Greg

[Andrew Neil @afneil]

Here are two other UK power records:
1. Highest industrial energy costs in the world.
2. Second highest domestic energy costs in the world.
As E Miliband says, we’re setting an example for the rest of the world. Indeed we are. Which is why nobody is following us.

[Andrew Lawrence @andrewlawrence]

It's a true testament to what a horrific job Labour are doing in government that Tony Blair sounds like a voice of reason in comparison.

[Alan Smith @AlanJLSmith]

Entrepreneurs who sell their business for £10m:

Tax bill in 2019: £1 million

Tax bill in 2026: £2.34 million

A 134% increase in 6 years.

Have you noticed public services significantly improve as a result?

[Greg @GregOutram]

@Timoldland what 😂

[Ramon Agusta @ramonagusta]

These people are absolutely insane...

[Shanker Singham @ShankerASingham]

The idea that Brexit is the cause of the UK’s economic situation, despite money printing on a titanic scale, EU style energy policies that lead to vast energy costs, and massive public spending and welfare costs nobody is prepared to trim, is bizarre.

[Lawrence Whittaker @ListerLawrence]

What I don’t understand about our government, is that surely the only way to spend more is to get more tax £pounds into the exchequer? Nearly all Tax comes from workers. Yet, as a business owner with over 1200 employees I am actively trying to minimise the number of new employees I need. Why? Well first of all our government has increased the NI tax, so it now costs more to employ people. Secondly, they’ve allowed sick pay from day one and i know from personal experience some people get a job just to claim this benefit, since it’s higher than job seekers. Thirdly, business rates have gone through the roof, especially in hospitality. Fourth, Ltd company shares are now liable for inheritance tax which has heavily damaged morale for family companies. Fifth, AI is doing incredible things and all companies will be able to reduce admin and tech functions, which is a no brainer.

Once upon a time when one of my directors said we need a new person for this or that, id happily say “let’s hire three of those roles as more people will achieve more” but now confidence is so much in the toilet and it is no wonder unemployment is on the rise. Until all UK employers feel confident about recruiting and expanding their businesses I fear for our economy.

1% growth per annum is not growth in my book. We need some positivity and motivation for all of us who are prepared to work hard. 🙋‍♂️

[Greg @GregOutram]

@ListerLawrence they’re great fun!

[Michael Brown @MrMBrown]

What an utterly moronic idea

[Greg @GregOutram]

@blvckledge shopping

[Greg @GregOutram]

@hub3rt He’s such a clown

[Greg @GregOutram]

@storeycopy LEAD

[Greg @GregOutram]

@lukepierceops PLAYBOOK

[Robert Sterling @RobertMSterling]

Anthropic’s CEO keeps talking about AI wiping out jobs because he’s trying to IPO this year.

If he positions Claude as armageddon for jobs, his TAM becomes “all white-collar human labor,” not just AI agents or SaaS.

It’s completely self-interested. All the concerns he’s expressing about job disruptions are fake.

It’s a marketing gambit to create hype and FOMO among the people he needs more than anyone else this year: institutional investors like BlackRock, Fidelity, pension funds, and sovereign wealth funds.

If these investors pay for tickets on the hype train—if he can make them believe that AI will eliminate half of white-collar jobs, with Anthropic, as the dominant leader in enterprise AI, positioned to capture the surplus margin—the IPO will be oversubscribed and Anthropic can raise more funds for the company at a higher valuation.

But Dario (or, at least, his bankers) knows that these investors are more fiscally disciplined than they used to be. A lot of them got burned during Covid SPAC-mania and don’t want to risk it again. They’re going to challenge Anthropic about whether it will ever get to sustainably high gross margins, or if its arms race with OpenAI will lead to kilowatt-hours permanently suppressing gross margins. They’re going to ask pointed questions about Anthropic’s massive capex and whether it will ever generate accretive ROIC.

And Dario might not have the answers they’re looking for.

So that’s why—to answer Austen’s smart question—you keep seeing Dario in the news and the podcast circuit, spreading doom and gloom about widespread job loss.

It’s not to make you afraid of losing your job. It’s to get Wall Street afraid of missing out on his IPO.

[Greg @GregOutram]

@nateliason no it isn’t 😂

[Donny Verstappen @DonnyVerstappen]

F1 isn’t F1 anymore.

[Greg @GregOutram]

@scaling_shields AGENCY

[Greg @GregOutram]

@blvckledge gmc

[Leeds United @LUFC]

70’ Becoming a common occurrence this season, as Kelleher goes down needing treatment after Leeds make substitutions. Looks like he’ll now be fine to continue after the Brentford players check in with their manager. 0-0

[Greg @GregOutram]

@theharut @theaymanarab