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This just feels to me like you’re starting from a conclusion (“the UK is being badly managed”) and working backwards in a somewhat nonsensical manner. Yes AI i
by argsnd 1y ago
This just feels to me like you’re starting from a conclusion (“the UK is being badly managed”) and working backwards in a somewhat nonsensical manner.
Yes AI is new but it has contributed to something like 1/6th of total US economic growth over the last year and of course any government will be courting more investment of that type.
To the Americans I would note that your country is currently being even more badly run than the UK at the moment given that since Trump’s inauguration the UK has grown faster than you (and every other G7 economy).
- ycombigators 1y agoThe UK has been badly managed for as long as I've been alive, which is half a century. This isn't party political. The tories have been worse than Labour in many respects but it's a shit show all round imo.
- argsnd 1y agoBut then where hasn’t been? When I was born we were poorer than all of France, Japan, and Italy on a per capita basis and now we are not. We have broadly kept pace with US growth since the end of world war 2. We have failed to figure out strategies to close the gap with the US by growing faster but we are doing no worse.
- ycombigators 1y ago"we are doing no worse" : is that the royal we? Because normal people absolutely are doing a lot worse over that last couple of decades.
- argsnd 1y agoI fear “we are not the richest country in the world” is an unreasonable standard for claiming chronic mismanagement.
- ycombigators 1y agoAgain with the "we". Per capita statistics are great distraction from neofeudalism. What was the per capita GDP of Wessex?
- argsnd 1y agoI’m sorry but this is the best way to objectively measure anything. Otherwise you are just holding up your vibes to refute my numbers which is completely unscientific.
- ycombigators 1y agoNumbers exist mate. The fact you don't know about them isn't my problem. Dividing the kings wealth by the number of serfs in his kingdom doesn't make the serfs any richer.
- mutkach 1y ago> 1/6th of total US economic growth over the last year What economy indicator exactly are you referring to?
- argsnd 1y agoThe percentage of GDP growth attributed to investments in computer and communications equipment, including chips, and data centres from the official statistics.