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Friday, 23 October 2026
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UK AI minister warns against control by tech bros and oligarchs

Britain must not allow artificial intelligence to be dominated by powerful individuals, the country's AI minister Kanishka Narayan said.

FTMQ News, written by our newsroom0 views

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Picture: BBC News

Britain cannot allow artificial intelligence to be ruled by tech bros and oligarchs, the UK AI minister Kanishka Narayan said during an interview with the BBC Political Thinking podcast. BBC News reported that Mr Narayan argued that managing the technology requires building capability and capacity in the state, rather than relying solely on regulation. [1][2]

Mr Narayan compared the development of artificial intelligence to the Victorian era Industrial Revolution. BBC News reported that he stressed the need for the country to transition better than it managed during that period. His comments were recorded shortly before Barclays banking group announced 5,000 job cuts as part of an efficiency drive driven by artificial intelligence. [1]

The artificial intelligence market in the United Kingdom was worth over 21 billion pounds in 2025 and is projected to surpass 1 trillion pounds by 2035. It stands as the third largest artificial intelligence market in the world, positioned behind the United States and China. [3]

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In short

  • UK AI minister Kanishka Narayan said Britain cannot let artificial intelligence be ruled by tech bros and oligarchs.
  • Mr Narayan told the BBC that managing artificial intelligence requires building state capability alongside regulation.
  • Barclays banking group announced 5,000 job cuts in an artificial intelligence efficiency drive.
  • The UK artificial intelligence market is projected to reach over 1 trillion pounds by 2035.

Sources

Every paragraph above points to the numbered items it rests on. Read the originals here.

  1. [1]Don't leave AI to tech bros and oligarchs, UK's AI minister saysBBC News, 1h ago (the report this story comes from)
  2. [2]Don't leave AI to tech bros and oligarchs, UK's AI minister saysBBC, 1h ago

Background

  1. [3]Artificial intelligence industry in the United Kingdom on Wikipedia
  2. [4]Marc Andreessen on Wikipedia
  3. [5]Don't on Grokipedia

Our newsroom writes these reports with the help of software, from the 5 sources listed and nothing else, and checks them against those sources. Facts can still be wrong or move on; the originals are the record. Spotted a mistake? Write to daniel@monsterkong.com.

Earlier reports of ours on the same people and subjects.

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