker 2>we're going to be collaborating, we're going to be learning

0:21:05.160 --> 0:21:06.400
<v Speaker 2>from each other, and we need to have a grown

0:21:06.480 --> 0:21:08.040
<v Speaker 2>up approach to doing that. And I think I learned

0:21:08.080 --> 0:21:09.840
<v Speaker 2>a lot from Sport about those things.

0:21:09.920 --> 0:21:11.199
<v Speaker 1>Matt, thank you so much for joining us.

0:21:11.240 --> 0:21:11.640
<v Speaker 2>Thank you.

0:21:14.800 --> 0:21:17.320
<v Speaker 1>Thanks for listening to this week's In the City from Bloomberg.

0:21:17.560 --> 0:21:20.199
<v Speaker 1>This episode was hosted by me franc I Laqua. It

0:21:20.280 --> 0:21:23.880
<v Speaker 1>was produced by Summer Sami, production support from Isabella Ward,

0:21:23.920 --> 0:21:27.200
<v Speaker 1>and sound designed by Moses and Dan Brendan Franz Newman

0:21:27.359 --> 0:21:30.920
<v Speaker 1>is our executive producer. Sage Bauman is head of Podcasts

0:21:31.080 --> 0:21:35.119
<v Speaker 1>Special thanks to Matt Britten. Please subscribe, rate, and review

0:21:35.359 --> 0:21:37.000
<v Speaker 1>wherever you listen to podcasts