UK Has ‘No Chance in Hell’ of Making Its Own Tech Champs: ARM Founder

9 comments
  1. People didn’t think that the Thatcherite dependence on direct foreign investment was free did they?

    We sold our tilting trains tech to the Italians, then bought it back in the 2000s, so it could run our modern railways.

    We sold off BT rather than allowing it to install a nationwide gigabit fibre network.

    Not only that, but we failed to encourage our tech startups, instead encouraging them to sell to overseas buyers.

    To cap all of that the largest chip designer in the world is a British company, and the Tories sold it off.

    When Liz Truss asks if it’s fair that people won’t have high paying jobs, remind her that Tory policy made it that way.

  2. I mean considering how slow they rollout proper fiber optic connections comparaled to other EU countries… I also struggle to believe that UK will have lead anything related to tech (unless it’s some company that have been leading for two decades or more)

  3. To clarify, this article is about the UK becoming ‘technologically independent’ – having all of its major tech firms under British ownership, and expelling foreign influence in our technological sector, so that no country can use them to compel us.

    This isn’t really possible. It might have been once, but in tech terms, twelve years is a long time. And the Tories never really protected British businesses from outside intervention. Our tech sector grew up in the claws of Chinese, Japanese, and American companies from the start.

    This was the case for all of our big industries. Most famously, our car industry is pretty much dead because everything was sold off to European companies.

  4. He’s right. Almost all tech companies on the LSE get roasted. Also a lot of companies have been recently taken over by foreign companies.

  5. What the hell is he on bout?!? We survived the blitz and ummm we invented the Dyson ummm what else …. Oh yeh Brexit means Brexit and dingy boats something something Megan markle lol

  6. Look at how bad the pay is in the tech sector and you can see why people are moving abroad. It pays better than other sectors in the UK buy a considerable margin, however it also pays worse here than it does in the US by similar margins. There is no desire to actually invest in tech or research, with the government thinking people’s passion will mean they will put up with poor wages and long hours. If the government wants us to have our own tech champs then it better be ready to pay them a lot of money.

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