Bloomberg Opinion columnist Chris Hughes argues that the shift of Google DeepMind’s power base toward California underscores a broader pattern of Britain creating technology value that ends up captured elsewhere. Hughes notes that if DeepMind were valued at just one percent of parent Alphabet’s worth, it would still rank as a top-quartile FTSE 100 company on its own, illustrating the scale of the opportunity cost to London. The piece situates DeepMind’s recent leadership shakeup within a wider concern about senior jobs and strategic control migrating away from UK-founded technology companies toward their overseas parent firms.
