WEBVTT - London Mayor Sadiq Khan Talks UK Business, Tech & Politics from SXSW London

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news. Thank you, Mayor, A

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<v Speaker 1>big round of apast for our Mayor. I feel like

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<v Speaker 1>it's very hard Mayor to impress you. So London's had

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<v Speaker 1>the Olympics, the Coronation, even Taylor Swift. How does you

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<v Speaker 1>know south By South Wet's rank on the Mayor All

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<v Speaker 1>Excitement scale this week?

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<v Speaker 2>I think south By Southwest London is just below Harry

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<v Speaker 2>Styles in twelve nights at Wembley Stadium.

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<v Speaker 3>I mean it's sort of that's sort of bit. It's great.

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<v Speaker 3>I'm really I'm really.

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<v Speaker 2>Pleasing proud that south Bay Southwest is back. I mean,

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<v Speaker 2>the sort of people we've got in this room is amazing.

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<v Speaker 2>This week's gonna be amazing, and it kicks off an

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<v Speaker 2>amazing June. We've got London Tech Week next week and

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<v Speaker 2>the Climate Action Week taking place later on this month.

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<v Speaker 2>And it's a great springboard because what South Bay Southwest

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<v Speaker 2>does so well, as I said, it's the multi disciplines,

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<v Speaker 2>it's the multi generation, it's the multi beliefs, multi backgrounds

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<v Speaker 2>coming together, and this is an incubator for great ideas

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<v Speaker 2>and I'm just so excited.

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<v Speaker 3>And so proud.

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<v Speaker 1>You touched on this in your opening speech. If London

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<v Speaker 1>only existed on social media, it'd be very difficult to

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<v Speaker 1>get people to actually move here. So why is the

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<v Speaker 1>internet so bad on cities and how do you fight disinformation?

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<v Speaker 3>Well, I think.

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<v Speaker 2>Attack in London has become a national school and an

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<v Speaker 2>international sport.

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<v Speaker 3>Why do I say that.

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<v Speaker 2>Most people's experience of London it's very different to the

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<v Speaker 2>version you see on social media, and there's a reason

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<v Speaker 2>for that. We've done some research and looked into what's

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<v Speaker 2>going on here. Basically, you're a combination of people using

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<v Speaker 2>the algorithms on social media that monetize negativity and hatred,

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<v Speaker 2>but also combination of state actors, whether it's China, Russia

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<v Speaker 2>or MAGA influences being unhappy that a city that is progressive, liberal,

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<v Speaker 2>diverse is incredibly successful. I mean, we are the antidote,

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<v Speaker 2>antithesis of nativist populist movements.

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<v Speaker 3>So don't be surprised if you've got people on.

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<v Speaker 2>Social media spreading misinformation, disinformation and lies about London and

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<v Speaker 2>not any metrics. Not we're not perfect, but we are

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<v Speaker 2>the greatest city in the world in terms of culture, tourism, music. Uh,

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<v Speaker 2>thank thank you, Mom. You know a number of metrics

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<v Speaker 2>we're doing, you know, remarkably well. So you know, I'm

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<v Speaker 2>not surprised that there are people, you know, spreading misinformation.

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<v Speaker 2>And I'm hoping those who are visiting London this week

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<v Speaker 2>from across the country, across Europe, across the world will

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<v Speaker 2>sample there, will rule London and then go back and

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<v Speaker 2>talk about this to friends, colleagues, neighbors, and even do

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<v Speaker 2>a sale on social media.

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<v Speaker 1>So is that the biggest myth about London that drives

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<v Speaker 1>you absolutely mad?

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<v Speaker 2>Well, there are a number of things, but one of

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<v Speaker 2>the things that I think that frustrates me is this

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<v Speaker 2>idea that it's not possible to be diverse and successful,

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<v Speaker 2>that in some way diversity is a weakness sort of

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<v Speaker 2>strength that makes us poor, lot richer, you know, weak

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<v Speaker 2>are not stronger. I know, I know the opposite is

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<v Speaker 2>the truth. But actually, if it's somebody who's a nativist,

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<v Speaker 2>you're somebody whose populism grows from nativism. If it's somebody

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<v Speaker 2>believes in mono ethnism or believes in you know, nationalism,

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<v Speaker 2>then nuners a problem for you because.

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<v Speaker 3>We're the opposite of all that. You know.

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<v Speaker 2>South By Southwest London coming back for a second time.

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<v Speaker 2>It shows you know, were those that experienced this last

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<v Speaker 2>year feel about London. I'm really proud and please you're

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<v Speaker 2>back and I hope you make the most of this week.

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<v Speaker 1>So may every generation or most generations get a technology

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<v Speaker 1>that could change everything. I mean, when creatives here, AI,

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<v Speaker 1>many here threats, what do you hear?

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<v Speaker 2>But when it comes to AI, which is which is

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<v Speaker 2>the which is the technology that I think it will

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<v Speaker 2>be the biggest game changer in my lifetime. I think

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<v Speaker 2>there's a number of ways, number ways looking at this.

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<v Speaker 2>Look if you look about it, look at the three

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<v Speaker 2>biggest disruptors and the last two or a year, There's

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<v Speaker 2>been the Industrial revolution, there's been globalization, and there's now

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<v Speaker 2>been AI. And why AI is fascinating for a number

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<v Speaker 2>of reasons is the speed in which AI is going

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<v Speaker 2>to transform our societies compared to globalization and industrial revolution.

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<v Speaker 3>But also I think, unlike the previous two.

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<v Speaker 2>This will impact white collar jobs, this will impact global cities.

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<v Speaker 2>And I'm not an AI evangelist, I'm not an AI alarmist.

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<v Speaker 3>I'm an AI realist. And so what.

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<v Speaker 2>I've done is work with experts across the different sectors

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<v Speaker 2>and asked, you know, Martha Lane Fox, so need a

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<v Speaker 2>task force into what is the future of work, what

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<v Speaker 2>is the future of work in London and also at

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<v Speaker 2>the same time set up for everyone.

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<v Speaker 3>In the city free training in AI.

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<v Speaker 2>I think there's going to be those jobs where it

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<v Speaker 2>dougments and I think it's important that we understand this

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<v Speaker 2>thing is coming. The genie's out of the bottle. It

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<v Speaker 2>can be transformative, mainly for good. There are some challenges.

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<v Speaker 2>I'm a believer in guardra else I've seen the downside

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<v Speaker 2>of social media without proper guardrails. I don't think we

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<v Speaker 2>should repeat that when it comes to AI. But the

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<v Speaker 2>potentially is huge in terms of benefits to public services.

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<v Speaker 2>Benef it's the private sector. But there are challenges that

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<v Speaker 2>we shouldn't put ahead in the sunds. I think we

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<v Speaker 2>acknowledge that and address them.

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<v Speaker 1>Mayor and national politics has felt increasingly unstable, and that's

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<v Speaker 1>probably the understatement of today. Are mayors becoming the most

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<v Speaker 1>trusted politicians because people can actually see what's what gets

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<v Speaker 1>done in their cities.

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<v Speaker 2>Well, we've one of the things you talking about AI.

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<v Speaker 2>Whilst national governments have sort of sort of been sort

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<v Speaker 2>of sleepwalking into this mayster across the globe. We've set

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<v Speaker 2>up a World Mayor's AI Forum. Seven cities across five

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<v Speaker 2>continents were represent one hundredllion people are working together. Look

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<v Speaker 2>at the opportunities and challenges of a I've talked about

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<v Speaker 2>the task force in London.

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<v Speaker 3>I think I think I.

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<v Speaker 2>See mayors as doers, and I see say in respect

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<v Speaker 2>for way. Some of our best friends are prime ministers

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<v Speaker 2>and national politicians and national government, says Delayers, ditherers. Whether

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<v Speaker 2>it's climate change, whether it's AI, whether it's social media,

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<v Speaker 2>and whole host of issues. And you're seeing across the

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<v Speaker 2>globe Mays doing stuff. Meres getting stuff done because we're

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<v Speaker 2>close to the people. We're dexterous, we're flexible, we pop

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<v Speaker 2>the ideology by a large degree.

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<v Speaker 3>We're pragmatic.

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<v Speaker 2>And I think you're seen across the globe Mays leading

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<v Speaker 2>the way in reducing carbon emissions, leading the way and

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<v Speaker 2>making just transition, leading the way and using AI, but

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<v Speaker 2>also addressing the challenges, leading the way in creating green jobs,

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<v Speaker 2>but also a place where people want to move to.

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<v Speaker 2>We're seeing across the globe, not just in the UK,

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<v Speaker 2>people wanted to move to cities. Urbanization is a phenomenon

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<v Speaker 2>we've not seen for some time. And I think it's

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<v Speaker 2>one of the reasons is because you've got mayors across

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<v Speaker 2>the globe, whether it's Paris, New York, at Los Angeles, Laca, Freetown,

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<v Speaker 2>Deli leading the way.

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<v Speaker 1>You've spent years telling London story to the world. Does

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<v Speaker 1>Labor need to be stronger about telling Britain story to

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<v Speaker 1>the world.

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<v Speaker 2>But when I when I when I speak to colleagues,

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<v Speaker 2>including the colleagues here from across the globe, they see

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<v Speaker 2>one of the huge strengths of the UK. We've got

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<v Speaker 2>We've got certain two, we've got stability because you know,

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<v Speaker 2>the Labor Party won a massive majority of the last

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<v Speaker 2>general election. That is not the case and other countries

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<v Speaker 2>across the globe. That's one of the reasons people want

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<v Speaker 2>to invest here and want to want to come here

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<v Speaker 2>and so forth. And I think, you know, we Labor

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<v Speaker 2>needs to just be cognizant of the downsize of instability

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<v Speaker 2>the impact that can create. That's not to say that

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<v Speaker 2>the results on made the seventh gen local elections in

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<v Speaker 2>the in the UK elections in Scotland and Welles weren't

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<v Speaker 2>catastrophic for Labor. They were and we've got to acknowledge

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<v Speaker 2>that and respond to that. But I think we're going

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<v Speaker 2>to be quite careful about how we respond to that.

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<v Speaker 2>I think we've got a fragmentation of politics in the UK.

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<v Speaker 2>We've got five parties now via for votes, where previously

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<v Speaker 2>only two parties really vote for those votes. I think

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<v Speaker 2>competition is a good thing if you're good at your game.

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<v Speaker 2>Competitions should make you raise your game, whether it's football,

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<v Speaker 2>whether it's politics, whether it's a business, and you shouldn't

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<v Speaker 2>be fair of competition. I think how we respond to

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<v Speaker 2>competition is the exam question, and I fear the National

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<v Speaker 2>Party may not respond in a way we've responded in London.

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<v Speaker 2>In London, I've tried to be a mare for all

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<v Speaker 2>london As. I've asked people who vote Green to lend

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<v Speaker 2>me their votes. I've asked pep who vote Libdemps to

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<v Speaker 2>lend me their votes. I've asked people who are Conservatives

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<v Speaker 2>lend me their votes, and people who labor to leave

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<v Speaker 2>their homes and vote for me. And I think that

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<v Speaker 2>coalition is incredibly important. People who are thinking about voting

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<v Speaker 2>in reform to lend me their vote. And I think

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<v Speaker 2>the idea that somebody is a lifelong Democrat or a

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<v Speaker 2>lifelong labor voter. Those days are gone, and that's why

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<v Speaker 2>we've got to earn people's vote every election. You can't

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<v Speaker 2>take it for granted. That means we should raise our games.

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<v Speaker 2>That's saying I relish.

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<v Speaker 1>You mentioned football, and sure we have Arsenal fans in

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<v Speaker 1>the room. I'm sure we have many Arsenal fans. It's

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<v Speaker 1>been quite a couple of weeks for London.

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<v Speaker 2>Listen, so London now has six Premier League clubs. I

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<v Speaker 2>sport a club outside London, I sport Liverpool.

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<v Speaker 3>We've had.

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<v Speaker 2>We've had a difficult season, but it's been a great,

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<v Speaker 2>great week for London. We had Crystal Palace winning the

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<v Speaker 2>European Trophy, Arsenal win the Premier League, didn't quite win

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<v Speaker 2>the Champions League. But sport is really important lor London

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<v Speaker 2>now is the sporting capital of the world. We don't

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<v Speaker 2>just have a great you know, English teams doing well.

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<v Speaker 2>We've got American sport coming there with you know, American football, baseball,

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<v Speaker 2>basketball and so forth, boxing and so forth, and so

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<v Speaker 2>it's really important, not just for the elite sports people,

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<v Speaker 2>for all three people to get involved in sports and stuff,

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<v Speaker 2>but it's been a great, you know, great few years

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<v Speaker 2>of sports for London.

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<v Speaker 1>So ten years on from Brexit, are we finally kind

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<v Speaker 1>of moving on from argument to practicality. What do you

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<v Speaker 1>see that meeting for the creative world?

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<v Speaker 2>Well, I think Look, I think Brexit was the biggest

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<v Speaker 2>acts of economic self harm any country's ever done. It's

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<v Speaker 2>also been devastating for US socially and culturally as well.

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<v Speaker 2>London itself has done remarkable We are not understanding in Brexit,

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<v Speaker 2>but I'm really optimistic about the future. You know, I

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<v Speaker 2>tease the mention of London maxin. You know, we are

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<v Speaker 2>humming in terms of, you know, making the most of

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<v Speaker 2>the bad hand we were getting with Brexit. You know,

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<v Speaker 2>the AI capital of Europe, number two, number three in

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<v Speaker 2>the world when it comes to tech, when it comes

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<v Speaker 2>to finance, when it comes to professional service, when it.

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<v Speaker 3>Comes to culture, music, sports. We are humming. But Brexit

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<v Speaker 3>has caused a big challenge.

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<v Speaker 2>I mean, you know, our GDP's done a BYuT like

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<v Speaker 2>ten percent impacted business, impact of trade, impacted investment, and

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<v Speaker 2>I'd be quite trained by this. I think we should

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<v Speaker 2>rejoin the European Union.

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<v Speaker 1>So Europe feels much closer than it did five years ago.

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<v Speaker 2>Well, one of the things I think this government's done

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<v Speaker 2>really well is to resettle relations with the European Union.

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<v Speaker 2>It's just a fact that you know, Kase Armer is

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<v Speaker 2>much for any terms with President macarn with the Chancellor

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<v Speaker 2>of Germany, with those in the European Union, and.

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<v Speaker 3>That's really important.

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<v Speaker 2>There are nearest trading partners, our biggest trading partners, and

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<v Speaker 2>we should have close for alignment. And I think, you know,

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<v Speaker 2>the Prime minist and resetting relations was incredibly important. I

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<v Speaker 2>think the youth and Bitty scheme is going to be

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<v Speaker 2>incredibly important. I've done us to go further to rejoin

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<v Speaker 2>the Customers Union, to rejoin the Single Market, and then

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<v Speaker 2>to rejoin the European Union.

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<v Speaker 1>Mayor, it's so nice actually to see a very young,

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<v Speaker 1>creative crowd. If you're eighteen in London today, where do

0:11:39.760 --> 0:11:42.400
<v Speaker 1>you think the biggest opportunities are that maybe weren't here

0:11:42.520 --> 0:11:43.200
<v Speaker 1>ten years ago.

0:11:43.480 --> 0:11:46.840
<v Speaker 2>I think other Londoners are the greatest opportunity, genuinely. I

0:11:46.840 --> 0:11:48.760
<v Speaker 2>mean I said in my speech and Patrick said this,

0:11:49.559 --> 0:11:53.480
<v Speaker 2>it's the different backgrounds, the diversity in terms of what

0:11:53.520 --> 0:11:57.320
<v Speaker 2>people's interests are, what their backgrounds are, what their beliefs are.

0:11:57.360 --> 0:12:02.520
<v Speaker 2>That multi faceting human being you don't see anywhere else.

0:12:02.920 --> 0:12:04.760
<v Speaker 2>And that's the most exciting thing about being an eighteen

0:12:04.800 --> 0:12:06.000
<v Speaker 2>year old in London that still.

0:12:05.800 --> 0:12:07.480
<v Speaker 3>Exists a different face.

0:12:07.480 --> 0:12:10.200
<v Speaker 2>I've just returned from the Hudge pilgrimage and was speaking

0:12:10.200 --> 0:12:13.280
<v Speaker 2>to Laura backstage, who's just come back from Lords. I mean,

0:12:13.320 --> 0:12:16.720
<v Speaker 2>you know, a Catholic and a Muslim talking backstage. A

0:12:16.720 --> 0:12:19.880
<v Speaker 2>good example in London. You could be Jewish, you could

0:12:19.880 --> 0:12:22.840
<v Speaker 2>be Christian, you could be a Hindu, Buddhist. We talked

0:12:22.880 --> 0:12:25.640
<v Speaker 2>about you know, Butler House, somebody who's not a member

0:12:25.679 --> 0:12:27.720
<v Speaker 2>of an organized faith. You could be rich, could be poor.

0:12:28.080 --> 0:12:30.360
<v Speaker 2>You can be a sports person. You cannot be sports puging, sport,

0:12:30.440 --> 0:12:35.439
<v Speaker 2>Arsenal or even Spurs, whatever team you support, You're welcome

0:12:35.480 --> 0:12:37.599
<v Speaker 2>in London, even Man United.

0:12:37.360 --> 0:12:40.680
<v Speaker 1>Fans, even Man United. Okay, Mayor, it's twenty thirty six.

0:12:41.200 --> 0:12:44.800
<v Speaker 1>South By Southwest London is celebrating its twelfth edition. Can

0:12:44.800 --> 0:12:48.000
<v Speaker 1>everyone picture that? What's the headline you'd frame and put

0:12:48.040 --> 0:12:48.679
<v Speaker 1>on your wall.

0:12:50.960 --> 0:12:56.160
<v Speaker 2>We managed to make the most of ai. We managed

0:12:56.240 --> 0:13:00.000
<v Speaker 2>to still have a Mayor's human being and a blue

0:13:00.040 --> 0:13:02.800
<v Speaker 2>represented as a human being on stage here as we

0:13:02.840 --> 0:13:06.800
<v Speaker 2>open south by Southwest and they're both called Francied and

0:13:06.840 --> 0:13:11.160
<v Speaker 2>Saday is success to me, but genuinely, but genuinely think

0:13:11.200 --> 0:13:16.360
<v Speaker 2>I think this air revolution is really exciting, but it's

0:13:16.360 --> 0:13:19.000
<v Speaker 2>really scary as well. And I think the energy here

0:13:19.160 --> 0:13:23.319
<v Speaker 2>and the expertise here is what's needed to make sure

0:13:23.360 --> 0:13:26.760
<v Speaker 2>we navigate ourselves successfully over the next ten years. Because

0:13:27.200 --> 0:13:30.440
<v Speaker 2>I think some cities will get it wrong. I think

0:13:30.480 --> 0:13:34.200
<v Speaker 2>some regulators will get it wrong, and I'm confident in

0:13:34.240 --> 0:13:37.319
<v Speaker 2>London will get it right. I think mayors across the

0:13:37.320 --> 0:13:39.040
<v Speaker 2>global working together to make sure we get it right

0:13:39.760 --> 0:13:41.560
<v Speaker 2>here in London. The task was said by you know,

0:13:41.600 --> 0:13:43.440
<v Speaker 2>Marthline Fox is working really hard to make sure we

0:13:43.440 --> 0:13:46.800
<v Speaker 2>get it right. And it's really important to get it right.

0:13:46.840 --> 0:13:49.960
<v Speaker 2>Why because we could see in ten years what it

0:13:50.000 --> 0:13:52.959
<v Speaker 2>took one hundred years for the Industrial Revolution to see,

0:13:53.000 --> 0:13:56.360
<v Speaker 2>what it took fifty years for globalization to see. But

0:13:56.400 --> 0:13:58.680
<v Speaker 2>I want it to be a positive, not a negative.

0:13:59.240 --> 0:14:01.600
<v Speaker 2>And that's why it's really important in ten years time

0:14:01.640 --> 0:14:06.360
<v Speaker 2>for Southwest, Southwest Southeast London still exist, but also for

0:14:06.440 --> 0:14:10.040
<v Speaker 2>us to see the fruits of this, you know, transformative

0:14:10.040 --> 0:14:12.160
<v Speaker 2>technology rather than the perils.

0:14:12.160 --> 0:14:15.480
<v Speaker 1>It's really important I'll offering that too. We're staying human. Mayor,

0:14:15.520 --> 0:14:17.000
<v Speaker 1>thank you so much for your dudgment. I thank you

0:14:17.000 --> 0:14:17.240
<v Speaker 1>so much.

0:14:17.320 --> 0:14:17.960
<v Speaker 3>A great week. Thank