Thomas Carter-Thompson

@TailosiveEV I think the use of “scale” is ambiguous; but i think its more so meant as cannot scale to a generalized solution. However, there are a ridiculous amount of potential rides they can offer in just some of the world’s largest cities; so from that POV they’ll definitely scale.

You gotta admit the whole “Waymo’s approach doesn’t scale well” argument is looking weaker and weaker

@tobi I do think there is some fear-mongering going on as well though, acting as if outliers are the norm. I agree, there should be concerns though. For what it’s worth I believe 95% of those MAID deaths are the terminal track.

This should cause a lot more questions in Canada. My sense is that almost no one knows about this here?

@RomanFisher__ on the Carney point he’s clearly waffling; although it’s a disingenuous point as he’s trying to add some nuance while being interrupted and asked to boil it down to a yes or no. I like Carney and Pierre for different reasons, but boil that clip down to politics. Nothing more.

@RomanFisher__ I guess where I see the issue breaking down into a bit of a fallacy is the idea that it’s better for the Chinese people for Brookfield not to do business there. Thats just not true. If you believe that there is some moral superiority of western society; it should be exported.

Zoinks!

@RomanFisher__ So doing business in geographic proximity to a government or another private business with shitty morale standards is bad? Even if the business in question is actually providing jobs to locals and in doing so is raising the health/safety standards as well as wages?

@TCT_73 Profit cannot come at the cost of perpetuating slave labour. I think that’s a pretty reasonable benchmark.

@KrisPatel99 People are gonna lose their minds hearing that Kris hahaha. You’re right though, its happened before and in a bear market it can get worse than that.

$META No one is going to want to hear this but... the likelihood of $META earnings multiples compressing to 10-12x is possible. The court case losses that happened the last 2 days are a big risk to $META's business model and could take years to litigate. Zuckerberg was seen speaking to multiple congressmen recently. My guess would be to create or support legislation that supports the strengthen of section 230 protections. x.com/mychaelschnell… That overhang is likely to impact what investors are willing to pay. This happened to Google during the search monopoly trials and multiples didnt re-expand until the situation was finally resolved.

@XavioMtl @jppl1979 @RomanFisher__ I said earlier Air Canada is a separate case, i think under their current agreement the CEO should probably be able to speak french. You then started discussing private companies more broadly, and then now have circled back to AC as if i disagreed?

@TCT_73 @jppl1979 @RomanFisher__ You sure about the "their own capital at risk" when we talk about Air Canada? Hmmm...

If you have to be bilingual to be considered a worthy C-suite executive in Canada, you’re going to push out many of the best candidates. Convince me I’m wrong. Quebec cannot demand concessions from Anglo Canada in perpetuity without giving something back in exchange. The asymmetry is unsustainable.

@RHPalmerston3 @RomanFisher__ Okay sir, to each their own.

It absolutely is not. This entire episode is an illustration of why Canada is an irretrievably broken country and has been for an extremely long time. Quebec is a province of thieves who exist basically to steal money and, in exchange, to keep the Liberals in power. That's been the deal since 1917, broken only a handful of times.

People seem to be confusing the fact that it would have been nice and proper for the CEO of Air Canada to make his condolences in French, and the notion that the federal government ought to force and coerce a private sector CEO to make statements in French.

@RHPalmerston3 @RomanFisher__ Thats the craziest response to what i said 😂 im sorry but you clearly have some separate opinions that are leaking into this one issue.

@TCT_73 @RomanFisher__ It is broader than it is. This is about the limitless entitlement of a province whose primary function in Confederation is to steal money from better provinces and then be ungrateful for it.

@XavioMtl @jppl1979 @RomanFisher__ I believe if an Indian man wants to put his hard earned money at risk to start an Indian spice store he should have every right to make good or bad business decisions. A french cafe in BC should be allowed to hire only french people, i don’t care it’s their capital at risk.

@TCT_73 @jppl1979 @RomanFisher__ So no, I don't think a private company should be able to do anything they want. You want to be only English, leave, Quebec will still stand. The idea you have to bend over for big corporation as if nobody would fill in the void... I do not believe you understand Quebec.

@RomanFisher__ @DominicCardy If they repeal it should it not come with a requirement to re-brand? Seeing as that was the primary reason for the inclusion of that condition

It should never have been a condition for AC to begin with. Are they a private company or not? These conditions were only needed in the first place because of the oligopoly artificially created by protectionist legislation. Repeal both the requirements on AC and the ban on foreign ownership. People can show their displeasure with various airlines by voting with their wallet. I feel like that’s entirely reasonable.

@RomanFisher__ @RitaKarakas I think people are calling you out on it, because every post you make is phrased as if you don’t know that information.

@RitaKarakas I understand that, but they shouldn’t be

Roman AC is bound by the Official Languages

@RomanFisher__ It’s not like the people taking it private had this as a surprise ten years after they made the deal. If they wanted they could have started their own air line under a different brand, instead they chose this path.

@RomanFisher__ I agree, but I think its worth actually empathizing with the other side and trying to understand. If you and I wanted to privatize Parks Canada and the government was willing, so long as we accepted a few conditions, shouldn’t that burden fall on the investors? To say yes or no?

@XavioMtl @jppl1979 @RomanFisher__ I dont know if you saw my other comments on this, but I understand the Air Canada situation and agree with it as that was the agreement that was made to take the brand private. I would add though that i believe regular, non special case private companies can do what they want.

@TCT_73 @jppl1979 @RomanFisher__ One question Thomas about Air Canada. The CEO will need to surround himself with english speaking cause he can’t communicate. It is based in Montreal. Do you believe there will be no discrimination on the hiring process? Noone close to him can only speak French, in Montreal.

@jppl1979 @RomanFisher__ Air canada is an exception, other private companies shouldnt be measured based on the amount of languages they speak 😂 im sorry but thats insane haha

@RomanFisher__ @TCT_73 Porter is an exemplary airline. Air Canada has been for years a problem child. They former number #2 speaks 4 languages and leads Air France KLM

@RomanFisher__ @jppl1979 Agreed, but just start the original post with that rather than trying to say this one company issue applies to our entire private sector. It’s hyperbolic statements like that that have our US neighbours thinking Canada is some backwards communist state haha.

@jppl1979 @TCT_73 All of those protections should be stripped away. They’re also ridiculous. I’d love foreign airlines to enter the market.

@RomanFisher__ @Matthew40397988 I agree, but I believe the agreement was made so that they could continue to use the crown corporation’s brand. The brand of a bilingual nation. Regardless, you were originally trying to say that this applies to all C-suites, your new stance is more sympathetic.

@Matthew40397988 @TCT_73 Laws can be ridiculous. Many are. That’s why we have a legislature that is constantly changing laws.