"My Lords, if you watched the news yesterday, you would have seen an AI actor being interviewed by a certain Ed Balls and Susanna Reid. By the evening’s “News at Ten”, we had heard about AI extinction from the big AI tech bros. In the middle of that, we had …..." Lord Ranger of Northwood - View Speech
"My Lords, I support this group of amendments, particularly Amendment 88. I welcome and echo my noble friend’s comments about the challenges faced in financial services from the forces of technology and technological evolution, and I welcome the direction of travel from the Government, the FCA and the Bank of …..." Lord Ranger of Northwood - View Speech
"My Lords, forgive me for interjecting, but the Minister is quite right. We had a very progressive session with Mr Woolard yesterday. The question I raised with him was about the future strategy and where we were heading, because his focus is clearly on tokenisation. We noticed that there was …..." Lord Ranger of Northwood - View Speech
"My Lords, it is a pleasure to follow the noble Lord, Lord Drayson. We share our views on the Science and Technology Committee. I know his passion and commitment for British technology. I also thank the noble Baroness, Lady Kidron, for securing this debate at this crucial time, and declare …..." Lord Ranger of Northwood - View Speech
"My Lords, there is much scratching of heads about the detachment of science and technology. We hear about an AI Minister who will now be in a new office at the Cabinet Office and, some are also saying, at DCMS reporting into it, but we were talking about movement in …..." Lord Ranger of Northwood - View Speech
"My Lords, I support my noble friend’s Amendment 164 and will speak to Amendments 164A, 164B and 164C in my name. I declare my interest as a non-executive director of Ecila.Group—an R&D-focused firm in digital assets and payments infrastructure. I am also a member of the UKUS Crypto Alliance and, …..." Lord Ranger of Northwood - View Speech
"My Lords, I support my noble friend Lord Holmes’s amendments across the alphabet, particularly because he is right about the detail and the need for us to look at the ambition and see whether we are really targeting changes that will help us fulfil the ambition. When it comes to …..." Lord Ranger of Northwood - View Speech
"My Lords, as we know, and as I have said quite often in this House, the UK AI sector for SMEs is booming. Thousands of new businesses have set up in the UK over the last few years, and the UK can be proud of that on the global stage. …..." Lord Ranger of Northwood - View Speech
"My Lords, I will make my first contribution to this Bill. This is also one of my first in Committee, so I beg noble Lords’ forgiveness for any errors I will make. I do not have vast experience in the banking sector, but I have spent almost 25 years in …..." Lord Ranger of Northwood - View Speech
"My Lords, perhaps I could highlight that the biggest challenge I see is not just initial funding. We welcome what the sovereign AI fund will do to provide compute and help commercialisation at a start-up moment for British AI companies, but the tragedy that we are seeing right now is …..." Lord Ranger of Northwood - View Speech