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Do they have a reasonable enforcement mechanism? The problem with passing all these rules without a streamlined enforcement mechanism is that you chill development

Of course not. But do we say that Sam Altman is attracting all this money because he's a douche? I don't mind that conclusion. But I also don't think that that has a bigger influence than a state pension at 55, with an aging population, that needs to be funded through productivity, that in turn will be massively taxed, that in turn will make productive people leave for elsewhere.

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Fair enough. The Europeans get very upset when anyone tries to touch their pensions. That by itself makes me pish posh all their moral posturing against the US.

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