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Pocketmags Digital Magazines
Pocketmags Digital Magazines

Back innovators, not incumbents

It would have been hard not to feel sorry for Greg Clark, the Business Secretary. The launch of his long-awaited industrial strategy was usurped by a high profile example of transnational engagement— a Royal Wedding announcement.

The industrial strategy was the government’s attempt to set out a long term vision for Britain’s place in the world. The key announcements covered investment in innovation and a commitment to a 2.4 per cent target for R&D investment, and a strong focus on commercialising the UK’s research strengths. It also addressed Britain’s woeful productivity performance, and how to prepare the workforce for the jobs of the future. Funding will be trained on four “grand challenges”: an ageing society, the future of mobility, clean growth and artificial intelligence (AI).

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About Prospect Magazine

In Prospect’s January 2018 issue: Five writers attempt to plot the impending advances in shopping, politics, sex, food and computing through 2018. James Plunkett looks at shopping and explains how personalised prices will hand even more power to the big companies; Theo Bertram outlines why political volatility is here to stay and what it means for us; Kate Devlin argues that sex robots are only a part of the impending sexual revolution; Stephanie Boland outlines why we’ll all end up eating lab grown food; and Jay Elwes explains the next steps in our computing quantum leap. Elsewhere in the issue: Dani Rodrik uncovers the truth behind the great globalisation lie—there were always going to be losers, Iona Craig delves into the war in Yemen—the world’s worst humanitarian disaster, Chris Tilbury explains why Britain urgently needs a plan for its failing prisons