In this episode of the Sifted podcast, host John Thornhill sits down with Carissa Véliz, AI ethicist, philosopher and associate professor at Oxford University to explore how algorithms and data are reshaping our lives and workplaces.

Carissa's latest book, Prophecy: Prediction, Power, and the Fight for the Future, describes how ancient oracles, medieval soothsayers and modern-day AIs all tend to tell the powerful what they want to hear. What does that mean, for example, when we apply AIs to hiring and firing decisions at our companies or VCs?

John and Carissa also explore whether tech giants are capable of meaningful self-regulation and what it would look like to build AIs that work for people rather than surveil them.

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The competition that captivated European VC has concluded.

Earlier this week, the EU chose Swedish investment firm EQT to manage its new €5bn Scaleup Europe Fund after a closely-watched race among the region’s top firms like the UK’s Atomico and France’s Eurazeo.

On this week’s — somewhat emergency — episode of the Sifted podcast, host Freya Pratty chats to senior reporter Anne Sraders about the selection process to run the fund, when it will begin deploying and which lucky companies might be backed.

Fresh off an interview with EQT investors, the pair also dig into how the firm wants to manage the fund, their reaction upon hearing the news — and whether there could be a second scale-up fund on its way soon.

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This week on the Sifted Podcast, host John Thornhill is joined by James Wise, partner at Balderton Capital. Since joining the firm in 2012, James has led investments in second-hand shopping platform Depop, AI agent maker Convergence and bank payment fintech GoCardless — as well as AI frontier lab Prior Labs, which was acquired by German software giant SAP earlier this month.

James discusses how the acquisition came about, including his meeting with the cofounders before the company even existed.

James also shares about his new gig as chair of the Sovereign AI Unit, a £500m initiative launched by the UK government earlier this year. He talks through its investments to date — which include Isomorphic Labs, Ineffable Intelligence and Callosum — and responds to the backlash it has received.

The pair also discuss AI's public perception problem, James's biggest investment miss and whether Europe is ready to seize the moment in the race for AGI.

For quarterly updates of the Sovereign AI Unit’s progress, check out James’ blog: https://www.jameswise.com/author/james-wise/

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