4 ms·

If big tech wants a reaction, pull all investment out of the UK. Microsoft + Google + Amazon + Nvidia + Meta + Apple = $630 billion in annual operating income.

If big tech wants a reaction, pull all investment out of the UK. Microsoft + Google + Amazon + Nvidia + Meta + Apple = $630 billion in annual operating income. They'll react to a change in capital investment faster than anything else.

Winblows11 1y ago
> pull all investment out of the UK. Wow I didn't know big tech invested so much in the UK!
- Root_Denied 1y ago
  "Investment" here seems to be operations and personnel, resulting in taxes going to the UK government. They aren't making $630 billion per year in money off of those companies, but the operating income means they're getting taxes on that $630 billion (income tax from company and employees, VAT for purchases, etc.) and the personnel working in the UK are probably spending most of that money in the UK (velocity of money theory comes into play here). The resulting economic benefit for the UK government is enough that they'd notice the drop if all that started to transition away.
  - smashah 1y ago
    The UK government is currently gas lighting the public into ignoring 60k+ in quarterly job losses and is historically unpopular. Despite that it is railroading orwellian attacks against rights and freedoms of the citizenry, all of which without a mandate. This is a kamikaze government of austerity-obsessed foreign agent traitors. The only thing they would be upset about in your scenario is about the inconvenience it would cause those trillion dollar American companies.
widerworldweb 1y ago
I'm sure the UK would cope. They did ok without them less than 30 years ago. Damage to stock value would be the bigger blocker (from both sides of the pond). Might kickstart some actual competition though, as that happening would create a large hole to fill.
- glitchcrab 1y ago
  The world was a very different place 30 years ago.
dwedge 1y ago
The end game of these rules seems to be that it's impossible for small forums to cope, so content gets centralised on big tech. I would be surprised if they don't support this.

Winblows11 1y ago

> pull all investment out of the UK. Wow I didn't know big tech invested so much in the UK!

Root_Denied 1y ago
"Investment" here seems to be operations and personnel, resulting in taxes going to the UK government. They aren't making $630 billion per year in money off of those companies, but the operating income means they're getting taxes on that $630 billion (income tax from company and employees, VAT for purchases, etc.) and the personnel working in the UK are probably spending most of that money in the UK (velocity of money theory comes into play here). The resulting economic benefit for the UK government is enough that they'd notice the drop if all that started to transition away.
- smashah 1y ago
  The UK government is currently gas lighting the public into ignoring 60k+ in quarterly job losses and is historically unpopular. Despite that it is railroading orwellian attacks against rights and freedoms of the citizenry, all of which without a mandate. This is a kamikaze government of austerity-obsessed foreign agent traitors. The only thing they would be upset about in your scenario is about the inconvenience it would cause those trillion dollar American companies.

widerworldweb 1y ago

I'm sure the UK would cope. They did ok without them less than 30 years ago. Damage to stock value would be the bigger blocker (from both sides of the pond). Might kickstart some actual competition though, as that happening would create a large hole to fill.

glitchcrab 1y ago
The world was a very different place 30 years ago.

dwedge 1y ago

The end game of these rules seems to be that it's impossible for small forums to cope, so content gets centralised on big tech. I would be surprised if they don't support this.