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ARM: Can 'crown jewel' of UK technology be protected?

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Re: ARM: Can 'crown jewel' of UK technology be protected?

#31

Earlier quoted context omitted.

I'm not so sure UK politicians would know what to do with a complicated tech company.

The answer is leave it the f___ alone. Why do people think politicians need to do anything?

Because we live in a world where governments use their power to prop up certain companies, giving them a competitive advantage.

Re: ARM: Can 'crown jewel' of UK technology be protected?

#32
post #7

Earlier quoted context omitted.

To add to this comment(might be biased as I live and work in the UK): salaries here are just not on the USA level, while costs of items are the same, if not higher(check Apple products price difference on the official website, clothing etc). For many of high demand engineers the choice is London/Manchester or move to the USA

Like most tech people I know in the UK, I've worked for North American companies my whole career. I'd love to work for a UK company and support investment in the UK more, but the pay and working conditions just aren't even remotely competitive (how crazy does that sound, saying I have to go to North American companies to get better working conditions but it's true.) Thankfully more and more let you work remotely from…

>how crazy does that sound, saying I have to go to North American companies to get better working conditions but it's true

Same for my time in Germany. I got way better working conditions(not talking about money) working for US companies who had offices there than for German ones.

Re: ARM: Can 'crown jewel' of UK technology be protected?

#33
post #21
post #7

Earlier quoted context omitted.

To add to this comment(might be biased as I live and work in the UK): salaries here are just not on the USA level, while costs of items are the same, if not higher(check Apple products price difference on the official website, clothing etc). For many of high demand engineers the choice is London/Manchester or move to the USA

What about health care costs. Education costs. Amount of vacation time. Pension.

Not sure if your comment is asking about those things or implying that what I said is incorrect.

Healthcare costs: I personally do not have experience with USA healthcare system. In terms of UK healthcare system I have mixed feelings: key reasons(short list):

1) While it's free, getting many basic things(like blood, urine tests, ultrasound scan) is complicated if you have no symptoms. It's much cheaper and better for the health to treat things at the earliest stage possible and it's not always easy to do so in the UK, even with some private health insurance.

2) Relatively long waiting times for procedures, A&E[1] etc

3) Biased(and potentially selfish) reason: healthcare costs need to be looked both in terms of general population and personal level. If you are healthy and young your chances of using healthcare services are lower.

Education: can't comment as haven't studied in the USA and people from outside of the UK(me) had to pay tuition fees in the UK

Vacation(I might be wrong on this one): from my understanding speaking to some tech working from the USA, amount of days is only 5-10 days lower than than of the UK for many tech companies.

Above does not mean UK is better or worse than USA, I love it here, I love British countryside,it is majestic! [1] https://www.nhs.uk/using-the-nhs/nhs-services/urgent-and-eme.... [EDIT] First sentence replaced "what I wrong is incorrect" with "what I said is incorrect" and added some commas

Re: ARM: Can 'crown jewel' of UK technology be protected?

#34
post #7

Earlier quoted context omitted.

To add to this comment(might be biased as I live and work in the UK): salaries here are just not on the USA level, while costs of items are the same, if not higher(check Apple products price difference on the official website, clothing etc). For many of high demand engineers the choice is London/Manchester or move to the USA

LOL, that's rich, engineers in the UK feeling underpaid when you have the best market for SW engineers in Europe(London). Wanna see underpaid? Come to Austria.

I haven't been to Austria but numbeo seems to suggest what you say is incorrect on majority if not most of parameters https://www.numbeo.com/cost-of-living/compare_cities.jsp?cou...

Re: ARM: Can 'crown jewel' of UK technology be protected?

#35

Earlier quoted context omitted.

One problem I have with Cambridge is that, IMO, it's a small island in the middle of nowhere, which has to limit its attractiveness at some point. Sure, there is a fast-ish train link to London but Cambridge itself is quite small and there is close to nothing at all around it. Edit: Sorry guys! Obviously many people from Cambridge here.

I live in (or near) Cambridge and it is rubbish. It's different if you went to Cambridge University, though. A lot more doors are open for you. But it's far too expensive to live in so most people live miles away and do a horrible commute every day involving crawling traffic and general anger and frustration.

I don't live in the UK but I know that feeling of living in a small but wealthy European college town. It looks nice in photos but job opportunities are scarce for those who aren't doctorate alumni of the local university and also rents are expensive, there's no subway so everyone is bumper to bumper in cars.

Re: ARM: Can 'crown jewel' of UK technology be protected?

#36
post #4

Hasn't the ship already sailed? It was sold to softbank and now NVidia? It seems a too late for this. edit: Get rid of little to late and change to too late.

Great Britain is now much more desperate. It needs to compete for market share and access to markets like a 3rd world country but without the associated cheap labour so high tech is one of the few anchors where Britain might have USP. But as you say with ARM that ship has sailed with the previous sale to SoftBank. The only chance to salvage some of the know how (not the IP) would be if these specialists could find si…

I don't know if any of those things are fundamental limitations.

Israel manages to run a thriving high-tech industry, despite not belonging to any currency or trading bloc. As a standalone economy, the Shekel has far less global standing and negotiation power than the Pound Sterling. Yet, Tel Aviv is probably the most successful tech center outside the US or China.

I think the biggest thing holding back the British tech sector is the country's harsh bankruptcy laws. The UK's creditor friendly laws discourages risk taking and startups, which are the necessary pre-conditions for tomorrows tech giants.

Re: ARM: Can 'crown jewel' of UK technology be protected?

#37
post #7

Earlier quoted context omitted.

To add to this comment(might be biased as I live and work in the UK): salaries here are just not on the USA level, while costs of items are the same, if not higher(check Apple products price difference on the official website, clothing etc). For many of high demand engineers the choice is London/Manchester or move to the USA

Like most tech people I know in the UK, I've worked for North American companies my whole career. I'd love to work for a UK company and support investment in the UK more, but the pay and working conditions just aren't even remotely competitive (how crazy does that sound, saying I have to go to North American companies to get better working conditions but it's true.) Thankfully more and more let you work remotely from…

> I'd love to work for a UK company and support investment in the UK more, but the pay and working conditions just aren't competitive (how crazy does that sound, saying I have to go to North American companies to get better working conditions but it's true.)

Why is that crazy ? From what I've seen the standard of living in the US is actually really good if you're a skilled professional in a high demand field and the labor market is more competitive - better than the EU IMO.

Which is why I'm not sure why I see so much US negative comments around here and this smug EU stance - like just recently I heard from two former coworkers that got a job at similar role/experience level one in Munich and one in Chicago - the guy that went to Chicago got 60% higher salary and his cost of living is roughly similar (didn't go in details TBH).

Also on a personal and cultural level I prefer working with Americans - with Europeans there's so much posturing and pretending to be professional and formal (with skills usually lacking).

Re: ARM: Can 'crown jewel' of UK technology be protected?

#38
post #30

I'm very confused. We sold this to the Japanese already!

Yeah, I'm confused as well. SoftBank could have done things the UK didn't like. They've owned ARM since mid 2016.

Probably a couple reasons why it's coming up now. First the Japanese have a pretty good reputation as owners of UK businesses, they own quite a few Scotch distilleries and impressions are they manage things well.

Second, I think the world feels a lot more protectionist nowadays vs when the original buyout happened. I know it wasn't that long ago but the trade war tariffs between the US and China sort of set the tone.

Re: ARM: Can 'crown jewel' of UK technology be protected?

#39

Earlier quoted context omitted.

Like most tech people I know in the UK, I've worked for North American companies my whole career. I'd love to work for a UK company and support investment in the UK more, but the pay and working conditions just aren't even remotely competitive (how crazy does that sound, saying I have to go to North American companies to get better working conditions but it's true.) Thankfully more and more let you work remotely from…

> I'd love to work for a UK company and support investment in the UK more, but the pay and working conditions just aren't competitive (how crazy does that sound, saying I have to go to North American companies to get better working conditions but it's true.) Why is that crazy ? From what I've seen the standard of living in the US is actually really good if you're a skilled professional in a high demand field and the…

> Why is that crazy ?

Because people think the big benefit of being at a European company that balances the worse pay is more vacation, more reasonable working hours, better work-life balance, working autonomy.

But that's not true. It's the opposite.

I get far better vacation, working hours, work-life balance, working autonomy at North American companies. And better pay. So what's the benefit of working for a European company?

Re: ARM: Can 'crown jewel' of UK technology be protected?

#40

Earlier quoted context omitted.

Like most tech people I know in the UK, I've worked for North American companies my whole career. I'd love to work for a UK company and support investment in the UK more, but the pay and working conditions just aren't even remotely competitive (how crazy does that sound, saying I have to go to North American companies to get better working conditions but it's true.) Thankfully more and more let you work remotely from…

> I'd love to work for a UK company and support investment in the UK more, but the pay and working conditions just aren't competitive (how crazy does that sound, saying I have to go to North American companies to get better working conditions but it's true.) Why is that crazy ? From what I've seen the standard of living in the US is actually really good if you're a skilled professional in a high demand field and the…

> Which is why I'm not sure why I see so much US negative comments around here and this smug EU stance

Because not only the (relatively) rich matter.

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