Steven

Of course, you know, a lot of countries are going to be like, because basically it sounds good, we're going to invest in AI, we're going to invest in AI. Personally, I think we should be looking at what does the British person need? You know, we live in a country where the housing stock is falling apart.

Of course, you know, a lot of countries are going to be like, because basically it sounds good, we're going to invest in AI, we're going to invest in AI. Personally, I think we should be looking at what does the British person need? You know, we live in a country where the housing stock is falling apart.

If we say AI, when we talk about AI, I think we're actually talking about technology. Because even a podcast like this, you don't think of this as an AI company. But actually now the editing process, the scripting process, the transcription process, even YouTube itself is an AI company. So it's really technology we're speaking about here.

If we say AI, when we talk about AI, I think we're actually talking about technology. Because even a podcast like this, you don't think of this as an AI company. But actually now the editing process, the scripting process, the transcription process, even YouTube itself is an AI company. So it's really technology we're speaking about here.

And I'm wondering why we can't create a better environment in the UK to start launching and building some of these technology companies. I think we should.

And I'm wondering why we can't create a better environment in the UK to start launching and building some of these technology companies. I think we should.

And I think we should be looking at reducing taxes on people who work and make money. This is what I've been saying for the whole time.

And I think we should be looking at reducing taxes on people who work and make money. This is what I've been saying for the whole time.

Yeah, we should reduce their taxes on the income that they make. But then if they start owning a £50 million company... Are you telling me, if you come to me and I say, all right, you want to start a company, we tax you very, very little on a company that you start. If that company becomes worth 20, 30, 40 million quid, then we're going to start taxing you.

Yeah, we should reduce their taxes on the income that they make. But then if they start owning a £50 million company... Are you telling me, if you come to me and I say, all right, you want to start a company, we tax you very, very little on a company that you start. If that company becomes worth 20, 30, 40 million quid, then we're going to start taxing you.

You're going to come and say to me, oh, no, sorry, 50 million is not enough for me.

You're going to come and say to me, oh, no, sorry, 50 million is not enough for me.

So can I ask a question on that? So my company was valued at 50, whatever, 100 millions. Congratulations. And I still had... Because I hadn't had an exit event, I still had £10,000, £20,000 in my bank account. Are you saying at the point when I sell the company, or are you saying just because I have shares in the company?

So can I ask a question on that? So my company was valued at 50, whatever, 100 millions. Congratulations. And I still had... Because I hadn't had an exit event, I still had £10,000, £20,000 in my bank account. Are you saying at the point when I sell the company, or are you saying just because I have shares in the company?

I think you can structure it a number of ways. You can structure it a number of ways. My preferred way is to stop people from hoarding enormous amounts of wealth for enormous amounts of time. That's basically my preferred method. There's also the wealth tax method. There's also capital gains as a method. There's a lot of different ways here. There's a lot of different ways here.

I think you can structure it a number of ways. You can structure it a number of ways. My preferred way is to stop people from hoarding enormous amounts of wealth for enormous amounts of time. That's basically my preferred method. There's also the wealth tax method. There's also capital gains as a method. There's a lot of different ways here. There's a lot of different ways here.

But you have to deal with the problem of if you do not tax very wealthy individuals and very wealthy families, their share of the pie will obviously grow over time and they will and they are, as we are watching, squeezing out ordinary families.

But you have to deal with the problem of if you do not tax very wealthy individuals and very wealthy families, their share of the pie will obviously grow over time and they will and they are, as we are watching, squeezing out ordinary families.

You have to deal with that. My friend sold his company in the UK. It's a company everybody knows. And he, I remember him saying to me at the time, it was in the middle of a pandemic. He'd got this big exit event. I think he'd made 300 million. And he goes, I'm off. I go, where are you going? He goes, I'm going to go to Dubai and Monaco and live between the two.

You have to deal with that. My friend sold his company in the UK. It's a company everybody knows. And he, I remember him saying to me at the time, it was in the middle of a pandemic. He'd got this big exit event. I think he'd made 300 million. And he goes, I'm off. I go, where are you going? He goes, I'm going to go to Dubai and Monaco and live between the two.