Aaron Bastani DESTROYS Jeremy Hunt
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- čas přidán 14. 05. 2024
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2 simple rules for life;
No.1 - Never trust a tory
No.2 - Never forget rule number 1
The tories always feel like they're campaigning for the job they already have, but not campaigning to us, campaigning to tufton street.
That's "capitalist" politicians in general.
Perfect analysis
I was an Operating Theatre Manager while Hunt was Health sec! Gave him a list of solutions to save the NHS! Got a reply " thank you for your concern, but no thank you!" So, invited him to come and work in our hospital for 12hrs shift to actually understand the needs & concerns of staff & patients. Obviously declined! Hunt is a complete self-serving idiot! Imo!
You should take that email thread to the press.
Hi Aaron, I am older than you I am 67 and worked in technical industries in the UK for 40 years. I my opinion the UK has been going down hill since 1970 and no political party will ever reverse this decline.
Yep!…Maggie has a LOT to answer for!…😵💫
Yep, neoliberalism is catabolic. We've nearly eaten everything we built for ourselves... and then?
Do you remember Pace? Or amstrad?
@@b00ts4ndc4ts Yes I remember Amstrad Hi Fi equipment before they started making junk.
One of the captains of austerity. He’s a former language teacher running the finances of the country into the ground
He's a believer in neoliberalism or asset stripping even the basis for the computer literacy project was a Labour idea but like Ken Livingstons electric bike it was Boris that gained the noteriety
hatchet man put in positions to do exactly that
started demise of our NHS
He probably failed at teaching also
These politicians are criminals
Mm, yes. And the left talking about that fact makes no difference. They do not care you think they are criminals, because they know that even if you are correct. You are powerless to change it
Maybe he read Yanis Varoufakis book on technofeudalism and was like "the British bourgeoisie needs a technofief of it's own!"
We've been selling everything for 40 years. Since Thatcher started this madness.
I wonder what ICI would be worth now.
No no no no please no, remember when they tried to create their own track and trace...... 36 billion wasted
Not wasted per se but laundered
What? My company would build something like this for £100k max. Not my company as in I own it, where I work.
@@CloudCoderChapyes but you're not friends with Matt Hancock so no way are you getting that contract.
Love the channel, but you don’t need the clickbait titles. Your work stands for itself. 🙏🏼
Dreadful isn't it. Really want to take them seriously but these titles are so childish
I guess you don't understand how YT and social media works as they literally do need to if you want them to keep making this outstanding content.
I can't stand the hyper aggressive titles political youtube uses to get people to rage-click. It only serves to make political discourse more divisive. Fine hiding behind a camera but in the real world you cant talk to people with the motivation to DESTROY them. It's really sinister. Don't do it.
they’re just taking the piss, don’t think they’re actually serious lol
Agree with this. Seems beneath Novara.
I would think the term ‘what a Jeremy’ has been well and truly enrolled into Cockney rhyming slang by now! 😂
I remember my first computer in the 80’s, a ZX Spectrum made by Sinclair, a BRITISH Tech Company that made home computers and electric cars. It could have been the British Apple as it was so ahead of its time. Such a shame.
Yup. This is true. Clive.
We had a ZX Spectrum! We used to play Horace and the Spider, every Sunday morning.. also that Wall game with the colourful bricks ❤ (this was in what was then called the Transkei, in South Africa) got me all nostalgic now..
@@anxiouscucumber9 Yeh we had some mad games too. Turbo Esprit. Formula One. The horse riding game. The one I remember most is Wild Bunch. Classics!
@@anxiouscucumber9 that was Manic Miner
The Speccy (and C64 tbf) has also had a really long legacy. In the UK there became a culture of bedroom programmers innovating in this space helped by these computers being relatively cheap, which formed the UK's current games industry with the Wright Brothers and games like Elite. This year a record number of studios have closed and we're not even halfway through.
Because every startup and idea in this country gets sold off for a quick quid uncluding older British companies and utilities
What a brilliant video. Needs to be on prime time on national TV and Netflix.
It seems like these people forget that under capitalism, companies can do what they want. If they feel they can make more money over in another country, they will do so. Even if it means destroying the industry in their home country. The pursuit of profit outweighs the livelihoods of ordinary people, and the nation
Exactly, a company's first rule is make profit for it's share holders. They will stop at nothing to achieve this.
I feel like Hunt is the final boss in his second phase
Good luck Jeremy, there is a UK government complaints website that is somehow only open on the weekends, yes a website only available on weekends.
And why not? Microsoft and Apple only have a 49 year head start.
OpenAI (love or hate em) have shown its possible very quickly, but UK lacks most of the requirements for good startups... remember silicon roundabout anyone?
Jeremy Hunt is the country's most popular rhyming slang and never disappoints us with his matching behaviour.
The ignorance is staggering.
Aaron:
The first part of Hunt's statement - "There is no reason whatsoever..." - is demonstrably utter nonsense. There are *countless* reasons why it can't be done!
You never know Aaron. I have BIG plans for Wootzoo.
Brilliant video. He really is a tool.
Brilliant coverage! Thank you
Yikes, what we need the least is another tech-bro infested BigTech/GAFAM-like too-big-to-fall corporation. We should break the existing ones apart and focus on developing and moving to free and opensource technology.
I am shocked to hear that Amstrad isn’t the biggest tech company in Europe or even British 🤭
Have you ever owned an amstrad product? . They were not very good.
@@malcolmmitchell6529 my very first computer was an Amstrad COC 464 with 64k of active memory. It sometimes worked and mostly would say Syntax Error 404. Baring in mind that was in the 80s before I was anywhere near puberty and I can still remember that I would say that yes I remember it, not foundly but still wake up screaming about it sometimes…
We've always been tied to the US one way or another. To think that if the UK gov't ever disobeyed them the US could just turn us off at the flick of a switch.
That dartboard that could spin around on Bullseye was pretty high-tech back in the day,
Love listening to you 2 together.. so informative...n great humour 👌
1984 is the year when BT was privatised. Co-incidentally..
Hunt is ignorance and arrogance personified
It's not just Arm, Deep Mind (Google's AI department) and Sophos are also tech startups that were bought up by foreigners. A European tech company growing to 1t is not impossible (ASML still might, heck Darktrace _might_) but until the UK government gets serious about fixing growth issues for UK companies, it won't be a British one.
This is one of the many tragedies of Brexit. An EU initiative might be able to create a European alternative to the big US tech platforms. The UK alone can't
Motability - took 3yrs to get a wheelchair accessible vehicle for my son, because China rations the microchips for vehicles! Caused us hell!
He looks after himself and saved 100,000 not paying stamp duty on properties bought from tory donor.
with FACTS and LOGIC
I assume he thinks if the market is completly unregulated this will just happen. That old silliness.
Excellent piece, one of the best Novara episodes I've seen so far.
It's not about destroying the messenger as Aaron knows it's the fact that Britain's economics has been poor for a century.
USA started back in 2000., UK had the opportunity to start at that time yet...
Microsoft was around since the 80s
The tories know the price of everything and the value of nothing.
The government loves QE economics , a trillion is very achievable , it's like a million but more zeros
Every once in a while i am reminded to not constantly be pissed at these guys. Excellent segment.
What we used to say at Post Carbon Toronto: "The problem aint with what comes out of tailpipe but what goes into the tank."
I was so sad when ARM, the last remaining genuinely world class British tech company, was sold to the Japanese. Big mistake for Britain, although probably not for the company itself.
Hunts been saying this for years. Glad you guys finally spoke sense to this delusion
Jeremy is a hunt.
Somebody should ask Hunt: "Where's the Money Gonna Come From?"
It feels like the UK is living on past glory. We need to figure out what we're good at and focus, more like Switzerland than the USA.
We do have state funded research in innovation but not on a big scale
Fantastic piece! Thanks so much 🙏
Bastani thanks for your analysis because you updated my IQ
Can I fill out some context here. Britain used to be a huge player in tech. The post office research department and then bt when it moved made some of the biggest innovations in tech ever. Acorn (now ARM), the transputer. Etc. another really nice thing was that Britain had its own style in tech which is best described as eccentric. Why the US won out is literally because the UK government stopped funding research, investing and sold off its tech assets (transputer is a really good example) whereas the US didn’t. Now, only ARM survives. After the brexit vote it was sold to Japanese SoftBank and recently registered on the New York stock exchange. Now ARM is incredible. I don’t think there is a tech company on earth that sells as much as ARM, but… all that profit is in Japan and America now.
Currently they're removing scrap metal here, including the beds of people in this care home in the Midlands!
Leamington Spa/Whitnash CV312JS!
Bravo Aaron bravo old bean.
So it isn't the emigrants fault ?!
It never has been. Under capitalism, the ruling class will use minorities as a scapegoat for the crisis these companies cause
Or Jeremy Corbyn😆
With facts and logic
How many people in the UK know how many Israeli surveillance systems the UK uses?
There's some fantastic information in this video. Love you guys but the cringe click bait is so unnecessary and childish. You're better than this.
you cant compare market capitalisation with european market caps - us stock prises arent based in reality
His name doesn't rhyme with a rude word for nothing, don't you know!?!
Thanks for picking Hunt's fantasy apart. I'm going to become an Astronaut!
Looking into Hunts wealth is really shocking, they really are unfit for the positions they hold.
Carbon isn’t a threat, it’s essential to life on Earth and the greenhouse effect as currently described is a physical impossibility. That said, these tariffs are a tax on regular American consumers, not China. Important to remember that in the cost-benefit analysis.
Don't you get around tariffs by setting up assembly factories in the country you are exporting to ....
@@dolphine675 often, yes. not always that easy, but for a lot of things that’s how. Toyota’s mid-South plants, for example. or honestly, the Big 3 in a lot of ways. “Made in” mostly means “put together in.”
The government could start by providing fast speed internet and cell coverage. The Outreach doesnt really reach out to us here in the deepest Wiltshire. Most farmers need to drive to town to upload their produce data through insecure hotspots. At home it’s G2/G4 at the best. The roll-out of the state of the art computer programmes for the customs and NI is still lacking. We got Starlink finally. Works well and is cheaper than other service providers.
P.S. Ptobably most of these guys can build a fibre at tax-payers’ expense. For us, BT quoted £100K..
British companies would get nowhere near a one trillion market cap with our predatory banking system which engineers the flogging off of any British company of any saleable value. As for Tories, they have only been good at robbing rather than building, or even running the economy. And that's a deliberate strategy.
Can't even get a train to run the length of Britain. Miniscule compared to trains running across thousands of miles. The man is wnkr.
My prime minister R Fico was shot in Slovakia 🇸🇰
... Not a word..?
Couldn't happen to a nicer chap...and this relates to the article how?
The compnay's pronounced 'arm' like the body part btw. Not A R M.
In the post-truth UK, Jeremy's claims are barely a fib.
The H in Hunt is pronounced with a C.
I wish more journalist would remind people that jemery hunt co-authored a book about how to provatise the NHS I feel like he should carry that disclaimer indefinitely
Yeah, yeah. But apart from that, he has a point! 🤣
I would bet on Jeremy Hunt awarding that £1 trillion contract to build this fantasy tech company to G4S and Deloite like they did on track and trace.
The return of the magic money tree.
Jeremy *unt springs to mind
Maybe Mr Hunt (rhymes with another word that escapes me now) expects by the time the company exists, his incompetence will crash the pound so it's worth 100 times less? That would make it about 10 billion in todays money, which incredibly reasonable, perhaps he should be commended on his honesty? (for once)
Pork market and cheese to multi billion companies go on Jezza.
Delightful deluging dross from the chancellor of the Exchequer.
Sorry Aaron but Stripe is an Irish-American company and more Irish than American, it's global value is about 10% of the entire Irish economy.
Even Ireland is on par with Britain these days when it comes to tech unicorns.
Considering the populations of both Islands, if we looked at the number of tech unicorns per capita then I'm afraid we've left the UK in the dust.
I thought that Shell is a Dutch company?
We don't own anything, we sold it all off years ago?
So Mr Hunt wants a more successful version of ICL? Start with a postmortem of that company and rethink your ambitions!
There's a lot wrong with this but to sum - market cap of an index does has no correlation to strength of economy. FAANG companies don't represent the US anymore than they represent the UK. Companies are loyal to their profits, not what terrain they're on. Second, what you're advocating for really is asset manager capitalism. More investment in UK capital markets doesn't necessarily lead to improved outcomes. Just look at Thames Water. There are at least 4 other things I'd like to point out but I can't be bothered. Aaron I recommend you take an economics course, I know some good short courses you could enlist on because you're really shooting from the hip here and it snows. Also, read - the value of a whale
All big Fujitsu fans.
Illustrates how they think.
Hmm.. The trillion dolar company was a bit absurd, but the article was actually about modifying the UKs venture capital infrastructure to give more headroom for startups to remain brotis for a bitnkonger before they are sold to US companies. Mind you there was no detail about how to achieve better VC - which woukd have been a better critique. Ps.. on the DARPA thing, the government has just created a DARPA agency - called ARIA.
What a j.hunt
Not a Jeremy Hunt ‘fan’ by any means, but sometimes it’s good to have an audacious goal; a call to action so to speak. Now, the question begs… Will the incumbent, or incoming government create conditions to accelerate innovation and growth? 🤔
I think 'Only Fans' is British...I'm proud if no one else is.
I like Aaron but couldn't clean Galloways clock
Without a good education, and access for all at university and further education we don't have enough people with the skills required. With the levels of poverty and the high cost of education it can't be done.
What a hunt
Do they actually believe it though? Or are they just in a position where they know they won’t be in power for much longer, and then they will be able to argue points in opposition like: “we had plans to be the next Silicon Valley! What has Labour done?! Raise taxes!” Etc etc.
Novara going with the Ben Shapiro school of CZcams video tagging 😂
Has there ever been a sensible comment or suggestion made by any of these clowns?
ARM was successful in spite of the government, almost clandestinely. So of course we sold it. Free enterprise you know. As you say, 'they' think we're technologically superior because, well, sovereignty. Fact is, we are rather good still (not sure how or why) and we should offer alternatives to the ubiquity of the US and Asia (far and near). But the only way we could maintain some independence would be with Europe, which would share with us financial and human resources. Diversity and ideas. We've pretty much killed that for the immediate future and I don't see how we can recover. BTW MS has never been a technology giant, it's a business model. Like saying Google is a search engine.
The obsession with Tech is insane and this can’t be done and does not need to be required unless they are build a system that will run an authoritarian Country. We need manufacturing more items an pharmaceutical products that will also result in less shipping and damage to environmental matters.
_Aaron was punching down here, wasn't he?_
👏👏👏
Oh i enjoyed that.
But you are forgetting the massive increase in growth that is coming soon from the benefits of Brexit! No, really the benefits are coming, soon, they are almost here, still waiting....................
You are wrong on this one.
That ARM isn’t technically British illustrates the problem. It is based in Britain, it was founded in Britain, it was founded by some of the people behind Acorn Computers.
Another leading UK tech is DeepMind, arguably the leading AI company in the world.
The UK is good at both tech and biotech. This may be due to its universities.
The problem is an inability to turn that ability and talent (and some of the talent are either first or second generation immigrants) into techs that can compete with the large US companies.
A more pertinent question is why did ARM - the pride of UK tech - sell out to SoftBank and why did SoftBank choose to list it in the US?
Why was DeepMind bought by Google and not the other way around?
Britain seems to struggle to take its tech brilliance to the next level.
This is a problem that is well understood but the explanation is less obvious.
Personally, I think it has something to do with the short term nature of the City combined with an innate sense of British cynicism which creates a kind of defeatist attitude.