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Chancellor Rachel Reeves Gives Closing Speech At UK Investment Summit – Business Live

UK urged to expand ‘high-skilled’ immigration to help with AIQ: How can British companies attract the talent it needs for the artificial intelligence revolution?

Former Google CEO Eric Schmidt says:

A pro-growth agenda would start with high-skilled immigration, which is now in place here and should be expanded.

Schmidt points out that a lot of “incredibly smart people” are now getting graduate degrees in AI.

The key, he says, is either to keep them in Britain or get them to move here from Europe.

Schmidt agrees that more AI talent is needed, as the technology is hard, complicated, and it’s being built right now.

He admits:

Sometimes it doesn’t make sense to me, and I have a PhD in the area.

But with a little bit of time, and the right leadership., Britian can have all those people.

Schmidt points out:

They love living here.

A good moment to wrap up the session.

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