If you enhoyed this episode you might enjoy our interview with Nick Clegg: th-cam.com/video/sjtmpyIJALE/w-d-xo.html As to the video's mentioned in the video, check out our BTS tour of Amazon's most technology advanced site: th-cam.com/video/nIXLXoF33dY/w-d-xo.html In addition, the interview with Will Butler Adams on the bGF Good Growth Podcast: th-cam.com/video/xtvDEWX87eU/w-d-xo.html
Excellent watch and WH as insightful as ever. I wish I could work on his team . Although, practical reality with AI in public institutions like Police, Defence, Politics or NHS have a force that revolts change. Important bridging skills force be employed to change culture to transition people over.
Increasing the minimum wage & employers National Insurance will encourage employers to invest in automation in order to improve productivity & a lack of productivity growth has been one of our major handicaps. 🤔
David I could talk about this for hours, do you want higher productivity or more people in the workforce?! Quite a tough call for Governments to make ...
@ Not really. We have a labour shortage in this Country which is making it necessary for us to import hundreds of thousands, and in one year over a million people to fill the gaps in the workforce. We do not have the housing, NHS capacity or school places for these extra people. I think the answer is obvious, we need a more productive workforce!
@jimmysjobs we have a labour shortage, the bulk of the unemployment is not in the same places as the shortages. The analysis of the budget I've seen is minimal impact on unemployment, we also don't know yet what structural investment is coming which will create jobs.
@@SlowhandGreg So, if the labour is needed where there is no unemployment, the employer has the choice to bring labour in from abroad & pay the new higher minimum wage & NI, or automate. So they should still be more inclined to invest in automation than before the budget.
@@jimmysjobs if we are seeing a big fall in the birth rate its got to be automation. Unless we wait to create jobs for migrants. White people are already becoming a minority by 2060.
@@jimmysjobs Most people i know below the age of 30 are interested in working overseas if only for a stint, would be great to see some content that addresses this yearning.
The issue for the UK economy with AI is not the transition in the job market. It is the development of the supply chain. The cost of physically supporting the systems is hugh and can only be sustained by companies in the Magnificent 7 and China. The UK is very unlikely to reap rewards from innovation in AI with investment being negligible against US companies and with China investing SIX TIMES that of all US companies. Coupled with most of the UK personal assets (ex property) being invested in the US market and heavy on the Magnifient 7 it is unlikely that the budget will drive the UK into a competitive global position.
That is an extremely good point, I didn't go into compute power with WH, as don't think either of us would think it is our speciality. However, I think we can both talk about the potential impacts on the job market, because that does not matter so much where the compute power is located. But thanks for watching and writing such an insightful comment, try the Nick Clegg episode.
@@jimmysjobs Thank you for persevering, she's been on a few podcasts and done some more longer-form interviews, but the questions she's been asked haven't explored her views on the future of work, the UK economy in an increasingly regionalised world and the role of technology enough. Hopefully you succeed in getting her on. She gives interesting perspectives usually.
He said it himself cheap energy was pivotal to the first industrial revolution. We now have some of the most expensive energy costs in the world. We need plentiful cheap energy.
The idea because Russia might be bring 10,000 North Korea soldiers says that Russia is exhausted is stupid to the extreme. All the money Britain/EU has sent has been completely wasted. Russia still has not used any conscripted soldiers in Ukraine (when you do they have 1.5 million active-duty troops - but apparently its exhausted?). Why hasn't Russia run out of missiles, artillery or tanks or even troops after we were told they would by Western leaders over and over and over again?
The primary role of a university chancellor is to bring in money, hence why politicians often end up in the role. Unlike US, a large fraction of university funding derives from the government, either as direct tax payer funded subsidies or through government schemes like student visas.
We voted 3 times on Conservative manifesto promises to reduce migration and it increased against our democratic wishes. We voted Brexit in a referendum to reduce migration and take back control. Immigration went up enormously. Hague did nothing. NOTHING! THAT'S NOT LEGITIMATE DEMOCRACY.
They are just the political wing of international finance capitalism and look on our ancestral homeland as just an economic zone open to the World. My part of London collapsed into Mogadishu.
What an admission he doesn’t get that values lead to policies, this the question Huw do you get the public to listen. Firstly maybe they need to listen to people not just instruct them. Secondly fly our values are being destroyed by woke. We’ve never supported untruth as good values , now with gender, race, healthcare and even climate being politicised by woke politics we’ve little chance. Someone in politics needs to stand up to these woke values as they are undermining our society and its ability to influence political decision makers. It’s time they listened to this KB has this at the core of her values. I’m staggered he can’t appreciate how globally woke Harris and dems are. If they win we’ll be even deeper into woke values…. There go truth based policies. This will get worse as woke decision making focuses on ideaology not talent. Many in powerful positions have gained their roles through dei not talent- that’s what’s produced a candidate as empty and manufactured as Harris.
If you enhoyed this episode you might enjoy our interview with Nick Clegg: th-cam.com/video/sjtmpyIJALE/w-d-xo.html
As to the video's mentioned in the video, check out our BTS tour of Amazon's most technology advanced site: th-cam.com/video/nIXLXoF33dY/w-d-xo.html
In addition, the interview with Will Butler Adams on the bGF Good Growth Podcast: th-cam.com/video/xtvDEWX87eU/w-d-xo.html
Excellent watch and WH as insightful as ever. I wish I could work on his team . Although, practical reality with AI in public institutions like Police, Defence, Politics or NHS have a force that revolts change. Important bridging skills force be employed to change culture to transition people over.
Increasing the minimum wage & employers National Insurance will encourage employers to invest in automation in order to improve productivity & a lack of productivity growth has been one of our major handicaps.
🤔
David I could talk about this for hours, do you want higher productivity or more people in the workforce?! Quite a tough call for Governments to make ...
@
Not really.
We have a labour shortage in this Country which is making it necessary for us to import hundreds of thousands, and in one year over a million people to fill the gaps in the workforce.
We do not have the housing, NHS capacity or school places for these extra people.
I think the answer is obvious, we need a more productive workforce!
@jimmysjobs we have a labour shortage, the bulk of the unemployment is not in the same places as the shortages.
The analysis of the budget I've seen is minimal impact on unemployment, we also don't know yet what structural investment is coming which will create jobs.
@@SlowhandGreg
So, if the labour is needed where there is no unemployment, the employer has the choice to bring labour in from abroad & pay the new higher minimum wage & NI, or automate.
So they should still be more inclined to invest in automation than before the budget.
@@jimmysjobs if we are seeing a big fall in the birth rate its got to be automation.
Unless we wait to create jobs for migrants. White people are already becoming a minority by 2060.
Another good'un - really enjoyed this - keep it up 👍
Cheers Romano, who would you like to see us try and get on?
@@jimmysjobs Most people i know below the age of 30 are interested in working overseas if only for a stint, would be great to see some content that addresses this yearning.
Well done.
Thank you - hope you subscribe and stick around.
The issue for the UK economy with AI is not the transition in the job market. It is the development of the supply chain.
The cost of physically supporting the systems is hugh and can only be sustained by companies in the Magnificent 7 and China. The UK is very unlikely to reap rewards from innovation in AI with investment being negligible against US companies and with China investing SIX TIMES that of all US companies. Coupled with most of the UK personal assets (ex property) being invested in the US market and heavy on the Magnifient 7 it is unlikely that the budget will drive the UK into a competitive global position.
That is an extremely good point, I didn't go into compute power with WH, as don't think either of us would think it is our speciality. However, I think we can both talk about the potential impacts on the job market, because that does not matter so much where the compute power is located.
But thanks for watching and writing such an insightful comment, try the Nick Clegg episode.
Please invite Kemi Badenoch onto your podcast next
Trust me KJ - I have tried and continue to try, would be super interesting.
@@jimmysjobs Thank you for persevering, she's been on a few podcasts and done some more longer-form interviews, but the questions she's been asked haven't explored her views on the future of work, the UK economy in an increasingly regionalised world and the role of technology enough.
Hopefully you succeed in getting her on. She gives interesting perspectives usually.
An interesting broadcast
Thank you, I appreciate that :)
He said it himself cheap energy was pivotal to the first industrial revolution. We now have some of the most expensive energy costs in the world. We need plentiful cheap energy.
My parents won't put their heating on.
The idea because Russia might be bring 10,000 North Korea soldiers says that Russia is exhausted is stupid to the extreme. All the money Britain/EU has sent has been completely wasted. Russia still has not used any conscripted soldiers in Ukraine (when you do they have 1.5 million active-duty troops - but apparently its exhausted?). Why hasn't Russia run out of missiles, artillery or tanks or even troops after we were told they would by Western leaders over and over and over again?
The NeoCons have completely lied to the public about Ukraine. Its just another NeoCon disaster like Syria Libya Iraq and Afghanistan.
The primary role of a university chancellor is to bring in money, hence why politicians often end up in the role. Unlike US, a large fraction of university funding derives from the government, either as direct tax payer funded subsidies or through government schemes like student visas.
We voted 3 times on Conservative manifesto promises to reduce migration and it increased against our democratic wishes.
We voted Brexit in a referendum to reduce migration and take back control. Immigration went up enormously.
Hague did nothing. NOTHING!
THAT'S NOT LEGITIMATE DEMOCRACY.
I think technically it was four times ...
They are just the political wing of international finance capitalism and look on our ancestral homeland as just an economic zone open to the World.
My part of London collapsed into Mogadishu.
Germany has better local and regional focused Banks.
Why the background music and subtitles? Ghastly.
What an admission he doesn’t get that values lead to policies, this the question Huw do you get the public to listen. Firstly maybe they need to listen to people not just instruct them. Secondly fly our values are being destroyed by woke. We’ve never supported untruth as good values , now with gender, race, healthcare and even climate being politicised by woke politics we’ve little chance. Someone in politics needs to stand up to these woke values as they are undermining our society and its ability to influence political decision makers. It’s time they listened to this KB has this at the core of her values. I’m staggered he can’t appreciate how globally woke Harris and dems are. If they win we’ll be even deeper into woke values…. There go truth based policies. This will get worse as woke decision making focuses on ideaology not talent. Many in powerful positions have gained their roles through dei not talent- that’s what’s produced a candidate as empty and manufactured as Harris.
To have William Hague commenting on politics is like have a coach who sent Real Madrid to the second division to comment premiere league for the BBC.
Given the state of UK politics and the government now in power I think commenting on the Isthmian league would be a better analogy.