Jan Jindra

Software Engineer @JPMorgan | MSc Quantitative Finance @UofGlasgow | Founder of @UoGFinTech society

[Jan Jindra @JanJindra2]

Please to say I've successfully pass the GitHub Copilot certification! 🤖

[Jan Jindra @JanJindra2]

Amazing event tonight at @iealondon in Westminster. 🇬🇧
Book launch and panel discussion on the topic of “The Great Stagnation: Why Britain Stopped Growing”. Featuring shadow chancellor @griffitha

[Small State UK @smallStateUK]

Lots of talk about the Bank of England (BoE) unwinding its Quantitative Easing (QE) program these days, but the real story is the toxic addiction to public debt and the inevitable failure of money printing.

Here's what’s happening:

1️⃣ The original sin: QE should never have happened. It was a reckless monetary experiment that distorted price signals and served as a giant credit card for big government, enabling politicians to rack up massive public debt and predictably ignite inflation.

2️⃣ The mechanics: Under Quantitative Tightening (QT), that printed cash is finally being destroyed. Because interest rates have rightly risen to fight inflation, the gilts bought during the cheap-money era have naturally fallen in value, and the variable interest rate paid by the Asset Purchase Facility (APF) on its reserves has sharply increased.

3️⃣ The active vs. passive dilemma: There is a fierce debate over how to unwind this mess. "Passive QT" means holding the bonds until they mature. This avoids selling them now and crystallising capital loss, but it leaves excess fiat sloshing around in the economy for years and bleeds daily interest. "Active QT" (this is the current approach of the BoE) rips the band-aid off by selling bonds immediately to shrink the money supply faster, but it locks in catastrophic financial losses at the absolute worst time.

4️⃣ The Bill Comes Due: Regardless of the method chosen, the Treasury now has to cover these massive trading and interest losses. For years, politicians happily treated the artificial "profits" of QE as free revenue to fuel state expansion. Now that the cycle has turned, the state is forced to face the harsh reality of its liabilities.

Bottom line: We are now debating which is better between the slow interest bleed of passive QT and the immediate taxpayer hit of active QT -- but this entire dilemma is a trap of the government's own making. If the state didn't rely on reckless borrowing and artificial money-printing to fund a bloated public sector in the first place, we wouldn't be paying the price for it today.

[Jan Jindra @JanJindra2]

Nearly nine in 10 leasehold flats still on the market after six months https://t.co/taAstO3hn6 via @ft

[Jan Jindra @JanJindra2]

Insight #3
Workers in the most exposed professions are more likely to be older, female, more educated, and higher-paid. We find no systematic increase in unemployment for exposed workers since late 2022, though we find suggestive evidence that hiring of younger workers has slowed

[Jan Jindra @JanJindra2]

Impact of AI on labour market.
Study by Anthropic https://t.co/TdOJivw0id

[Jan Jindra @JanJindra2]

Insight #2:
AI is far from reaching its theoretical capability: actual coverage remains a fraction of what's feasible. Occupations with higher observed exposure are projected by the BLS to grow less through 2034.

[Jan Jindra @JanJindra2]

Insight #1:
We introduce a new measure of AI displacement risk, observed exposure, that combines theoretical LLM capability and real-world usage data, weighting automated (rather than augmentative) and work-related uses more heavily.

[Jan Jindra @JanJindra2]

Star Psychologist Adam Grant Says Your Overall Success at Work Comes Down to Three Simple Words @MarcelSchwantes https://t.co/gTIprO4PIc via @Inc

[Jan Jindra @JanJindra2]

📚By Jordan B. Peterson @jordanbpeterson in 12 Rules for Life:
➡️”But if it’s uncertain that our ideals are attainable, why do we bother reaching in the first place? Because if you don’t reach for them, it is certain you will never feel that your life has meaning.” 💡

[Jan Jindra @JanJindra2]

“A career portfolio is a never-ending source of discovery and fulfillment. It represents your vast and diverse professional journey, including the various twists and turns, whether made by choice or by circumstance.”
-> https://t.co/LQ2lfU0NYD
#career #developement #learning

[Jan Jindra @JanJindra2]

5 Ways to Future-Proof Your Career in the Age of AI
- https://t.co/htNTIfd9Mg

[Jan Jindra @JanJindra2]

Continuous Learning Vital to Career Development https://t.co/i83sNyUugI via @digitfyi
#learning #development #career #upskilling #reskilling

[Steve Magness @stevemagness]

“The journey is the reward.” - Chinese proverb

Don’t get so caught up in the destination that you forget to enjoy the process.

The process is where you learn, grow & have fun.
The process is where you find meaning and purpose.

[Jan Jindra @JanJindra2]

Brilliant ideas, insights and trends in #WealthTech explored in this report. 👍 Good job ⁦@Fincite2020⁩ #WealthManagement #digitization #tech #alternativeassets #masspersonalisation #seamlessexperience #innovation https://t.co/FJhzwrIXba

[Jan Jindra @JanJindra2]

#psychology #growth #development #lifechoice #challenge💡

[Jan Jindra @JanJindra2]

Sleduji online sčítání hlasů prezidentských voleb v v ČR a je to napínavé! Rád bych, aby příští prezidentské volby v ČR byly elektronické, aby bylo mnohem snadnější hlasovat i z ciziny. Doufám, že se nám to brzy podaří! #prezidentskevolby2023 #volby2023 #prezident2023 #cz #cze

[Jan Jindra @JanJindra2]

💡"If you want to be sustainably forever employable for years to come, you've got to be agile and constantly keep your finger on the pulse of what your market wants and then make adjustments accordingly." ~ @jboogie
#ContinuousLearning #Improvement #Reinvention #SelfConfidence

[Jan Jindra @JanJindra2]

Last year, I dove into the world of #softwareengineering, #personalDevelopment and the #FutureOfTechnology through these page-turners! 📚💻🚀 Share your must-reads for 2023 and let's keep the learning going! #BookWorm #TechTrends #CareerDevelopment 📈📚🚀

[Jan Jindra @JanJindra2]

Spot on! 👏
1️⃣ #adaptability
2️⃣ #continuouslearning
2️⃣ #networking
Three key skills one needs to develop in order to be successful in the #futureofwork. https://t.co/C6tkz3argh