Julia Garayo Willemyns is a startup founder and co-director of the think tank UK Day One, which focuses on advancing UK policy for long-term growth and progress. Transcript and links here: https://www.thendobetter.com/investing/2024/10/18/julia-garayo-willemyns-policy-ideas-progress-growth-ai-talent-podcast

Julia shares her thoughts on overlooked policies that could significantly benefit the UK, such as addressing lead poisoning in old housing stocks to improve public health, intelligence, and productivity.

Julia also advocates for prioritizing AI as part of the UK's industrial strategy. She emphasizes the need for strategic investments in AI talent, infrastructure, and safety, noting that while ethics and risk are critical, the nation should also consider AI's potential to enhance economic security and global competitiveness. The conversation explores the nuances of UK policy approaches to sustainability, talent development, and AI.

The narrative explores the dynamics of entrepreneurship across different cultural landscapes, reflecting on factors such as mentorship, venture capital, and societal attitudes towards failure. The conversation delves into the advantages of for-profit versus non-profit models and the philosophical trends shifting towards virtue ethics and human flourishing. Throughout, the discussion is underpinned by personal experiences, pragmatic policy recommendations, and a call for the UK to leverage its strengths for sustained global competitiveness.

We play over rated / under rated on:

Universal Basic Income (UBI), Net Zero, Carbon Taxes, alternative proteins, digital democracy, self-driving cars, nuclear power, museums and capitalism.

Julia encourages listeners to embrace curiosity, adaptability, and a proactive approach to growth.

On AI and economic strategy:

“I don’t think the UK is taking AI seriously enough as a core part of its industrial strategy. We should be focusing not just on AI ethics, but on economic security and national competitiveness. AI has the potential to change everything, and we need to be thinking about the bigger picture.”

On talent misallocation in the UK:

“One of the biggest problems the UK has is a misallocation of talent. I know incredibly intelligent people who end up in banking or consulting instead of tackling fundamental problems that could improve our quality of life. It’s a national issue that we need to address.”

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