Ewan Collinge

Stop taking advice from people who've never built anything. If they haven't put something on the line, their opinion on your risk isn't worth hearing. The people who judge the attempt are never the ones making one.

From computing to space, Britain has an odd habit of innovating its way to the pinnacle of some developing field or other, only to get white line fever and pass the ball to someone else to score the winning try. Usually an American. It's happened so many times it's almost a running joke, and yet every now and then some company or genius pops up, hands the country a winning lotto ticket and asks if it wants to cash it in. Right now, the holder of the ticket is the global engineering company Rolls-Royce, which has just handed the government an absolute no-brainer of a decision… For you see, Rolls-Royce just developed a revolutionary nuclear power plant. It's not revolutionary because it's a fast reactor, or cooled by helium, or runs on thorium or anything fancy like that. It's revolutionary because it's designed to be easy to make, which is a common failing of nuclear plants. It's small-ish at 470 Megawatts, or half the size of a normal plant, but can fit in a tiny fraction of the footprint, is made of standardised easy-fit modular parts, all road transportable and is designed to be almost entirely factory manufactured, meaning that repeat runs bring powerful learner effects for centralised production facilities. And, given that the plant and surroundings fit into a space of about two football pitches once fully assembled, it can be pieced together by a single standardised production gantry assembled over the entire build site. This is the ‘Small Modular Reactor’, or SMR industrial concept, and intends to pass onto nuclear manufacture the opportunity for the same cost-reducing learner effects that grew solar and wind energy into global dominance. Will it work? Who knows, but let's look at Britain's résumé of problems: Overpriced construction, scarce and expensive energy, binding limits on carbon dioxide emissions and a need to electrify everything to achieve that, an over-reliance on random variable forms of energy generation (wind) with very little clean baseload, a dwindling supply of export champions… well you get the picture. All this plus the need to import lots of foreign expertise to fix problems. Lotto ticket!

Outline any shape and Drafted turns it into a real house plan. 🏠 It's a new way to explore the different layouts and room configurations that are possible within your space. Here's how it works 👇

🎉 Last Friday, we celebrated the launch of Sovereign AI (Sov AI) with the Office for Investment and partners from across the ecosystem. The launch of its first £500m fund marks a strong vote of confidence in British AI founders.

Agentic commerce isn’t priced in yet. Machine-to-machine payments will increase demand for the digital dollar beyond current estimates. The agentic economy could be larger than the human economy. We're building the infrastructure for both at Coinbase.

The world doesn’t realize this yet but AI will finally make philosophy a highly marketable skill

The world is transitioning to a compute-powered economy. The field of software engineering is currently undergoing a renaissance, with AI having dramatically sped up software engineering even over just the past six months. AI is now on track to bring this same transformation to every other kind of work that people do with a computer. Using a computer has always been about contorting yourself to the machine. You take a goal and break it down into smaller goals. You translate intent into instructions. We are moving into a world where you no longer have to micromanage the computer. More and more, it adapts to what you want. Rather doing work with a computer, the computer does work for you. The rate, scale, and sophistication of problem solving it will do for you will be bound by the amount of compute you have access to. Friction is starting to disappear. You can try ideas faster. You can build things you would not have attempted before. Small teams can do what used to require much larger ones, and larger ones may be capable of unprecedented feats. More and more, people can turn intent into software, spreadsheets, presentations, workflows, science, and companies. People are spending less energy managing the tool and more energy focusing on what they are actually trying to create. That shift brings a kind of joy back into work that many people haven’t felt in a long time. Everyone can just build things with these tools. This is disruptive. Institutions will change, and the paths and jobs that people assumed were stable may not hold. We don’t know exactly how it will play out and we need to take mitigating downsides very seriously, as well as figuring out how to support each other as a society and world through this time. But there is something very freeing about this moment. For the first time, far more people can become who they want to become, with fewer barriers between an idea and a reality. OpenAI’s mission implies making sure that, as the tools do more, humans are the ones who set their intent and that the benefits are broadly distributed, rather than empowering just one or a small set of people. We're already seeing this in practice with ChatGPT and Codex. Nearly a billion people are using these systems every week in their personal and work lives. Token usage is growing quickly on many use-cases, as the surface of ways people are getting value from these models keeps expanding. Ten years ago, when we started OpenAI, we thought this moment might be possible. It’s happening on the earlier side, and happening in a much more interesting and empowering way for everyone than we’d anticipated (for example, we are seeing an emerging wave of entrepreneurship that we hadn’t previously been anticipating). And at the same time, we are still so early, and there is so much for everyone to define about how these systems get deployed and used in the world. The next phase will be defined by systems that can do more — reason better, use tools better, plan over longer horizons, and take more useful actions on your behalf. And there are horizons beyond, as AI starts to accelerate science and technology development, which have the potential to truly lift up quality of life for everyone. All of this is starting to happen, in small ways and large, today, and everyone can participate. I feel this shift in my own work every day, and see a roadmap to much more useful and beneficial systems. These systems can truly benefit all of humanity.