You don't think policies like VAT on private school fees and pushing up business taxes instead of personal ones play well with the typical Labour voter?

They're cratering in the polls anyway for a host of other reasons, and I suspect Starmer is already toast anyway for a host of other reasons (though it's significantly harder in practice for Labour to replace a leader they're not happy with than it is for the Tories), but I don't think it's unreasonable to suggest that some of these policies are being chosen because of their political alignment.

They appear to be playing heavily on the politics of envy. Look at some of their education policies, for example, or the way they treat small businesses and the people who run them. They don't seem to want to pull up the less fortunate if they can be busy pulling down the more fortunate. It's not a good look if you actually want a successful economy, but it plays well to their base.

I agree with you that they seem to be all over the place in policy generally, and after trying to give them a fair chance in the early months, I now have a fairly low opinion of them (with the odd exception in Cabinet who does actually appear to be at least recognising the real problems and trying to do something about them, which I can respect even while thinking little of their party politicians and government as a whole).

You're right about the investment culture as well, but presumably if we're talking about entrepreneurs who have already been successful and are looking to move elsewhere, that's of limited relevance unless they're planning to start at least one more business after they arrive, so in this particular debate, I doubt that is such a major issue.

While we're hardly Russia, our democratic and stabilisation credentials are looking more shaky than ever as well. Our electoral system produces results very far from proportional. One of our two traditional main political parties is now essentially irrelevant. The other, which currently holds power, is breaking all the wrong records and is widely expected to suffer severe losses at the next election already, barely a year into their term. Waiting in the wings (and currently leading by a very wide margin in the polls) is the nascent far right populist party that has become the default protest vote. It looks scarily like that party might actually be pulling so far ahead (whether thanks to their own merits or, like the present incumbents before the last election, because the government of the day is so unpopular) that even with the usual reversion towards traditional voting patterns when a real election happens, they might still win. And the prospects of what happens next in that timeline are truly terrifying, particularly for anyone who isn't a white British citizen from birth.

As a Brit, I was surprised to see the UK as a destination of choice.

The current Labour government here often seems to be criticised for being ideological and not pragmatic. In particular, they seem to prefer policies that tax "the rich" and businesses in one way or another, yet not large, relatively wealthy groups like pensioners or the homeowners who have lucked out and now live in a million-plus property that most younger people will never be able to afford.

There's also quite a lot of red tape for businesses here, maybe not compared to some of our neighbours in Europe, but certainly compared to places like the US and probably parts of Asia too.

Obviously some of this is politics and maybe the policies are not so surprising coming from a party that in theory represents the working class. However, it is surprising that entrepreneurs would be attracted to a culture like this at a time when we expect to have this government for another four years still.

It's like there are at least two layers of funny money accounting going on here.

First, you have the strange way that people equate market cap with value. There's no guarantee that holding shares with a current market value of $X will eventually return $X or more in dividend payments plus maybe some eventual disposal of assets, and these are usually the only tangible values involved. A market cap based on ludicrously high P/E ratio will be high, but trading those shares is like trading Bitcoin: it starts to look more like a Ponzi scheme than a genuine value-based investment.

Second, even the market cap is mostly theoretical here, because any shares held can't be freely traded on an open market. The asset is almost completely illiquid other than occasional anomalies like the secondary sale we're talking about. The first IPO of an AI unicorn could be the pin that bursts the bubble.

It's the difference between being one of the AI unicorns that doesn't actually make any real profit yet and is largely funded based on hype and hope, and being a supplier like Nvidia that is actually being paid real money (funded by all the AI investment) and has a P/E ratio that is high but not off-the-charts stupid.

Recording video is not illegal.

Recording audio IS illegal in California without the consent of all parties.

Since Meta glasses record audio by default, he likely broke the law.

Indeed. I can think of zero reasons to go to a physical bookstore to download an e-book.

The reason they expect seems to be "because you hate Amazon", but unfortunately, I don't hate Amazon. I'm a mostly happy customer.

Indeed. Expecting robot manufacturers to buy their software is silly.

Robots are designed with SW and HW closely coupled. No one is gonna design dexterous robot hands that can crack eggs and change diapers, and then, at the very end, go looking for software to make it work. That's absurd.

The biggest risk is that they don't exist yet.

What is an AP1200?

If you mean AP1000 , those take twenty years to build and cost 300% of the initial estimate.

What special snowflake needs does Birmingham have that makes it any different from the hundreds of other cities running off-the-shelf solutions?

Contractee: "We insist on a fixed price contract."
Contactor: "No problem. We agree."

One month later:

Contractee: "We need to make some small changes to the spec."
Contractor: "That's gonna cost ya."

You are confusing cause and effect. These projects are designed to fail, because failure is where the profit is.

They've been caught paying kickbacks for contracts.

That's how Gray Davis lost his job.

Larry didn't make $400B by being generous.

If you don't know how to do X, then how do you know who are "the right people" to do X?

Were any of the users actually paid what they were promised?

Were any users paid anything?