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56. Bull, Bear & Beyond – Molten Ventures: executive interviews: Pension reform image

56. Bull, Bear & Beyond – Molten Ventures: executive interviews: Pension reform

S1 E56 · Bull, Bear & Beyond by Edison Group
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2 Plays10 months ago

Recent government initiatives to support investment in technology and innovation are welcomed as a positive – although the UK has been slow to support the tech sector compared to countries like the US. In the final segment of the interview, Wilkinson emphasises that while government intervention is not always perfect, it is necessary to help capitalise on British intellectual property (IP) in AI, energy and life sciences, particularly to prevent valuable IP from being acquired by US companies.

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About ‘Bull, Bear & Beyond’

Bull, Bear & Beyond': features candid conversations with senior executives and from our own team of experts from across industries, exploring strategy, innovation, and the opportunities shaping their markets and 60-second pieces are a compressed summary of content designed to convey our message in a single, easily shareable hit.

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Original interview published on 10/02/2025 and reposted as a podcast

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Transcript

Introduction

Government's Role in AI Initiatives

00:00:06
Speaker
And you mentioned the pension reforms, the managed house reforms, um and we've recently seen the the government announce its AI initiatives and and embracing AI, I guess, more of ah overtly. um Can you just give your views in terms of um the role government has to play in supporting the the tech sector and and how that relates to to to your business?

Critique on Government's Tech Support

00:00:35
Speaker
Yeah, I'm actually um of the view that we've probably not been active enough in supporting technology sector, even capital markets. I think we've been slow from a government perspective to respond to that. So I really welcome that active response.
00:00:50
Speaker
I think we all will probably agree that it's not always perfect when governments become involved but there's always a requirement. We like to believe in perfect markets and you know even if you have a capitalist bent we always not understand that there's pricing anomalies and disconnects that occur in markets and some of that's from timing but direction of government I believe is important. making

Importance of Capitalizing on Local IP

00:01:12
Speaker
sure we can capitalize on what we generate here um from the perspective of the IP, like the AI technologies that we have, like the energy space technologies that we have, that the life science technologies. You know, we do have a lot to celebrate and I think if governments can help ah business and investors to support those ecosystems better, that's That's what we should be doing and I think we sometimes fall into a ah trap of assuming that everybody else in the in the world is not doing this, which um isn't the case. You can see in the US that there's there's a lot of active intervention to support their ecosystem and their businesses and and that's that's generating a lot of growth.

State Intervention in IP Protection

00:01:52
Speaker
And that's also allowing allowing US players to acquire IP from Europe. And I think if we can support our IP better with some state intervention at the right levels in the right places, then clearly that's, to my mind, well done.