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Re:UK's elite hardware talent is being wasted by mrtksn on Monday January 20, 2025 @12:53AM (#42765398)
Completely agree, the problem in Europe is not regulations or anything like that - it is a mindset issue. It is one of things that europeans can learn from Americans.

My hypothesis is that this is a combination of old money and class consciousness. In other words, the rich are risk averse because all they care is preserving their wealth and the working class don’t believe and can’t even imagine that more is possible.

Re:UK's elite hardware talent is being wasted by tirant on Monday January 20, 2025 @03:46AM (#42766400)
Regulations often stem from a particular mindset. However, they also serve to perpetuate that mindset.

As a member of the working class, I find there’s little incentive to build something new or innovate because the effort required to navigate through all the burdensome regulations is overwhelming. On top of that, any additional income I might generate from bringing my ideas or initiatives to market would be taxed at more than 50%. For many people like me, the effort simply isn’t worth it. Instead, we focus our energy on other pursuits, such as family, sports, or friendships.

This shift in focus isn’t inherently bad—a life balanced between family, friends, work, and leisure is often a recipe for happiness. However, societal progress relies heavily on the efforts of a small minority of individuals who are bold (or perhaps crazy) enough to pursue their ideas. When 90% of those individuals are discouraged from taking entrepreneurial risks, society’s capacity for innovation is severely stifled.

In short, it’s clear that excessive regulations and high taxes are holding Europe back from achieving its full potential for growth and innovation.

Re:UK's elite hardware talent is being wasted by mrtksn on Monday January 20, 2025 @03:53AM (#42766441)
Which regulations exactly you find burdensome or overwhelming and stopping you from attempting the become wealthy, change your life and the world maybe?

Why would you skip having 1 billion Euros just because you could have had 2 Billion but the government took the rest? Up until 1960's rich Americans payed %91 tax, and yet they kept their entrepreneurial spirit - why you can't do the same at the stated %50?

When Apple was founded, the tax rates were %70.

Re:UK's elite hardware talent is being wasted by inglor_cz on Monday January 20, 2025 @04:17AM (#42766613)
Nominal tax rates were 70 or 90 per cent, but no one really paid them. The tax code was full of loopholes for that purpose.

You can't rely on such paper figures to determine real tax burden in the past.

Re:UK's elite hardware talent is being wasted by mrtksn on Monday January 20, 2025 @04:23AM (#42766668)
Which is still the case. No one is skipping getting rich because of taxes, they end up paying very little anyway.
Re:UK's elite hardware talent is being wasted by hdougie on Monday January 20, 2025 @04:30AM (#42766736)
What makes you think anything has changed here? Certainly in the UK, there are plenty of "loopholes". Outside of PAYE, there are plenty of ways to legally lower your tax burden, and plenty of wealthy business owners and shareholders make full use of those loopholes.
Re:UK's elite hardware talent is being wasted by inglor_cz on Monday January 20, 2025 @04:35AM (#42766773)
This is true and I believe it doesn't make sense to compare tax burdens of the people who are already wealthy.

It makes sense to compare tax burdens of well-paid employees, a favorite cash cow of most governments. These are the people who sometimes start new businesses, and use their savings to do so.

And there is a meaningful difference to the volume of their savings if their top tax bracket is 30 per cent or 55 per cent.

Re:UK's elite hardware talent is being wasted by eagleislandsong on Monday January 20, 2025 @04:10AM (#42766569)
The highest marginal tax brackets tend to kick in very, very early in Europe. That makes a huge difference.
Re:UK's elite hardware talent is being wasted by mrtksn on Monday January 20, 2025 @04:18AM (#42766619)
Does it? How many people skipped getting rich because they could have been richer? Any factual examples?

BTW, rich don't actually pay much taxes. The luxury life they live is usually not taxed, most of the things they do is considered business expense.

When a worker flies to Ibiza they first pay social security and income taxes, then they pay consumption taxes like VAT.

When a businessman flies to Ibiza they deduct whatever they can as an expense so they don't pay income tax and VAT. For whatever they can't claim that it is a business expense they will pay with a cheap loan against their assets and avoid paying income taxes. Since they still have those assents, they pay just the interest later when the assents increase in value. If their business fails those assets fail, the bank takes the assets and no taxation happens.

Re:UK's elite hardware talent is being wasted by paganel on Monday January 20, 2025 @04:35AM (#42766770)
What the OP is trying to say is that to grow from 50k euros earned per year to 1 million euros earned per year is very, very cumbersome and, yes, mentally challenging and very stressful, and that a lot of people actively choose to stay/remain at the 50k euros per year level and they'll not take the risks of trying to get to more than 1 million per year.

Once you're at more than 1 million per year there are other challenges and you can probably afford to hire someone to take part of that burden off your shoulders, but until you get to that point you're on your own and it's very damn stressful (and by stressful I mean that that includes the possible inflated but all to real fear of getting to prison because of that tax-thingie that you didn't fill the 100% correct way or because some work your company did broke some municipal regulations or whatever and now you're on the hook for damages and, yes, personal liability).

Actually your VAT-skimming thing at the end is a very good example of that mentality, i.e. the innovators here having to have the Tax man front and center in their minds, before innovation and trying to build something useful off the ground, because if you don't know how to play the Tax man (at the limit of legality, as your example is) then you're toast. That "playing the Tax-man" thing consumes a lot of people's energy in the early stages, energy that would have been way better spent trying to actually make something new and innovative.

[the 50k and 1 million figures are just used as examples, maybe it's not 50k but 70k or 80k and maybe it's not 1 million but 5 to 10 million, but the idea stays the same]

Re:UK's elite hardware talent is being wasted by brewdad on Monday January 20, 2025 @03:33PM (#42772732)
Those problems are universal. Or do you honestly think that American startups don't need to hire an accountant and consult with lawyers? You either find the risk/reward proposition worthwhile or you don't. There's nothing wrong with not pursuing the riskier avenue but don't pretend the US makes it easy.
Re:UK's elite hardware talent is being wasted by paganel on Monday January 20, 2025 @04:08PM (#42773068)
There are levels and levels of enforcement, and, yes, from the across the pond it does look like the IRS is not breathing as menacingly each and every time you may want to do something different.

For example a company like Uber could have never taken off here in Europe because the tax authorities (and not only) would have never let that happened, i.e. Uber (the company) playing the "they're not real employees" game with the authorities. Yes, Uber eventually made it into Europe, but only because by that time it already was a big and established company in the States so it had lots of money to spend on lobby activities.

Re:UK's elite hardware talent is being wasted by fxtentacle on Monday January 20, 2025 @04:34AM (#42766766)
For a married couple in Germany, they reach 40% in effective tax rate somewhere above 600,000€ in combined annual income.

My take would be that once people have 100k€ in net annual income per person, they just do other things and work less because it brings them more happiness than the additional money would.

Re:UK's elite hardware talent is being wasted by rpep on Tuesday January 21, 2025 @01:14AM (#42777122)
I’m 33, in the U.K. and my marginal tax rate is currently 66.7%, because the support you get for having children gets withdrawn between £60000 and £80000. If a promotion came up I would take it but it’s also at a point where I’m considering already dropping down to four days a week because of this. I don’t live in London so my life is very affordable. Save myself money on children’s nursery for a few years too…

https://taxpolicy.org.uk/2024/03/10/infographic_marginal_rat...

Re:UK's elite hardware talent is being wasted by robertlagrant on Monday January 20, 2025 @04:43AM (#42766833)
> Why would you skip having 1 billion Euros just because you could have had 2 Billion but the government took the rest?

No one's making that choice. Most businesses fail, even in somewhere entrepreneur-friendly like America. Why not just work for someone else, given the rewards are capped even at relatively low level of success? Why take the risk, when taxation has failed to price risk into reward?

Re:UK's elite hardware talent is being wasted by flask_manager on Monday January 20, 2025 @05:01AM (#42766966)
We have global commerce; you are not only working on the creation part of something new, but also competing with similarly skilled people working with different more advantageous start conditions.

Nobody is talking about the difference between 1 and 2 billion, they are talking about the difference between 50 and 100 thousand, while competing.

Re:UK's elite hardware talent is being wasted by cdnthrownawy39 on Monday January 20, 2025 @05:12AM (#42767055)
Canadian here.

It's not so much any single regulation, as it is there's so many little ones that seem reasonable on the face of it. But it's also that what makes the ruling Canadian class so is the authority to bypass those regulations.

I can give one personal example; I was able to secure some public funding application for a non profit I'm affiliated with. But the only reason I was able to do that was because my parents were university classmates of the elected official that was able to pressure the staff that was handling the paperwork to prioritize and approve our application ahead of probably the hundreds in front of us. The official's going to get a nice thank you dinner out of it, but I also had to offer some information that the official could financially benefit from for him to even consider it, and a promise of some future favors.

For better or worst that's how a lot of Canadian system works. Grant applications, personal tax work, personal and business banking, etc. Anyone can get through it eventually for anything. But if you want it done quickly and in a way probably won't get tied up in the system itself, you better know someone that owes you a favor.

Re:UK's elite hardware talent is being wasted by mrtksn on Monday January 20, 2025 @06:34AM (#42767592)
This is very interesting anecdote because it resonates with something that a friend of mine said when I pressured him to explain which regulations exactly are causing him problems in EU.

As it turns out, he also complained about excessive documentation he needs to get public funds for his project.

So both of you are actually complaining about accessing public funds and not actually doing private investment or starting a private company with private funds.

this is not what most of the Americans do and this is not what they mean by startups or business. Mostly.

[dead]
Re:UK's elite hardware talent is being wasted by indeedmug on Tuesday January 21, 2025 @01:21PM (#42783508)
> Sort of. Accessing private Canadian financing is a lot harder for the most part, our financial sector is notoriously risk averse for any sort of personal or business loans unless there's a path of guaranteed returns and you have a track record of getting those returns. Last time one of my bosses tried to get something like $2 million in raising funds with Canadian investors, they said that we needed to show I think at least $2 million in net profits for 4 or 5 years at least.

If someone's businesses is already working, then why would they go and get investment money?

It seems like the investors don't realize that if someone does have that much net profit, they actually don't have that much leverage over them to get good equity deals. So they are essentially just paying high and selling low later.

Re:UK's elite hardware talent is being wasted by marcinzm on Monday January 20, 2025 @07:38AM (#42768080)
You've fallen into the classic trap of thinking about the very very very tiny of people who are billionaires. Very few people are billionaires. Very few startup founders will ever be even if they succeed.

Life changing money is going from $50k/year to $1m/year. Not from $1b to $2b.

The vast majority of tax burden and complexity hits the middle class.

> When Apple was founded, the tax rates were %70.

It was 35% on capital gains.

Re:UK's elite hardware talent is being wasted by mrtksn on Monday January 20, 2025 @07:49AM (#42768169)
In Europe the capital gain tax ranges from %37 in Norway, %34 in France, %26 in Germany and Italy, %10 in Bulgaria and %0 with conditions in many other places. Tax heavens are a European invention anyway.

And no, millionaire or billionaire doesn't matter much. Europe lacks Billionaires not Millionaires. Europe is full of small businesses and by small I mean millions in profits and revenues.

In Europe %99 of the companies are small or medium sized enterprises, which is not different than the USA. In USA however, large companies have slightly higher number of employees which is an indicative of concentration of power and that's how you get your "USA has 5 unicorns in top 10 but EU has only 1" lists.

Contrary to the narrative, Europe has much more small and medium sized enterprises per capita: https://www.nationmaster.com/country-info/stats/Economy/Micr...

Re:UK's elite hardware talent is being wasted by marcinzm on Monday January 20, 2025 @08:05AM (#42768287)
> Europe lacks Billionaires not Millionaires.

It lacks both.

The US has 8.5% millionaires. Germany has 4.1. France has 5.6. Norway has 5.9. The UK has 5.8. Once you include the rest of the EU it goes even lower.

https://en.wikipedia.org/wiki/List_of_countries_by_number_of...

edit: And in the US there's no need to start a business to be a millionaire. You can become one by just working a regular job. Sales, consulting, tech, finance, etc. jobs can even pay you $1m per year.

Re:UK's elite hardware talent is being wasted by mrtksn on Monday January 20, 2025 @08:14AM (#42768375)
With enough inflation the millionaires supply will increase, but that's not the point. Toplists and arbitrary round numbers doesn't mean anything. Let's stick with stuff that matter, like concentration of wealth.
Re:UK's elite hardware talent is being wasted by marcinzm on Monday January 20, 2025 @08:16AM (#42768393)
> but that's not the point

You made it a point, not me. If you're going to try changing the goal post when proven wrong then there's no point in talking further.

Re:UK's elite hardware talent is being wasted by mrtksn on Monday January 20, 2025 @09:03AM (#42768832)
Having less is different than lacking of. Europe lacks billionaires that can make large scale investments at whim like Elon Musk does. A more equal society has its positives but negatives too.
Re:UK's elite hardware talent is being wasted by myrmidon on Monday January 20, 2025 @12:34PM (#42771004)
Thats not an entirely fair comparison because GDP/capita is different, and the base assumption would be that millionaires/capita increases with GDP.

That assumption appears to hold in general (Luxembourg and Switzerland have higher GDP and significantly higher millionaire percentages than the US), but there are a LOT of exceptions, like Ireland/Norway (way less millionaires than you would expect from GDP).

This is very interesting, I would not have expected to see such significant differences between countries...

Re:UK's elite hardware talent is being wasted by marcinzm on Monday January 20, 2025 @02:32PM (#42772191)
From what I can tell the millionaire discrepancy existed in 2010 as well when the per capita GDPs between Germany/France/UK and the US were fairly close. The gini index for the US is much higher so it's not surprising that there's more millionaires per capita. And a lot more poor people per capita as well (once you account for the US's weaker standard for what constitutes poverty).
Re:UK's elite hardware talent is being wasted by brewdad on Monday January 20, 2025 @03:59PM (#42772980)
EU has pensions. US has 401k plans. There may be more millionaires in the US but that, in and of itself, doesn't prove anyone is better off there.
Re:UK's elite hardware talent is being wasted by marcinzm on Monday January 20, 2025 @04:05PM (#42773032)
I never said people were better off in one or the other nor is this a discussion about that. This is a discussion of the societal differences driving startups and risky investments.
Re:UK's elite hardware talent is being wasted by jandrewrogers on Monday January 20, 2025 @05:08PM (#42773672)
The US has a pension, it is called Social Security, and it is relatively generous among developed countries. 401k is in addition to, not a replacement for.
Re:UK's elite hardware talent is being wasted by wertqgd on Monday January 20, 2025 @03:58AM (#42766482)
The 50% tax being a roadblock is exactly what the lack of ambition is about. There's an implicit assumption you're only ever achieve just over the tax limit rather than hundreds of thousands or milllions over with share options etc.
Re:UK's elite hardware talent is being wasted by netdevphoenix on Monday January 20, 2025 @05:09AM (#42767025)
I think this is a combination of a lack of supportive environment and a risk averse mindset. Employers will likely scoff at a CV with one or more entrepreneurial stints. The way I see it is this: if the prohibition era was implemented in the UK, people would still acquire alcohol against any and all barriers. The same drive doesn't exist for entrepreneurial goals. Regulations make things difficult but the critical problem is that the entrepreneurial mindset is not there
Re:UK's elite hardware talent is being wasted by vladms on Monday January 20, 2025 @06:20AM (#42767509)
> As a member of the working class, I find there’s little incentive to build something new or innovate because the effort required to navigate through all the burdensome regulations is overwhelming. On top of that, any additional income I might generate from bringing my ideas or initiatives to market would be taxed at more than 50%. For many people like me, the effort simply isn’t worth it.

I find it ironic you mention "classes" (regarding "as a member of the working class"). There are problems everywhere (either as an employee or as an entrepreneur). Feeling overwhelmed is just a feeling, does not say anything about how much you can do or if you get a reasonable workload.

I think what is holding Europe back is the people not trying and understanding various things without having lots of fears (of being overwhelmed, of large tax, of what people will say, etc.).

A balance must be stricken also between what you can do (leisure, family) and how many resource you produce/consume. The purpose should be for more of leisure/family but that is ONLY IF we (I am also European) produce/consume enough. Too many smart and capable people want to "just be an employee", which results in gaps in other places (entrepreneurs, politicians, etc.).

Re:UK's elite hardware talent is being wasted by fxtentacle on Monday January 20, 2025 @02:24AM (#42765882)
In Germany, you can typically finance the first 1-3 years of your start-up through government gifts like "EXIST". That's why you don't need early seed investors.
Re:UK's elite hardware talent is being wasted by kleiba on Monday January 20, 2025 @03:52AM (#42766434)
EXIST in particular targets universities, though, so not every founder is eligible.
Re:UK's elite hardware talent is being wasted by fxtentacle on Monday January 20, 2025 @04:38AM (#42766801)
Correct, that was meant as an example. There's also "Existenzgründungszuschuss" for the unemployed and various other EU funds for craftsmen and others:

https://europa.eu/youreurope/business/running-business/start...

Re:UK's elite hardware talent is being wasted by CalRobert on Monday January 20, 2025 @02:25AM (#42765890)
Do you know any equivalent for the Netherlands by any chance? Everything I see is tiny amounts.
Re:UK's elite hardware talent is being wasted by sandermvanvliet on Monday January 20, 2025 @03:50AM (#42766424)
Re:UK's elite hardware talent is being wasted by CalRobert on Monday January 20, 2025 @04:12AM (#42766589)
Thanks!
Re:UK's elite hardware talent is being wasted by papichulo2023 on Monday January 20, 2025 @06:56AM (#42767757)
Isnt this just a private loan?
Re:UK's elite hardware talent is being wasted by sofixa on Monday January 20, 2025 @02:50AM (#42766053)
Idk about the Netherlands, but in France you can take your unemployment benefits for 3 years upfront as a capital investment in a new business. And there are various grants and aid you can apply for.
Re:UK's elite hardware talent is being wasted by CalRobert on Monday January 20, 2025 @02:53AM (#42766062)
Can you get unemployment if you quit?

Annoyingly, in 20 years of working I've never been fired or laid off.

Re:UK's elite hardware talent is being wasted by vladvasiliu on Monday January 20, 2025 @03:54AM (#42766451)
I think recently there's been a change which says that you can if you start a new company right away. But do check with an accountant for the inevitable pitfalls.
Re:UK's elite hardware talent is being wasted by Beretta_Vexee on Monday January 20, 2025 @04:25AM (#42766687)
In CAC40 company, It is possible to take unpaid leave with the possibility of returning to the company to set up a new business. The idea is that if the project fails, the original company recovers an employee who has learned a lot (free MBA).

If you're already unemployed, it's possible to keep your allowance longer for a business start-up or takeover.

It's also possible to sign a “rupture conventionée”, which entitles you to unemployment benefits.

But no, if the employee resigns, he or she is not entitled to unemployment benefits, nor to business start-up assistance.

the French system is generous, but not as generous.

Re:UK's elite hardware talent is being wasted by psini on Monday January 20, 2025 @06:16AM (#42767478)
I see this misconception a lot for resigning France.

First, there are some "protected classes" of resigning that allow you to be eligible for unemployment right after you resign, for example: moving to follow your spouse, resigning less than 3 months after having been laid off, going back to study or... creating a company!![1] :).

Second, you are entitled to unemployment benefits even if you resign without "a good reason". The issue is that you can only request your benefits 4 months after having resigned. This leads to many people believing that you just do not get anything if you resign; because who wants to eat the 4 months of no income?

This 4 months waiting period is not advertised at all, and my complotist self believes it might be on purpose; if you don't know about it and don't request it, that's less money for the government to spend :^).

[1] Conditions apply (having worked uninterrupted for the last 5 years)

Re:UK's elite hardware talent is being wasted by Beretta_Vexee on Monday January 20, 2025 @07:22AM (#42767949)
It's more complicated than that [0]. The fact that you have the right to claim unemployment benefit does not mean that it will be accepted, that it will be accepted quickly or that the benefit will correspond to what you would have had if you had been laid off.

[0] https://www.service-public.fr/particuliers/vosdroits/F34991/...

Re:UK's elite hardware talent is being wasted by psini on Tuesday January 21, 2025 @04:52AM (#42778200)
This is true; I can only speak from my experience and that of my peers but the hardest part every time was the "accepted quickly" section of your comment. I am also thinking the process is cryptic and uncertain on purpose to discourage people from even trying. Even though I have not personally seen requests get outright rejected, just drawn out to months.
Re:UK's elite hardware talent is being wasted by sofixa on Monday January 20, 2025 @05:23AM (#42767133)
> In CAC40 company, It is possible to take unpaid leave with the possibility of returning to the company to set up a new business

It's not only CAC40, it's part of some collective bargaining agreements which apply to whole sectors (e.g. SYNTEC which applies to all consulting and most IT companies).

Re:UK's elite hardware talent is being wasted by Aldipower on Monday January 20, 2025 @05:22AM (#42767118)
Your sentence is not true as you present it. There are _a lot_ of constraints. Time wise, topic wise, biased wise. No typicality start-up will ever get the EXIST "gift".
Re:UK's elite hardware talent is being wasted by menaerus on Monday January 20, 2025 @05:37AM (#42767227)
"The grant covers personal living, material, and coaching expenses over 12 months, allowing founders to focus on developing their founding idea. While graduates receive personal funding of 2.500€, students can receive 1.000€ a month, additionally up to 30.000€ material and 5.000€ coaching budget that can be used to develop the founding project further."

So, 30k EUR (gross) with a maximum funding period of one year? Laughable. Also probably a little bit tragicomic.

Early seed rounds are usually measured in couple of USD millions. I wonder how these brilliant minds in the EU think they will attract the industry talent to leave their ~5x salary (outside FAANG) for such a pocket money.

Re:UK's elite hardware talent is being wasted by HotHotLava on Monday January 20, 2025 @06:03AM (#42767396)
EXIST is very narrowly tailored to technology start-ups founded by graduates based on their research.

Out of curiosity I was spot-checking the the founders of the latest YC 24 Winter batch at https://www.ycombinator.com/companies?batch=W24 , and the requirements would exclude at least 90% of them from EXIST if they lived in Germany.

Re:UK's elite hardware talent is being wasted by constantcrying on Monday January 20, 2025 @02:58PM (#42772426)
Great that the German government makes some of the most start up unfriendly employment laws and funds these doomed start ups at the same time.

This is really ridiculously and needs to stop.

Re:UK's elite hardware talent is being wasted by nicoburns on Monday January 20, 2025 @02:34AM (#42765943)
> don’t believe and can’t even imagine that more is possible.

And/or don't think that more is better/desirable. I wouldn't consider myself working class, but I was definitely raised with the idea that making obscene amounts of money is actually pretty selfish/immoral and not something one ought to strive for. That doesn't preclude going into business. But it is pretty antithetical to the VC funding model and the creation of billion dollar businesses.

In general, it seems that the culture in America is that wealth is virtuous and confers status, whereas in Europe that at least isn't so universal and some circles it is even seen as shameful (consider that variants on socialism are still mainstream political ideologies in Europe).

Re:UK's elite hardware talent is being wasted by mrtksn on Monday January 20, 2025 @02:50AM (#42766051)
> it seems that the culture in America is that wealth is virtuous and confers status, whereas in Europe that at least isn't so universal and some circles it is even seen as shameful

Isn't this due to different types of Christian traditions? AFAIK In some, it is considered that the wealth is given by the God to the virtuous ones and they are merely guardians of it and responsible to use use the wealth in a virtuous ways and therefore getting rich is encouraged and the rich are treated with respect?

There's something similar among some Muslim sects too, in Muslim majority countries it is not uncommon to believe that the God chose someone to be rich and there's more to that person that the eye can see therefore must be respected. Some religious communities even get so obscenely rich and you can see poor servants having a religious experience when their leader arrives with an a luxury car.

Re:UK's elite hardware talent is being wasted by vladvasiliu on Monday January 20, 2025 @04:07AM (#42766545)
The way I see it, at least in France, it's not really a question of religion. "The rich" are thought to have acquired their wealth doing dubious things, mostly by "exploiting the poor".

There's also a very strongly egalitarian way of thinking, as in pretty much everybody is interchangeable. So, if someone does better than somebody else, it's likely because of something "unfair" (or luck) and not thanks to being more competent.

Re:UK's elite hardware talent is being wasted by zimpenfish on Monday January 20, 2025 @04:22AM (#42766661)
> "The rich" are thought to have acquired their wealth doing dubious things, mostly by "exploiting the poor".

To be fair, that's probably true in the vast majority of cases.

Re:UK's elite hardware talent is being wasted by vladvasiliu on Monday January 20, 2025 @04:48AM (#42766867)
I've never personally known any "very rich" people so I can't comment on them.

But the perception I'm talking about applies even to "reasonably confortable" people. Think your random engineer making 100k a year (which is a "good" salary in these parts). Basically, someone with some form of STEM degree.

I doubt most of these people are doing anything shady. Plus, this kind of income doesn't really give them any kind of financial independence: they wouldn't be able to afford not having a job.

Re:UK's elite hardware talent is being wasted by zimpenfish on Monday January 20, 2025 @05:52AM (#42767325)
> I doubt most of these people [random engineer making 100k a year] are doing anything shady.

I guess it depends what your level of "shady" is - I know a bunch of people in that kind of range who were all about "optimising their tax" (which I would consider to be "tax evasion" - morally wrong even if it is legal at the time.)

Re:UK's elite hardware talent is being wasted by vladms on Monday January 20, 2025 @07:02AM (#42767794)
You know "optimizing" means different things for different people.

For example: France offers specific saving deposits with guaranteed interest rate and non-taxed. If a normal saving deposit would be taxed and has similar interest rate, "optimizing their tax" means just using the that specific deposit.

There are many other schemes that I can't believe they exist (example: in France if you create an investment account, after 5 years of the account existence you are not taxed on the gains! So what you can do is "create account with 100 euro", "wait 5 years", "invest more / potentially do gains" - and you will not be taxed!!!)

You will tell me "that is morally wrong!". I could agree with you, but I see nobody demanding better laws/regulations, probably because they don't know/care about details.

Re:UK's elite hardware talent is being wasted by zimpenfish on Monday January 20, 2025 @04:07PM (#42773047)
> You will tell me "that is morally wrong!"

No, I think the investment account with no tax on gains is fine. I'm talking about things like "create a company, take a salary that's just over the lowest tax threshold, get 0% infinite term company loans from yourself" - things that your average person wouldn't be doing (unlike the free-gains-account.)

Re:UK's elite hardware talent is being wasted by vladms on Monday January 20, 2025 @05:44PM (#42774002)
You mean something like described in this page: https://www.gov.uk/government/publications/loan-schemes-and-... ? This one seems illegal at least in UK. Do you know if it is different in other countries?
Re:UK's elite hardware talent is being wasted by zimpenfish on Tuesday January 21, 2025 @05:52AM (#42778669)
> This one seems illegal at least in UK.

It wasn't for a long time though. There's a bunch of other similar schemes which caught famous people[0] when they were declared illegal by UKGOV.

[0] https://www.theguardian.com/business/2012/jun/19/tax-scheme-...

Re:UK's elite hardware talent is being wasted by vladms on Tuesday January 21, 2025 @10:42AM (#42781324)
My experience is that "common people" try (or were trying) as much to "game the system" as "rich people". Examples (not from UK): shops not giving a receipt (this improved probably with cards), people avoiding paying fines for small things, people asking for benefits they were not entitled too (this improves with digitalisation) etc.

So, my opinion is that splitting people by class/income/whatever does not help a lot. You need rules/systems to avoid as much as possible cheating schemes, and compared to like 30 years ago things might already be better, but as nobody can check every news many can end with the impression "the system is bad".

Re:UK's elite hardware talent is being wasted by teamonkey on Monday January 20, 2025 @05:19AM (#42767100)
Re:UK's elite hardware talent is being wasted by CalRobert on Monday January 20, 2025 @03:14AM (#42766166)
But we're not talking about obscene amounts of money. Just making enough to have some savings so you can do things like a career break or retire early is discouraged (and mostly impossible). Europe wants you to work, and keep working, forever.
Re:UK's elite hardware talent is being wasted by vladms on Monday January 20, 2025 @06:55AM (#42767747)
Considering the differences in living prices in major capitals and other cities, I would claim you can do that (career break/retire early) even today in multiple countries in Europe.

But that would mostly mean changing places. If you go and work 10-15 years in an expensive/high pay city, you could retire in a less expensive city.

On the other hand if you expect that everything will be as when you were working (place, expenses, etc.), I am not sure it is the case even in the US for early retirements ...

Re:UK's elite hardware talent is being wasted by nobodywillobsrv on Monday January 20, 2025 @03:33AM (#42766293)
Exactly. Half the population are saboteurs and vote to suppress success
Re:UK's elite hardware talent is being wasted by ktallett on Monday January 20, 2025 @04:59AM (#42766955)
Success is viewed differently by some. Being educated, having healthy lives, having access to many public servicesnare seen as a successful healthy life by many.
Re:UK's elite hardware talent is being wasted by robertlagrant on Monday January 20, 2025 @04:44AM (#42766844)
> it seems that the culture in America is that wealth is virtuous

I don't think I've ever seen this claimed anywhere except as a criticism.

Re:UK's elite hardware talent is being wasted by foldr on Monday January 20, 2025 @04:56AM (#42766929)
It’s not something that Americans in general explicitly believe, but you can see it in their attitudes and behavior towards the rich and successful. For example, HN (being somewhat weighted towards American cultural norms) collectively believes that people who have made lots of money are especially wise and hard working, and therefore have special insights to offer to the rest of us. True or not, this is a culturally specific belief.
Re:UK's elite hardware talent is being wasted by robertlagrant on Monday January 20, 2025 @05:16AM (#42767080)
I think this is just a bias. I've not seen much that makes me think Americans think rich people are more virtuous, at all. Certainly not enough to create a stereotype out of, even if I thought stereotypes were a good idea.
Re:UK's elite hardware talent is being wasted by anonzzzies on Monday January 20, 2025 @05:04AM (#42766985)
Yeah, I was raised with that idea. I did make some nice businesses, but I don't care for growing because of growing. If I catch a few 100k a year for everyone in the company (yep, it is the reason I like tiny companies: we can just decide to all make the same), I don't really care about the rest. Doing that for 10 years (even shorter but he) is enough for anyone to live out their life in comfort out of the (etfs etc) interest here. I keep on doing making new things as I like it, but need no more money, so that helps.
Re:UK's elite hardware talent is being wasted by ahoka on Monday January 20, 2025 @04:11AM (#42766577)
Should individuals routinely risk their own livelihood to benefit a select few capitalist? Does this improve the life of the average American? Seeing how they vote it seems generally it does not?
Re:UK's elite hardware talent is being wasted by cylemons on Monday January 20, 2025 @05:09AM (#42767023)
Havent FAANG companies improved the lives of the average American? They definitely did, and all these companies were created by ambitious individuals with a bold vision and prospect of making lots of money!

By taking big risks, one might ascend to this capitalist class if they succeed.

Re:UK's elite hardware talent is being wasted by o11c on Monday January 20, 2025 @05:33AM (#42767200)
"FAANG improved average lives" is by no means a safe assumption. It needs to be very carefully demonstrated for each individual company, with consideration of the worsenings as well. The forgotten sixth, Microsoft, is probably easier to make a case for.
Re:UK's elite hardware talent is being wasted by cladopa on Monday January 20, 2025 @03:27AM (#42766256)
Let's make simple calculations. In California, near the start of the 20th century there were more than 34 million native Americans living in what was their land. Now there are in California 300-700.000 native Americans.

They were exterminated and replaced by a very small European population. Like sterilising a Petri dish and letting bacteria grow, the opportunities that population experienced were the biggest any population in the world ever had. Just look at a graph of the population growth of US OR California in the last century and compare it to others.

Now there is in California a population of near 40 million people.

That is not a "mindset", this is real growth that they could experience and the rest of the world could not.

Re:UK's elite hardware talent is being wasted by nobodywillobsrv on Monday January 20, 2025 @03:37AM (#42766324)
These numbers are at least two orders of magnitude higher than typical estimates. What are you talking about? It's even higher than the typical all time max which is on the order of 10 million.
Re:UK's elite hardware talent is being wasted by xcv123 on Monday January 20, 2025 @04:25AM (#42766686)
California is only 34% European/white https://www.ppic.org/publication/californias-population/
Re:UK's elite hardware talent is being wasted by bagels on Monday January 20, 2025 @04:33AM (#42766761)
Do you have a source for 34 million Native Americans?
Re:UK's elite hardware talent is being wasted by bowsamic on Monday January 20, 2025 @01:43AM (#42765665)
Well it’s not necessarily a good thing. In Europe we are traditionalists and we retain a lot of spirit (Geist) by not striving for pure progress
Re:UK's elite hardware talent is being wasted by ttoinou on Monday January 20, 2025 @03:01AM (#42766104)
What is this spirit we retain that US looses ?
Re:UK's elite hardware talent is being wasted by jajko on Monday January 20, 2025 @04:09AM (#42766561)
Quality of life, if you define an actual proper life as something happening outside of work hours and sleep.

We don't worry whether my insurance will cover the next health issue that will happen to me, be it broken leg or lifelong costly treatment. I don't have to desperately try to save maybe 1.5 million $ to put my kids through decent university, if they desire to do so. I am not brutally tossed on the sidewalk when I am fired, both employer and state gives a LOT of support to not fall off the societal cliff and end up as typical US homeless person. We have way more resting time to recharge via holidays (this fellow from 1.1. is running on 90% corporate work contract and thus sporting 50 vacations days per year - now thats QOL improvement, I've already planned 6 week+ vacations for this year). We have on average simply healthier lifestyles and it shows literally massively.

I could go on for a long time. But you can ignore that - compare usage of mental health medication, from what I've seen its much more massive in US, manifesting the additional stress that US population is cca exposed to.

Its a balance - you add more money, you remove more 'humanity', and the additional stress is there and very real. Everybody has different ideal spot, and this also changes a lot during life. Isn't it better to have 2 systems next to each other, and everybody can pick how they want to live your life? Focus purely on money is stupid, their added value in life quickly diminishes once a person is not poor, then other aspects of life become much more important. The complete opposite is same, 0 progress. Something in between, as always, is the best road for most.

Re:UK's elite hardware talent is being wasted by robertlagrant on Monday January 20, 2025 @04:46AM (#42766856)
You also get your defence and healthcare advancements mostly paid for by Americans, either as taxes or healthcare costs that funnel into R&D spend. It's easy to give things away when you mostly only have maintenance costs to bear, and not very much risk.

(Not an American.)

Re:UK's elite hardware talent is being wasted by Cumpiler69 on Monday January 20, 2025 @07:56AM (#42768228)
>thus sporting 50 vacations days per year

Where and how do you get 50 vacation days/year.

Re:UK's elite hardware talent is being wasted by bowsamic on Monday January 20, 2025 @03:37AM (#42766321)
Leisure, that is, truly retaining time to encourage and develop the spirit that is not just work

> There is an Indian savagery, a savagery peculiar to the Indian blood, in the manner in which the Americans strive after gold: and the breathless hurry of their work - the characteristic vice of the New World - already begins to infect old Europe, and makes it savage also, spreading over it a strange loss of spirit (Geistlosigkeit). One is now ashamed of repose: even long reflection almost causes remorse of conscience. Thinking is done with a stop-watch, as dining is done with the eyes fixed on the financial newspaper; we live like men who are continually "afraid of letting opportunities slip." "Better do anything whatever, than nothing" - this principle also is a noose with which all culture and all higher taste may be strangled. And just as all form obviously disappears in this hurry of workers, so the sense for form itself, the ear and the eye for the melody of movement, also disappear.

Nietzsche, The Gay Science, §329

Re:UK's elite hardware talent is being wasted by geraldhh on Monday January 20, 2025 @03:27AM (#42766254)
humanism
Re:UK's elite hardware talent is being wasted by mrtksn on Monday January 20, 2025 @02:07AM (#42765794)
Yes, there are advantages of a stable and well functioning systems that don't have disruptors and we indeed benefit of it as having good lives but unfortunately this can't last as those who go hard on progress and tear down everything and rebuilding again will eventually get ahead on everything and won't let us just be as we now see with US billionaires having impact over Europe.

Americans feel more pain but are also rewarded, Europe has no option but to become progressive - otherwise tere will be no more Europe and the Americans and Chinese will make us adopt their ways.

Oh, BTW, America is also struggling. The latest political developments are an attempt to change course - they are trying to become a bit more like Europe with the race and class based politics holding roots. They say they are anti-regulation anti-discrimination(of whites specifically) but the core MAGA movement is all about putting barriers and preserving old ways for the benefit of a subset of people. Americans are too in soul searching. Their MAGA literally means fixing what is no longer great but their demands are actually quite conservative and they already begin falling off with their accelerations partners.

Re:UK's elite hardware talent is being wasted by nonrandomstring on Monday January 20, 2025 @03:54AM (#42766452)
> unfortunately this can't last as those who go hard on progress and tear down everything and rebuilding again

A notion of "bare progress" is the elephant in the room. Progress is a vector. It has magnitude and direction. People talk of moving "forward or back", but science also has a steering wheel.

> and the Americans and Chinese will make us adopt their ways.

This very notion of "progress" as a totalitarian force is also dangerous. The boot is on the other foot from 80 years ago. When Europe was starting a 1000 year technological master-race, more measured minds had to extinguish that fire. I see many similarities today - people seeing "progress" simply as dominance.

I liked the brain-dump in TFA, but I think it's over-complex and too tied to a contemporary interpretation of capital investment.

We've been spooging away our talent for generations here. Look at how we treated Turing. We mismanage or sell-off everything cool we invent.

What Britain still suffers from is class disloyalty. We still have a strong but invisible class system which is now international financiers. Those sorts "float above" the ordinary economy, they are disconnected from UK interests and don't give a toss about engineering, science, knowledge, education...

Re:UK's elite hardware talent is being wasted by robertlagrant on Monday January 20, 2025 @04:49AM (#42766873)
> When Europe was starting a 1000 year technological master-race, more measured minds had to extinguish that fire

A lot of the measured minds were saying eugenics was a good idea. It took the horror of seeing experiments and concentration camps to make it so deeply unfashionable the idea couldn't even survive in academia.

Re:UK's elite hardware talent is being wasted by nonrandomstring on Monday January 20, 2025 @04:56AM (#42766922)
I believe you're right. Edwin Black's "IBM and the Holocaust" and Kazuo Ishiguro's "The Remains of the Day" both played their part in revising my naive ideas about simple narratives of WW2.

But look at this post made here a couple of days ago [0]. It's absolutely back in fashion. I think technofascism really is a thing now - you can feel certain people getting quite giddy with thoughts of power.

[0] https://news.ycombinator.com/item?id=42735539

Re:UK's elite hardware talent is being wasted by robertlagrant on Monday January 20, 2025 @05:14AM (#42767061)
Power's always in fashion. Academics seem to love socialism, because it (in practice) centralises decision-making nationally to a group of smart people (and the academics might imagine themselves to be these insanely powerful people).

Eugenics was the same. It was a Progressive way of thinking, if I remember correctly.

Re:UK's elite hardware talent is being wasted by nonrandomstring on Monday January 20, 2025 @05:45AM (#42767276)
> academics might imagine themselves to be these insanely powerful people

It long ago escaped academia. Everyone wants to imagine themselves "insanely powerful people" now. It's part of the sell.

But based on experience I'm with Chomsky, that the majority of academics are abject cowards (if we weren't we'd take back the universities)

> Eugenics was the same. It was a Progressive way of thinking.

Again I think you're right, painful as the truth is. I met many oh-so humane "Humanists" eager to stop the suffering of those poor untermensch.

Re:UK's elite hardware talent is being wasted by robertlagrant on Monday January 20, 2025 @06:06AM (#42767417)
> Everyone wants to imagine themselves "insanely powerful people" now. It's part of the sell.

I'm not sure this is true. Socialism does have a surprising foothold, but I think that's largely due to the larger number of people flowing through academia.

Re:UK's elite hardware talent is being wasted by Cumpiler69 on Monday January 20, 2025 @03:12AM (#42766156)
>Yes, there are advantages of a stable and well functioning systems

Current EU is definitely not a stable and well functioning system. Look at economic conditions, political outcomes, illegal immigration, wealth inequality, societal and political trust, homelessness rates, birth rates, free speech suppression, welfare austerity, etc Everything has been going downhill since the 2008 crash. It's a powder keg.

>they are trying to become a bit more like Europe with the race and class based politics holding roots.

What are you on about? Europe doesn't have much race based politics, that's a thing America keeps pushing.

Re:UK's elite hardware talent is being wasted by mrtksn on Monday January 20, 2025 @03:16AM (#42766178)
Yeah right, Reform AFD Rassemblement national Fratelli d'Italia and other risings stars have nothing to do with race and even if they do it's Americans behind it.

Everyone knows that Europeans are much more racist than Americans, it's just that we are much less explicit about it and its issues are different than the issues in the USA.

Re:UK's elite hardware talent is being wasted by Cumpiler69 on Monday January 20, 2025 @03:20AM (#42766200)
You might want to look more at why people are against the waves of illegal immigration and less on the color of their skin.
Re:UK's elite hardware talent is being wasted by nobodywillobsrv on Monday January 20, 2025 @03:42AM (#42766358)
Even legal migration is bad now.

The governments of Europe no longer hold a monopoly of violence. Terror groups and MENAPT groups have brought a diverse range of violent threats to people.

Building a robot army to solve this is one viable solution that is hardware and software based.

Re:UK's elite hardware talent is being wasted by coldpepper on Monday January 20, 2025 @04:13AM (#42766590)
Building a robot army is a ridiculous idea.

The efficient & practical way is to stop renewing residence and work visas, making acquisition of visas harder through complex demands of high language proficiency, and a high amount of money as proof-of-funds, perhaps requiring a local referral too. It's what countries that don't want immigrants but don't want to say it out loud do.

Re:UK's elite hardware talent is being wasted by worthless-trash on Monday January 20, 2025 @04:51AM (#42766895)
They add job requirements (aka skilled migration) and lottery system on top too !
Re:UK's elite hardware talent is being wasted by mrtksn on Monday January 20, 2025 @03:27AM (#42766251)
Illegal immigration is a BS term, make immigration legal if you don't want illegal immigrants. It's not like people choose the hard, dangerous and expensive ways instead of buying a Ryanair ticket. When the illegal immigrants BS doesn't hold they all start complaining about legal immigrants as with the UK and their core Brexit reason.
Re:UK's elite hardware talent is being wasted by worthless-trash on Monday January 20, 2025 @04:52AM (#42766902)
Immigration is legal though, in most countries.
Re:UK's elite hardware talent is being wasted by robertlagrant on Monday January 20, 2025 @04:57AM (#42766936)
> make immigration legal if you don't want illegal immigrants

As a philosophy of law point, aren't laws passed to make things illegal if they aren't wanted? Rather than legal?

Re:UK's elite hardware talent is being wasted by mrtksn on Monday January 20, 2025 @05:05AM (#42766991)
That's the point, illegal immigration is just a veil so some people can feel better for them selves.

"it's not that I don't like them - I am not like that, its just that I don't want illegal immigration"

Re:UK's elite hardware talent is being wasted by robertlagrant on Monday January 20, 2025 @05:23AM (#42767128)
I can understand this might make sense if race (or ethnicity) were the only factor in the world to consider, but since it's not, is there value in thinking as though it is?
Re:UK's elite hardware talent is being wasted by mrtksn on Monday January 20, 2025 @05:37AM (#42767224)
What makes me think that it's about race(loosely speaking. IMHO it's more about xenophobia and feeling like losing privilege o identity as a nation etc) is that once you make the immigration legal they start complaining about numbers like in Britain.

BTW I don't disagree with the people who don't want everyone be welcome, I just think that their solution ideas and demands are misguided. My observation is that people from various ethnicities can function in cohesion and are about the same when they are from a similar educational background and rarely have ethnical or racial issues among themselves and IMHO all the problems will be resolved if you let people naturally find their appropriate group they belong to instead of having BS like country borders and visas and DEI or race based positive discrimination etc.

Re:UK's elite hardware talent is being wasted by robertlagrant on Monday January 20, 2025 @06:03AM (#42767398)
Thanks for your reply. I think I agree with at least some of it, but it is still solely talking about race.

The worries people have, especially in somewhere like Britain, is it's a country with a relatively small population compared to the level of immigration, and housing is an enormous problem. One outcome that I think can be to a considerable extent[0] attributed to high net immigration is that housing has become smaller (many houses divided into flats), and housing has become much more expensive. So anyone who already owned a house is sitting fairly pretty, as they get bouyed up by the housing market, but anyone looking to buy for the first time, or buy into a new market for the first time (e.g. moving to near schools for kids) is going to have a massive problem, as the competitive pressure has up-bidded housing and made it worthwhile to subdivide and sell/rent smaller dwellings.

This could be all white people doing it (somewhere like Cornwall in the UK is mostly annoyed because other Brits buy holiday homes there, driving up prices for locals and their kids who are coming up) - it doesn't matter. The housing costs are what matter. And they, a bit like fuel, drive up everything else: NHS workers need higher salaries to just be able to live in many places, which drives up taxes.

This isn't to avoid actual race/ethnicity-related tensions. But there's a giant clump of people who are just fed up with their money going far less far than their parents' and grandparents' money did when it comes to one of the fundamentals of life: housing yourself and your family. And their parents and grandparents are equally upset that their kids/grandkids have in a major sense a harder life than they did.

[0] definitely not fully; there are multiple factors. But if you net import the equivalent of the population of Liverpool each year, and you aren't building a Liverpool each your to house them, it's obvious that prices will start shooting up.

Re:UK's elite hardware talent is being wasted by piltdownman on Monday January 20, 2025 @05:34AM (#42767210)
Well no, its not. Specifically in relation to Asylum Seekers contravening the EU Dublin Regulation and tearing up their passports on an intra-EU flight so they can claim Asylum and the associated social welfare in Ireland rather than France or Germany due to our much higher rates.

https://en.wikipedia.org/wiki/Dublin_Regulation

Basically economic migrants - predominately young men from the middle east - disguising themselves as Refugees and taking social supports away from the families fleeing warzones.

Re:UK's elite hardware talent is being wasted by mrtksn on Monday January 20, 2025 @05:46AM (#42767286)
That is one subset of immigration crime that is rightly frown upon and can be completely avoided abolition of the country borders concept that was introduced in the last 100 years or less. Want to help people in need? Instead of confining them into areas and then impose restriction on those and give some of them some money, help those in need. Or don't help, but at least don't pretend that you are bringing justice to the world without addressing the core problems.

In other words, this is actually welfare fraud that happens to have a travel component.

Re:UK's elite hardware talent is being wasted by Cumpiler69 on Monday January 20, 2025 @06:45AM (#42767672)
>can be completely avoided abolition of the country borders

Home break-ins can be avoided by abolishing locks on your front door and leaving them open for the public. You go first please.

Re:UK's elite hardware talent is being wasted by mrtksn on Monday January 20, 2025 @06:54AM (#42767741)
I won’t reply to this strawman argument.
Re:UK's elite hardware talent is being wasted by Cumpiler69 on Monday January 20, 2025 @07:57AM (#42768235)
It's the same champaign socialist argumentation you are using, just that it's not affecting you, but when it does affect you, you have no argument.

The question was simple, why do you support illegal immigration in a country's borders as being OK, but not crossing in the borders of your house?

It's easy to be virtuous and generous with other people's money/resources.

Re:UK's elite hardware talent is being wasted by mrtksn on Monday January 20, 2025 @08:22AM (#42768456)
I don't support illegal immigration, I say that people traveling and seeking better lives should not be illegal.

I think we are done here since I don't feel spending time for positions I never claimed. I despise this type of argumentation, its a known fallacy and its useless.

You can count yourself as won an arguments if you feel like that.

Re:UK's elite hardware talent is being wasted by rangestransform on Monday January 20, 2025 @03:28PM (#42772696)
It should be illegal based on the wishes of the people in the destination country alone, even if only to hoard the pie for themselves
Re:UK's elite hardware talent is being wasted by CamouflagedKiwi on Monday January 20, 2025 @06:06AM (#42767420)
That's a ridiculous way of thinking about it. Anyone who says they don't want illegal immigrants isn't objecting simply because of the legal status, they think the process should be upheld which prevented those people from immigrating legally.

It's the same reason we don't seek to improve crime rates by legalising theft. Sure, there'd be fewer people labelled as "criminal", but the original problem would remain (and in all probability would become worse).

Re:UK's elite hardware talent is being wasted by mrtksn on Monday January 20, 2025 @06:53AM (#42767734)
And why the process of immigrating legally is more than buying a ticket and a security check at the border?

Obviously, it is the reason that matters and the reason is not benign.

People want other people to like people in certain way they and then castrate Alan Turing for illegal love. People want to have slaves then they have illegally free slaves problem.

Why pretend that this is about upholding the law?

Re:UK's elite hardware talent is being wasted by rangestransform on Monday January 20, 2025 @03:26PM (#42772683)
It is within the right of every nation to determine who comes in and who doesn’t, by lethal force if necessary
Re:UK's elite hardware talent is being wasted by piltdownman on Monday January 20, 2025 @05:30AM (#42767180)
That's quite the conservative talk-radio shopping list.

Illegal immigration is a metric of the EUs economic success and social stability compared with North Africa, Eastern European Accession States, and the war-torn middle east. If America shared land borders and direct migration routes with Islamic caliphates and the like, they'd know all about it.

Economic Conditions and Political Outcomes are pretty sane and tolerable for all but a select group of (surprise surprise) US backed agitators like Hungary. You have to remember that the EU is run as a society rather than an economy, and must be judged on this ethos. People are very fond of using the comparable GDPs of Bavaria and Mississippi in this conversation - forgetting to mention the life expectancy is 10 years less and infant mortality 400% higher on the US side.

Societal and Political trust is still quite high - despite much fearmongering, the far-right are not gaining the political capital necessary to instigate significant change outside of Hungary.

Homelessness rates are a factor of illegal migration - and are laughably low compared to the US on a per capita basis; ditto whatever warped contention you have regarding 'welfare austerity'. We just call it social security. During Covid and in the period afterwards it was hugely ramped up across Europe - and not in a giveaway budget with a check personally signed by an Oligarch.

Re 'free speech suppression' I'm really not sure what you're aiming at. The current cultural friction regarding things like gender-identification and pronoun usage are uniquely american exports. On basically all other counts other than venue-shopping defamation cases, it's a moot point for any normal person.

Finally re birth rates - they tend to go down in wealthy and advanced societies outside of select religious groupings (looking at you Salt Lake City) so I'm not sure what your point is there.

Re:UK's elite hardware talent is being wasted by GasVeteran on Monday January 20, 2025 @05:46AM (#42767282)
It isn't a "conservative talk-radio shopping list". It is reality in quite a few areas in Europe and the UK.

> Economic Conditions and Political Outcomes are pretty sane and tolerable for all but a select group of (surprise surprise) US backed agitators like Hungary. You have to remember that the EU is run as a society rather than an economy, and must be judged on this ethos. People are very fond of using the comparable GDPs of Bavaria and Mississippi in this conversation - forgetting to mention the life expectancy is 10 years less and infant mortality 400% higher on the US side.

This isn't true. I know many people that have moved from Spain to Hungary. Most of these people where politically fairly normal e.g. either centre-left right or centre-left. I speak to people from all over Europe regularly and many of them do not feel the way that you are describing.

> Societal and Political trust is still quite high - despite much fearmongering, the far-right are not gaining the political capital necessary to instigate significant change outside of Hungary.

That isn't true. I know many areas of Europe where the electorate keep on voting for further right parties. The same is happening in the UK. Labour only won because the Conservatives lost and the Reform party did extremely well for what is a relatively new party. I know the same is happening in Belgium (I speak regularly with Belgian nationals). Areas of Spain that are most affected by immigration have voted for further right parties. So I know this isn't true.

> Re 'free speech suppression' I'm really not sure what you're aiming at.

Just look up the hate speech laws enacted throughout Europe and in the UK and some of the cases that have been prosecuted. We do not have a right to the free speech in the UK and the majority of Europe doesn't either.

Re:UK's elite hardware talent is being wasted by piltdownman on Monday January 20, 2025 @07:31AM (#42768019)
>>This isn't true. I know many people that have moved from Spain to Hungary. Most of these people where politically fairly normal e.g. either centre-left right or centre-left. I speak to people from all over Europe regularly and many of them do not feel the way that you are describing.

The plural of anecdotes is not data, nor does your select social circle represent a cogent sample group.

Orbans stated position is to pivot Hungary from a democracy into an illiberal state, modeled after Putin's Russia. At the EU summit in mid-December, for example, he refused to agree to the extension of the Russia sanctions that expire at the end of January.

https://edition.cnn.com/2022/04/02/europe/hungary-election-v...

Hungary are on the brink of being kicked out of the Schengen Zone, have about 12 billion in EU funds frozen because of their stupidity, and are now getting loans off China like some sort of tinpot African dictatorship in order to bridge funding gaps.

The next biggest right-wing rise is - surprise surprise - bordering them and the ex-Soviet Bloc in Poland. That waned so quickly with the escalation of War in Ukraine that, even if they joined forces, Konfederacja + PiS could still not form a majority coalition for seat of the Polish Government.

>>That isn't true. I know many areas of Europe where the electorate keep on voting for further right parties. The same is happening in the UK.

You missed my key qualifier 'necessary to instigate significant change'. The Overton window shifts when society is impacted by War and mass refugee immigration, particularly in a period of high-taxes following high social spend (lockdown).

>> Just look up the hate speech laws enacted throughout Europe and in the UK and some of the cases that have been prosecuted.

Citations needed.

>> We do not have a right to the free speech in the UK and the majority of Europe doesn't either.

Well no, not explicitly, as they have a different legal and basis for law as the US - e.g. they don't have a codified constitution either as they came from a common law system based on the French Courts. Instead they hold the same proportional right as a negative right to freedom of expression under the common law.

Its a moot point anyway as since 1998, freedom of expression is guaranteed according to Article 10 of the European Convention on Human Rights across Europe.

https://en.wikipedia.org/wiki/Article_10_of_the_European_Con...

Re:UK's elite hardware talent is being wasted by Cumpiler69 on Monday January 20, 2025 @08:00AM (#42768248)
Freedom o expression does not guarantee you freedom of consequence in Europe. If you make fun of a politicians they or the state can come back after you for it.
Re:UK's elite hardware talent is being wasted by piltdownman on Monday January 20, 2025 @09:01AM (#42768803)
Ehm... what?

Political satire is one of the oldest and grandest cultural traditions in Europe. Hell, most European countries even have some variant of a political satire show like Spitting Image:

https://www.tandfonline.com/doi/full/10.1080/01439685.2024.2...

Re:UK's elite hardware talent is being wasted by Cumpiler69 on Monday January 20, 2025 @09:39AM (#42769162)
Boy, you have no idea do you? And you're talking about satire, not reality. Our reality is worse than satire.

https://reason.com/2019/10/03/the-e-u-orders-global-censorsh...

https://brusselssignal.eu/2024/03/german-businessman-cleared...

Re:UK's elite hardware talent is being wasted by piltdownman on Tuesday January 21, 2025 @04:45AM (#42778135)
I have every idea, living and working in the jurisdiction.

>>https://reason.com/2019/10/03/the-e-u-orders-global-censorsh...

Eva Glawishnig-Piesczek v. Facebook Ireland is a defamation case. Look up venue-shopping in London for American defamation cases if you want a counterpoint. The CJEU later clarified hosting providers’ obligations to remove defamatory content

https://www.ehrc-updates.nl/commentaar/209146

>>https://brusselssignal.eu/2024/03/german-businessman-cleared...

Despite being acquitted, the Michael Much case was fairly understandable - the public prosecutor said freedom of expression had to be weighed against human dignity...(and) that propaganda does not fall under freedom of expression. No arguments here. 1A Rights aren't going to save you either, unless you call someone a 'pedo-guy'.

The reason I specifically brought up Spitting Image is that I knew you'd cite this case - with this point specifically argued in court.

"Partsch also pointed to popular TV-shows doing, he said, that did the same. If the court found against Much, it would mean a ban on creating political caricatures."

Re:UK's elite hardware talent is being wasted by GasVeteran on Tuesday January 21, 2025 @05:02AM (#42778290)
> Police searched Much’s house and removed and confiscated the posters. The public prosecutor imposed a penalty order of €6,000 for “criminal insult to politicians”.

The guy had his house searched by police, a €6000 fine and had to go challenge it in court. The fact that it happened at all is the problem.

Re:UK's elite hardware talent is being wasted by piltdownman on Tuesday January 21, 2025 @05:33AM (#42778513)
NGL, I can't really argue with that. Thankfully it's not the same across Europe - Germany is just a basketcase when it comes to laws. It's like getting fined in Switzerland for falling off your bicycle. They're not even remotely consistent in how or why they're applying them.

"In Hamburg, a man (59) who had called Federal Minister of Economics Robert Habeck (54, Green Party) a “complete idiot” on “X” (formerly Twitter) went unpunished. In Wunsiedel, Bavaria, the district court has now imposed a hefty penalty on someone who called Habeck an “idiot.”

"P. feels he has been treated unfairly and claims: "My Facebook post was meant to be satirical." His role model: the ZDF satire magazine "heute-show" . It regularly awards the "Golden Idiot" prize, for example to Winfried Kretschmann (75, Green Party), Sigmar Gabriel (64, SPD) or Björn Höcke (51, AfD)."

https://www.bild.de/news/2024/hamburg-regional-politik-und-w...

Re:UK's elite hardware talent is being wasted by GasVeteran on Monday January 20, 2025 @10:21AM (#42769571)
> The plural of anecdotes is not data, nor does your select social circle represent a cogent sample group.

When something isn't easily quantifiable there is no data. OK sure then, but there wouldn't be anyway.

The fact is that people are talking about moving either out of Western Europe / UK to somewhere else and it is a common sentiment amongst many professionals.

> Orbans stated position is to pivot Hungary from a democracy into an illiberal state, modeled after Putin's Russia. At the EU summit in mid-December, for example, he refused to agree to the extension of the Russia sanctions that expire at the end of January.

Can you point me to a translated policy document or a more credible news source from like Hungary that I can translate? I don't take American news sources seriously for European issues as they frequently get basic things incorrect.

> Citations needed.

You can look up the laws yourself and the cases. They can easily be found. They are numerous. The law around speech is quite easy to find on the .gov websites.

> Well no, not explicitly, as they have a different legal and basis for law as the US - e.g. they don't have a codified constitution either as they came from a common law system based on the French Courts. Instead they hold the same proportional right as a negative right to freedom of expression under the common law.

In the UK we literally don't have the right to free speech. I have actually read the law on this issue several years ago. Only in Parliament are you allowed to speak freely. There is nowhere where it says we have these rights, there are no cases that have decided that has ruled we have these rights. This is neither explicitly or implicitly.

> Its a moot point anyway as since 1998, freedom of expression is guaranteed according to Article 10 of the European Convention on Human Rights across Europe.

Freedom of expression != Free speech. They are not the same thing and that is why hate speech laws exist in the majority of EU countries and in the UK. Time and time again people erroneously equate free-speech with free-expression. The UK government have themselves come out and said something to the effect of "You have the right to free expression, but not saying things we don't like" essentially.

You either are being wilfully ignorant or you are horrendously naive. Go and read the law yourself if you don't believe me.

Re:UK's elite hardware talent is being wasted by piltdownman on Tuesday January 21, 2025 @05:23AM (#42778437)
>>The fact is that people are talking about moving either out of Western Europe / UK to somewhere else and it is a common sentiment amongst many professionals.

2022 and 2023 were the highest years on record for net migration into the UK. The only reason 2024 wasn't even higher was due to the new Conservative government's policy stopping international students from bringing dependents to the UK.

https://news.sky.com/story/net-migration-to-the-uk-falls-by-...

Migration to Ireland is at the highest level since 2007. It represents a 3.5 per cent increase in population - which in a given year would be one of the highest ever recorded for a single country.

https://www.irishtimes.com/ireland/social-affairs/2024/06/10...

>>Can you point me to a translated policy document or a more credible news source from like Hungary that I can translate? I don't take American news sources seriously for European issues as they frequently get basic things incorrect.

Wildly bad faith wasting of my time as it's one of the most famous speeches made in a Western Democracy in the 21st Century, but since I have to lead a horse to water... here's a translated transcript from the website of the HUNGARIAN GOVERNMENT.

https://2015-2019.kormany.hu/en/the-prime-minister/the-prime...

>>You can look up the laws yourself and the cases. They can easily be found. They are numerous. The law around speech is quite easy to find on the .gov websites.

But of course the rules are different for your opponent in debate. Laughable.

>> In the UK we literally don't have the right to free speech...Freedom of expression != Free speech. They are not the same thing and that is why hate speech laws exist in the majority of EU countries and in the UK

I think you're conflating two issues here - Hate Speech and 'Freedom' of Speech.

Hate speech receives substantial protection under the First Amendment and is specifically covered under 1A as per Matal v. Tam (2017). But there are several carve-outs. The most famous is the fighting words doctrine; a well known limitation to freedom of speech under 1A - enshrined in a 9-0 decision in Chaplinsky v. New Hampshire (1942).

More to the point, the First Amendment prohibits defamation actions based on “loose, figurative language that no reasonable person would believe presented facts". Not actions like when Donald Trump defamed E Jean Carroll by denying her allegation of sexual assault to the tune of $80m+ in damages.

That said, this didn't stop ABC News paying $15m (£12m) to US President-elect Donald Trump to settle a defamation lawsuit after its star anchor falsely said he had been found "liable for rape" as opposed to liable for "sexual abuse", which has a specific definition under New York law. This is despite the substantial-truth doctrine which many jurisdictions adopted, which protects a defamation defendant as long as the “gist” of the story is true.

Something something willfully ignorant. /s

Re:UK's elite hardware talent is being wasted by GasVeteran on Tuesday January 21, 2025 @05:52AM (#42778666)
> 2022 and 2023 were the highest years on record for net migration into the UK. The only reason 2024 wasn't even higher was due to the new Conservative government's policy stopping international students from bringing dependents to the UK.

These aren't the same people as the people wanting to migrate away. I am talking about people that were born in their home countries wanting too leave. You are quite well aware of this you are being disingenuous.

Also there is 400,000 going out of the country last time I checked (and that was a good few years ago). Why are those people leaving?

> Migration to Ireland is at the highest level since 2007. It represents a 3.5 per cent increase in population - which in a given year would be one of the highest ever recorded for a single country.

Again this the same thing.

> Wildly bad faith wasting of my time as it's one of the most famous speeches made in a Western Democracy in the 21st Century, but since I have to lead a horse to water... here's a translated transcript from the website of the HUNGARIAN GOVERNMENT.

I don't follow Hungarian politics. I also don't trust American news sources. Thank you for the link though.

> But of course the rules are different for your opponent in debate. Laughable.

While they numerous and frequently get buried on major search engines. It been an issue for years now in the UK.

Most notable examples are on wikipedia

https://en.wikipedia.org/wiki/Hate_speech_laws_in_the_United...

There are literally countless cases now. Last time I checked there were 7 cases a day prosecuted and that was way back in 2018.

> I think you're conflating two issues here - Hate Speech and 'Freedom' of Speech.

Hate speech is a made up term to limit freedom of speech.

I am put in the unenviable position of defending people that I dislike because I think people should have the right to speak their mind.

> The most famous is the fighting words doctrine; a well known limitation to freedom of speech under 1A - enshrined in a 9-0 decision in Chaplinsky v. New Hampshire (1942).

Firstly I am talking about the UK not the US. So why you are talking about the 1A in the US is beyond me.

Also I know Fighting words is not anything like the hate speech laws in the UK. So this is irrelevant.

> More to the point, the First Amendment prohibits defamation actions based on “loose, figurative language that no reasonable person would believe presented facts".

You are now conflating defamation with hate speech. These are not the same thing. Again this isn't irrelevant.

> Something something wilfully ignorant.

Yes you are being wilfully ignorant about UK hate speech laws. There are loads of cases in the UK where people have been prosecuted for Hate Speech, There is also non crime hate incidents which can show up on background checks when you go for a job.

https://en.wikipedia.org/wiki/Non-crime_hate_incident

Re:UK's elite hardware talent is being wasted by coastermug on Monday January 20, 2025 @02:49AM (#42766044)
People need examples of success in their network. Most people have frankly never met or heard of anyone who founded a successful startup- and therefore would never think of taking on such a risk. I agree that in some places there is a sense of malaise, but if we are to believe founders are a 1-2% outlier of the population, I don’t see why America’s 1-2% should be so much more ambitious than the UKs. I think it’s more a cycle induced by lack of funding.
Re:UK's elite hardware talent is being wasted by Cumpiler69 on Monday January 20, 2025 @03:17AM (#42766183)
>Completely agree, the problem in Europe is not regulations or anything like that - it is a mindset issue.

You can change mindsets with regulations that reward taking risks in new businesses/innovations, and punish rent seeking and sitting on inherited real estate for example.

But as long as EUrope is focused on maintaining the status quo of boomers and gentrified billionaires that you probably played against in Assassins' Creed, nothing will change.

Re:UK's elite hardware talent is being wasted by turbojerry on Monday January 20, 2025 @06:30AM (#42767572)
EU drone regulations ban autonomous drones from being flown. This made me stop work on them, this is not a mindset problem. It's actually a corruption problem as Google wanted to sell their software to coordinate drone flights and the EU people were "persuaded" to enact regulations to make this happen.
Re:UK's elite hardware talent is being wasted by mrtksn on Monday January 20, 2025 @06:37AM (#42767619)
This is interesting, can you give a bit more details maybe? Which regulations are not allowing you to do what? I wasn’t able to find the ban, is it maybe more about safety and privacy requirements rather than outright ban?
Re:UK's elite hardware talent is being wasted by turbojerry on Tuesday January 21, 2025 @09:47AM (#42780662)
It's a case of what is not explicitly allowed is banned, that is the difference between European continental law and English law where things are allowed unless explicitly banned. Here is a quote from the email I had from the CAA -

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"At present the CAA do not allow for these types of flights as there has to be some degree of collision avoidance in that the aircraft must be kept in visual line of sight at all times to avoid a collision.

The CAA does not regulate the use of drones indoors and there is a short section on indoor use at the following web page, about ½ way down the page.

https://www.caa.co.uk/Consumers/Unmanned-aircraft/Recreation..."

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As if a search and rescue, or crop monitoring drone would be useful inside a building, complete madness.