The problem we have in this country is that many of our brightest people take jobs in the finance industry, rather than science or engineering.
The rewards in the finance sector are far too high relatively speaking - and effectively a tax on everyone else in the country. Compare what we pay in fees for our defined contribution pensions with elsewhere for example. Scandalous.
That's a different point to what was being made in the video (which seemed a bit mixed up frankly).