QuantumAI

Finance. Tech. Physics. AI/Machine Learning/Space. Limited Government. *Nothing here is investment advice*

[QuantumAI @QuantumAI6]

@PhilipProudfoot @ZacGoldsmith There's no evidence of a genocide, and there's no evidence that these individuals have committed war crimes. So why the fuck create a database...

[QuantumAI @QuantumAI6]

He probably doesn't even know what a hedge fund is- he likely thinks it's either some evil capitalist organisation or a fund for garden hedges. Anyway, even if he had met with them, what are his assurances really worth? I remember when Reeves and Co. reassured the city; and what did that come to...

[Cut My Tax @CutMyTaxUK]

@Keir_Starmer Keir, the very first move under nationalisation was to cancel hundreds of train services. Was this "for the public good"?

Welcome everyone to the reality of state ownership - poorer services & lower investment. Just look at HS2 to conclude if bureaucrats can run a railway.

[QuantumAI @QuantumAI6]

@Keir_Starmer Astonishing that the PM can besmirch private profit.

[QuantumAI @QuantumAI6]

He can say a lot of things because he's not the PM and people like you fall for it. They use words like "fairer" to appeal to people with good intentions who don't realise the unintended consequences are more harmful than the problems they're trying to solve.

It has never worked, which is why no other country does this. It causes major changes in behaviour; capital is mobile, so it relocates or finds ways to avoid the impact, either by not selling or by never investing in the first place.

Other jurisdictions win and we would lose if this was to be implemented.

[QuantumAI @QuantumAI6]

@spanishblueye @DanielJHannan Yes, definitely- we recorded the highest net outflow of millionaires of any country in the world last year, at 16,500, so let's respond by taxing them even more. 🤡

[QuantumAI @QuantumAI6]

@PolitlcsUK @kateferguson4 That makes sense- she's never worked as an economist, banker, or financial analyst. In fact, she's never even held a private-sector finance role...

[QuantumAI @QuantumAI6]

@SuellaBraverman @BrugesGroup A spiteful/ignorant government together with destructive energy policies having a bigger impact than most people realise.

[QuantumAI @QuantumAI6]

@JonathanRo11063 @MatthewStadlen @tomhfh Who mentioned university?

[QuantumAI @QuantumAI6]

@AntaxMax @MatthewStadlen @tomhfh Yes, correct- eliminating tariffs, free trade, reducing regulation, and addressing other market inefficiencies, etc. However, I was referring to the company level...

[QuantumAI @QuantumAI6]

The only sustainable way to pay people more (raise real wages) is through knowledge acquisition. Education boosts productivity and creativity, which in turn increases the value workers can create for *themselves*.

Everything has a price, including labour. Artificially distorting that price for political reasons leads to higher unemployment.

I don't understand why so many people repeat arguments that are demonstrably flawed and fail to consider second and third order effects. It's not even A-Level economics.

[QuantumAI @QuantumAI6]

Excellent observation.

It sounded good to me too on first appraisal, but you're right- it would distort the labour market, incentivising longer hours at the expense of employment. Even setting aside political objectives, for a multitude of reasons, that's a suboptimal use of labour.

Far better would be broad tax cuts together with simplification and reversal of anti-business employment law...

[Politics UK @PolitlcsUK]

🚨 NEW: Nigel Farage has pledged to scrap income tax on overtime above 40 hours a week for anyone earning under £75,000

[@Telegraph]

[David Buik @truemagic68]

A wonderful lunch with great friends ruined by the owner telling us after 20 years he’s packing it in! Why – NIC, minimum wage, business rate but MOST of all welfare & benefits. No one will work more than 20 hours a week because of loss of benefits. Cont'd underneath

[QuantumAI @QuantumAI6]

@Keir_Starmer How many times in the last year has this guy mentioned "hardworking people" and "free"?

Maybe if everything weren't "free," people wouldn't have to work so hard!

[QuantumAI @QuantumAI6]

The elephant in the room is that developments in expensive areas should have 0 social housing requirements, Section 106 "obligations" should instead be directed toward building in inexpensive areas where land is cheap. This would obviously maximise housing output, if that was true political objective.

The price paid would be that poorer people can't expect to live in wealthy neighbourhoods.

[C🅰️tSE @CatSE___ApeX___]

$ASTS

[QuantumAI @QuantumAI6]

Disgraceful.

Their input costs are rising as a direct consequence of the government's inept fiscal policy, and they expect supermarkets to absorb those costs so their incompetence isn't as obvious to the electorate.

They've squeezed the oil and gas industry as much as they can without it throwing in the towel, so now they're moving on to the next industry to wreck.

They will never look at their own failings...

[AST SpaceMobile @AST_SpaceMobile]

A BlueBird convoy is officially underway.

Two BlueBirds are already making their way to Cape Canaveral, with the third close behind.

Next stop: the launch pad.  🚀 🚀 🚀 🚀 🚀 ���� 🚀 🚀 🚀 🚀

Built in Texas. Broadband from space. Designed to connect directly to everyday smartphones.��📶📱

#ASTSpaceMobile #Broadband #ConnectingtheUnconnected #BlueBirds

[QuantumAI @QuantumAI6]

@CityAM Makes total sense when you make building 1.5 million homes a core part of your manifesto.