How Rishi Sunak became the first Silicon Valley prime minister

On 2 November 2023, Rishi Sunak closed his global AI Safety Summit at Bletchley Park by interviewing the richest man on Earth, Elon Musk. The mood was deferential (the PM towards the tech billionaire). Was Sunak eyeing up a post-politics job in San Francisco, some wondered, or calculating that Musk’s Twitter might be an effective campaigning tool come 2024?

In this week’s audio long read, the New Statesman contributing writer Quinn Slobodian examines the origins of Sunak’s “fanboy-ish enthusiasm” for the billionaire tech disruptors. These lie in the publication of a 1997 business book, he writes: The Sovereign Individual: How to Survive and Thrive During the Collapse of the Welfare State, by the American venture capitalist James Dale Davidson and William Rees-Mogg, father of Jacob. The book has become cult reading among tech leaders, and influential on the alt-right: its world view of a libertarian internet and the rise of economic freeports and tax havens chimed with a wealthy elite who saw a chance to get much, much richer. In Sunak, Slobodian argues, we see the arrival of the sovereign individual in Downing Street: “a ‘two-fer’, as they say in America: both its first Silicon Valley prime minister and its first hedge fund prime minister”.

Written by Quinn Slobodian and read by Will Lloyd.

This article originally appeared in the 2 November 2022 issue of the New Statesman; you can read the text version here.

If you enjoyed this episode, you might also enjoy Sam Bankman-Fried and the effective altruism delusion by Sophie McBain.

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