Big P retweeted
The Ultimate Status Flex: Countersignaling
Very successful people can often engage in counter-signaling, or doing things that look low status but don’t hurt their status the way they would for most others.
Here’s an example from the advertising executive Rory Sutherland. If you work at Pizza Hut and ride a bike to work, it’s probably because you can’t afford a car. It’s a necessity.
But if you’re a top executive and ride a bike to work, it’s a high-status activity because it’s a choice.
In the simplified model, low status is riding a bike to work. Medium status is driving an expensive car to work. High status is riding a bike to work.
You can see this with restaurant menus too.
Cheap fast food restaurant menu: “Hamburger”
Mid-tier chain restaurant: “Wood-fired sizzled USDA grade beef on our house made sesame bun”
Upscale chic restaurant: “Hamburger”
Counter-signaling, whether it’s the CEO on a bicycle or the upscale restaurant with a minimalist menu, is an expression of confidence. Of feeling secure in one’s position.
A study found that PhD students at lower-ranked universities used more complex language in their dissertation titles. Students at higher-ranked universities used simpler language. It’s as if they’re saying they have little need to impress you with a sophisticated title. They already study at an elite program and have nothing to prove.
At some universities, they reserve parking spots for Nobel Prize winners. You’re more likely to see a basic sedan or a 15-year-old beater parked there than a luxury car. “I won a Nobel prize, I don’t need to impress anyone with how expensive my car is. I’m too busy advancing the limits of our knowledge.”
Big P retweeted
Posting in 2030:
I am trading cans of beans for ammunition. Also will swap solar panels for a Starlink. Please no offers in dollars or quantum-vulnerable crypto.
Big P retweeted
I'm starting to sense a divide in the tech industry:
- People thriving on autonomy who are reinventing how they work and what tools they use with AI: LOTS of work, but they're enjoying it and getting very efficient
- People used to being mentored / trained / or simply told what to do and how. Frustrated with the lack of guidance from management on what to do with AI; also frustrated by seeing some of their peers thriving; increasingly bitter about AI and the state of the industry, as a whole
Neither group seems to be aware that there's another group, or have empathy for the other group
Big P retweeted
An increase to ÂŁ13.20p/h equates to a minimum wage of ÂŁ27,456, based on a 40 hour week.
Once you factor in employers NI and basic pension contributions, the MINIMUM cost to hire a 21 year old for a company would be ÂŁ31,461.
This is before you factor in any overarching business costs like office space, laptops, phone, software, training, support staff, vehicles etc.
This is going to be devastating to SME's who cant put together a simple 12 month budget without the goalposts being moved & their margins squeezed.
It'll also be catastrophic to youngsters opportunities because businesses will simply not be able to afford to hire them.
What's also incredible is that anything above ÂŁ50,270 is seen as 'high earnings' in the UK and is taxed at 40%!
We are governed by financially and economically illiterate morons.
This will not end well.
Big P retweeted
Back in 2010, the minimum wage was ÂŁ12,064 and the 'higher earner' band started at ÂŁ43,875.
You only paid 40% tax once you were earning 3.6x the minimum wage.
There was clear incentive to progress, learn and aspire for more.
As things stand, you now start paying 40% tax once you earn ÂŁ50,270 which is just 1.83x the minimum wage.
If it was the same multiple as 2010, the 'higher earning' band would be ÂŁ98,841 and everyone below this amount would be paying 20%.
Someone on ÂŁ98,841 is effectively losing out on ÂŁ9714.20 net per year if the bandings had simply moved in line with previous multiples relative to minimum wage.
This is one of the reasons why the middle class is being eroded and why there's a cost of living crisis in the UK.
An increase to ÂŁ13.20p/h equates to a minimum wage of ÂŁ27,456, based on a 40 hour week.
Once you factor in employers NI and basic pension contributions, the MINIMUM cost to hire a 21 year old for a company would be ÂŁ31,461.
This is before you factor in any overarching business costs like office space, laptops, phone, software, training, support staff, vehicles etc.
This is going to be devastating to SME's who cant put together a simple 12 month budget without the goalposts being moved & their margins squeezed.
It'll also be catastrophic to youngsters opportunities because businesses will simply not be able to afford to hire them.
What's also incredible is that anything above ÂŁ50,270 is seen as 'high earnings' in the UK and is taxed at 40%!
We are governed by financially and economically illiterate morons.
This will not end well.
Big P retweeted
Broke people are obsessed with consuming information.
Rich people are obsessed with getting sh*t done.
Big P retweeted
Unfortunately, talent and intelligence are overrated. The worst prison in the world is having the talent and intelligence to achieve something great but lacking the courage to go out and do it.
Big P retweeted
Replying to @Empty_America
I am 27 and you are onto something actually. By 27 - 29, there is no longer potential, only results or atleast a visible path to those results.
You can feel "youth" leaving you. I dont know how to describe it but those how know, know it.
Big P retweeted
AI allows people with good ideas and initiative to get ahead. That’s exactly why some people hate it.






















