@CaveMum I have exactly the same concerns on the AI investment - ok we get some jobs but all the power resides stateside, and meanwhile they’ll sell their AI tools here and uk jobs in other sectors will get cut due to these AI efficiencies.
it looks like once again it’s a defeatist strategy of ‘we’ve lost the tech race, let’s hang onto their coattails as we can’t compete with US AI’.
i’m mulling over whether that really is the best we could do in this space and that’s the reality that we’re tied to the US vs China fight for AI supremacy. This could be a deal that hastens mass AI related job loss.
and as for the gambling taxes - yet another poorly thought put tax grab against a group Labour think is ‘deserving’ - I don’t accept the premise that they need to make the tax burden more complex at all when fundamental reforms and simplifications are needed to allow growth.