{"id":211881,"date":"2025-12-18T19:50:23","date_gmt":"2025-12-18T19:50:23","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2025\/12\/18\/why-british-politicians-are-flocking-to-american-tech-giants-techcrunch\/"},"modified":"2025-12-18T19:50:23","modified_gmt":"2025-12-18T19:50:23","slug":"why-british-politicians-are-flocking-to-american-tech-giants-techcrunch","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2025\/12\/18\/why-british-politicians-are-flocking-to-american-tech-giants-techcrunch\/","title":{"rendered":"Why British politicians are flocking to American tech giants | TechCrunch"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p id=\"speakable-summary\" class=\"wp-block-paragraph\">The AI talent wars show no signs of slowing, with companies making headlines weekly for their latest high-profile hires. This includes engineers they are poaching from each other or <a href=\"https:\/\/techcrunch.com\/2025\/10\/03\/with-its-latest-acqui-hire-openai-is-doubling-down-on-personalized-consumer-ai\/\" target=\"_blank\" rel=\"noopener\">acqui-hiring<\/a> but also, increasingly, senior executives that can support them as they scale up.<\/p>\n<p class=\"wp-block-paragraph\">Less than 10 days after Slack CEO Denise Dresser <a href=\"https:\/\/techcrunch.com\/2025\/12\/09\/slack-ceo-denise-dresser-to-join-openai-as-chief-revenue-officer\/\" target=\"_blank\" rel=\"noopener\">became OpenAI\u2019s chief revenue officer<\/a>, former British finance minister George Osborne announced he was <a href=\"https:\/\/www.bbc.com\/news\/articles\/cd6xz1jv4ezo\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">joining Sam Altman\u2019s company<\/a>. Shortly thereafter, the crypto exchange Coinbase separately appointed Osborne to <a href=\"https:\/\/www.reuters.com\/sustainability\/boards-policy-regulation\/coinbase-appoints-uk-ex-finance-minister-george-osborne-run-advisory-council-2025-12-18\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">lead its internal advisory council<\/a>.<\/p>\n<p class=\"wp-block-paragraph\">The announcements drew particular attention in the U.K., where commenters noted that Osborne joins a <a href=\"https:\/\/www.theregister.com\/2025\/12\/17\/openai_george_osborne\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">growing list<\/a> of former British politicians now working for major U.S. tech companies.<\/p>\n<p class=\"wp-block-paragraph\">If you\u2019re not familiar with him or this trend, here\u2019s what you need to know.<\/p>\n<h3 class=\"wp-block-heading\" id=\"h-what-has-osborne-s-career-looked-like\">What has Osborne\u2019s career looked like?<\/h3>\n<p class=\"wp-block-paragraph\">A former conservative Member of Parliament, George Osborne served as chancellor of the Exchequer from 2010 to 2016 \u2014 a role equivalent to that of a finance minister or treasury secretary in other countries, and currently held by Rachel Reeves.<\/p>\n<p class=\"wp-block-paragraph\">After Prime Minister David Cameron resigned following the 2016 Brexit vote, Osborne eventually left public office in 2017. Alongside multiple other engagements, including a part-time advisory role for the investment firm BlackRock, he served as editor of the <a href=\"https:\/\/en.wikipedia.org\/wiki\/The_Standard_(London_newspaper)\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Evening Standard<\/a> from 2017 to 2020.<\/p>\n<p class=\"wp-block-paragraph\">During that period, he also co-founded a VC firm, <a href=\"https:\/\/www.9yardscapital.com\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">9yards Capital<\/a>, with his brother Theo and <a href=\"https:\/\/www.ft.com\/content\/c1af594c-fef5-11e8-ac00-57a2a826423e\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Theo\u2019s brother-in-law David Fisher<\/a> as co-founders and managing partners. Several companies in 9yards\u2019 portfolio have gone public since then \u2014 including Robinhood, Toast, and Coinbase.\u00a0<\/p>\n<div class=\"wp-block-techcrunch-inline-cta\">\n<div class=\"inline-cta__wrapper\">\n<p>Techcrunch event<\/p>\n<div class=\"inline-cta__content\">\n<p>\n\t\t\t\t\t\t\t\t\t<span class=\"inline-cta__location\">San Francisco<\/span><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"inline-cta__separator\">|<\/span><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"inline-cta__date\">October 13-15, 2026<\/span>\n\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<h3 class=\"wp-block-heading\" id=\"h-what-s-his-new-role-at-openai\">What\u2019s his new role at OpenAI?<\/h3>\n<p class=\"wp-block-paragraph\">Osborne <a href=\"https:\/\/x.com\/George_Osborne\/status\/2000982429247365479\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">announced<\/a> on X that he was joining OpenAI \u201cas managing director and head of OpenAI for [C]ountries, based here in London.\u201d\u00a0He will help expand existing partnerships and build new ones, OpenAI chief global affairs officer Chris Lehane wrote <a href=\"https:\/\/www.linkedin.com\/posts\/chris-lehane-2562535_ive-spent-enough-time-in-government-to-know-activity-7406755715211628546-NpvR\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">on LinkedIn<\/a>.<\/p>\n<p class=\"wp-block-paragraph\">Introduced in May 2025, <a href=\"https:\/\/techcrunch.com\/2025\/05\/07\/openai-wants-to-team-up-with-governments-to-grow-ai-infrastructure\/\" target=\"_blank\" rel=\"noopener\">OpenAI for Countries<\/a> is an initiative through which the AI company partners with governments looking to build in-country data center capacity and localize ChatGPT for their language and culture.<\/p>\n<p class=\"wp-block-paragraph\">OpenAI for Countries is an extension of the <a href=\"https:\/\/techcrunch.com\/2025\/01\/21\/openai-teams-up-with-softbank-and-oracle-on-50b-data-center-project\/\" target=\"_blank\" rel=\"noopener\">Stargate project<\/a>, a $500 billion initiative through which OpenAI is currently <a href=\"https:\/\/techcrunch.com\/2025\/09\/23\/openai-is-building-five-new-stargate-data-centers-with-oracle-and-softbank\/\" target=\"_blank\" rel=\"noopener\">building five new data centers<\/a> across the U.S. with Oracle and SoftBank. But beyond infrastructure, its stated goal is to \u201csupport countries around the world that would prefer to build on democratic AI rails.\u201d<\/p>\n<p class=\"wp-block-paragraph\">As OpenAI <a href=\"https:\/\/openai.com\/index\/ten-years\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">turns 10<\/a>, it is only natural that it starts hiring the kind of talent that won\u2019t get <a href=\"https:\/\/www.vanityfair.com\/news\/2016\/06\/y-combinator-sam-altman-kicked-out-of-the-ritz-for-violating-dress-code\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">turned down at the Ritz for wearing sport shoes<\/a>. An Oxford graduate and the son of a baronet, Osborne fits the bill \u2014 but his network and reach are even more valuable, and his podcast with former Labour shadow chancellor Ed Balls, called \u201c<a href=\"https:\/\/www.youtube.com\/@polcurrency\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Political Currency<\/a>,\u201d underscores his extensive political connections.<\/p>\n<p class=\"wp-block-paragraph\">His track record and contacts could be even more directly relevant for Coinbase, which he was already advising and where he will now \u201cplay a much more active role in helping us with policymakers around the world,\u201d the company\u2019s chief policy officer Faryar Shirzad <a href=\"https:\/\/www.reuters.com\/sustainability\/boards-policy-regulation\/coinbase-appoints-uk-ex-finance-minister-george-osborne-run-advisory-council-2025-12-18\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">told Reuters<\/a>.<\/p>\n<p class=\"wp-block-paragraph\">Staying on the right side of regulators is particularly important for crypto exchanges such as Coinbase, which has been making efforts to influence governments in the U.S. and beyond. But this is also critical for OpenAI, which intends to weigh in as AI gains a foothold in governments\u2019 agendas.<\/p>\n<p class=\"wp-block-paragraph\">According to Lehane\u2019s LinkedIn post, Osborne\u2019s decision to take the role \u201creflects a shared belief that AI is becoming critical infrastructure \u2014 and early decisions about how it\u2019s built, governed, and deployed will shape economics and geopolitics for years to come.\u201d<\/p>\n<h3 class=\"wp-block-heading\" id=\"h-the-pattern-to-watch\">The pattern to watch<\/h3>\n<p class=\"wp-block-paragraph\">Osborne\u2019s latest role immediately drew parallels with other high-profile British politicians who went on to join major U.S. tech companies.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">These include former U.K. deputy Prime Minister and Liberal Democrat leader Nick Clegg, who served as Meta\u2019s policy chief <a href=\"https:\/\/techcrunch.com\/2025\/01\/02\/meta-policy-chief-nick-clegg-steps-down\/\" target=\"_blank\" rel=\"noopener\">for over six years<\/a>, and, more recently, former Prime Minister Rishi Sunak taking on advisory roles <a href=\"https:\/\/www.bbc.com\/news\/articles\/clyqe22pz81o\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">with Microsoft and AI firm Anthropic<\/a>.<\/p>\n<p class=\"wp-block-paragraph\">This trend raises different concerns depending on your perspective. Some critics worry about active Members of Parliament like Sunak potentially advocating for U.S. corporate interests while still serving in government. Others take issue with former officials like Osborne leveraging their government experience and connections to secure <a href=\"https:\/\/www.theguardian.com\/politics\/2023\/may\/15\/george-osborne-investment-management-lingotto-agnelli-exor\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">highly lucrative<\/a> private sector positions.<\/p>\n<p class=\"wp-block-paragraph\">The \u201crevolving door\u201d phenomenon between government and the private sector <a href=\"https:\/\/en.wikipedia.org\/wiki\/Revolving_door_(politics)\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">isn\u2019t new<\/a>. But the practice has attracted heightened scrutiny in Europe, especially when controversial foreign companies \u2014 whether tech firms or retailers<a href=\"https:\/\/www.lemonde.fr\/en\/politics\/article\/2025\/06\/11\/macron-defends-former-minister-now-lobbying-for-shein_6742246_5.html\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"> like Shein<\/a> \u2014 hire former <a href=\"https:\/\/www.lemonde.fr\/en\/france\/article\/2025\/11\/05\/shein-why-french-authorities-struggle-to-regulate-fast-fashion-giant_6747133_7.html\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">government officials<\/a> to help navigate regulations and influence policy.<\/p>\n<p class=\"wp-block-paragraph\">Seen from the other side, this is simply a matter of leveraging skills and experience. In his bio on 9yards\u2019 team page, the VC firm touts that \u201cGeorge devised many regulations that positioned the U.K. as a global fintech leader, including the open banking regime and the FCA \u2018sandbox.\u2019\u201d<\/p>\n<p class=\"wp-block-paragraph\">Others, however, view Osborne\u2019s career moves more critically. They point to his controversial austerity policies as chancellor, and note that he has a history of ethics concerns around the revolving door. For example, when he took the Evening Standard editor job in 2017, he failed to seek approval from the government\u2019s ethics watchdog first \u2014 a move that led to the body being criticized as \u201ctoothless.\u201d His attitude at the time was telling: \u201cAt the age of 45, I don\u2019t want to spend the rest of my life just being an ex-chancellor,\u201d Osborne declared.<\/p>\n<p class=\"wp-block-paragraph\">Either way, that mindset \u2014 transitioning quickly from public service to high-paying private roles \u2014 is precisely what makes his OpenAI and Coinbase appointments part of a broader pattern that concerns ethics watchdogs today.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/techcrunch.com\/2025\/12\/18\/why-british-politicians-are-flocking-to-american-tech-giants\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The AI talent wars show no signs of slowing, with companies making headlines weekly for their latest high-profile hires. This includes engineers they are poaching from each other or acqui-hiring but also, increasingly, senior executives that can support them as they scale up. Less than 10 days after Slack CEO Denise Dresser became OpenAI\u2019s chief [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":211882,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":{"0":"post-211881","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tech"},"_links":{"self":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/211881","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=211881"}],"version-history":[{"count":0,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/211881\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/211882"}],"wp:attachment":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=211881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=211881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=211881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}