John Searle splits the difference by saying that consciousness is, in relation to matter, “ontologically irreducible but causally reducible.” Here’s parts 1 and 2 of a longer talk. If you don’t want to hear the biographical introduction to Searle, you can skip the first two minutes of part 1. Searle starts talking at the two minute mark:
And here’s part 2:
Part 3 is here.