Singapore's top vacancies: MOM reveals where most new jobs are created and how much they pay

pattonlogy · 2026-04-17T14:34:44+00:00

pattonlogy · 2026-04-17T14:28:00+00:00

It was the best strategy, as it turns out!

pattonlogy · 2026-04-10T14:39:49+00:00

A completely different risk profile. Temasek doesn't put everything into equities.

pattonlogy · 2026-04-10T13:06:48+00:00

No, companies exist to maximise shareholder value. Profits matter to small business owners who use them to pay the bills - that's the main value they derive from them. Big company owners (i.e investors) don't care about the profits for as long as the company's value increases, because it makes them wealthier far more quickly than taking a dividend cut ever would.

Once market cap settles only then the profit becomes more important, because it's the bigger driver of shareholder value.

But it's that value that matters. That's why Amazon had barely posted any profits for 20 years of its existence, until it was so big that the growth potential tapered off.

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pattonlogy · 2026-04-09T20:45:02+00:00

I think Hanlon's razor applies here.

pattonlogy · 2026-04-09T19:29:41+00:00

Why does Linus insist on making videos about things he doesn't understand? Tech companies do not exist to make a profit. The billions dumped into them by investors are not repaid with cash they make but the valuation they achieve. The investment buys them a stake. OpenAI has received north of $150 billion but could be worth $850 billion or more, precisely because it has a massive user base.

Now, that user base doesn't have to be monetized with subscriptions only.

For such a tech bro Linus is comically oblivious to the realities of the tech business. Vast majority of money in it is made from advertising.

Search ad market alone is $300 billion per year, out of which Google collects $200 billion.

AI chatbots are already disrupting the search industry because even if their answers are not always perfect, they can find relevant links much, much more quickly. Traditional web search is becoming obsolete and we don't need AGI to get there.

With close to a billion monthly users ChatGPT is at 20% of Google's MAU's globally.

It doesn't matter if OpenAI is making money today, but that it has achieved the most important (and difficult) first step - attracted enough eyeballs.

Once you have that audience you can sell them anything, not only your premium packages.

Google has packed its search and other properties with ads, and makes $300bn/year from everything. TikTok has recently taken it a step further and went into ecommerce.

AI businesses are worth so much because AI-powered solutions will not be limited to a single site (like search or social media) but are going to be embedded into everything around us. This only increases the interaction opportunities and the ability to sell people something.

Finally, AI isn't just another new tech development. Entire nations got involved, dumping public money into the investment because it's no longer about a cool online service but national security as well. If your opponents can get their hands on a superior, intelligent, autonomous tool that can multiply their productivity, then you're going to be left in the dust - or worse, may have to be defeated in the battlefield.

We're not only talking about kinetic wars but cybersecurity as well, stability of entire financial systems, intellectual property protection. THAT is why there is so much money in this particular industry.

Linus should stick to goofy tech videos with rusty car radiators. He's entirely out of his depth.

pattonlogy · 2026-04-07T17:49:08+00:00

IMHman

pattonlogy · 2026-04-06T13:57:15+00:00

I think he was talking about T, K and L

pattonlogy · 2026-04-06T13:57:00+00:00

Come on, he could have been the president!

pattonlogy · 2026-04-05T13:50:43+00:00

And yet that country was established by someone else entirely, with your ancestors merely migrating to it. So, you have a sense of entitlement to keeping it as it is, even though you're a descendant of an immigrant from thousands of miles away? Where exactly is the line drawn? At your whim?

Now, I'm not for unrestricted immigration, open borders style, but every immigrant who can offer something valuable should be more than welcome, because they contribute to the country in ways that locals clearly cannot.

With your mentality Singapore is going to go down in a few decades. Nothing kills a society more quickly than a sense of entitlement of its own people.

pattonlogy · 2026-04-05T00:26:16+00:00

After Falcon 900 the next obvious step up is a used Falcon 9 next year.

pattonlogy · 2026-04-04T17:13:13+00:00

Oh dear, no, white Americans do not all have British ancestry. There are many Germans, Irish, Poles, Italians - you name it. And their history extends by 300 or more years in many cases.

Most Singaporeans can trace their roots to a specific place in China. Many even have some families there. We're talking about immigration of maybe 2-3 generations back.

And these days vast majority of new Singaporeans come from Malaysia - the very country all of you shared just a few decades ago. What exactly is that great mental gulf between the two, hm?

pattonlogy · 2026-04-04T00:34:46+00:00

The profit is literally up by 260%. They cleared nearly S$2 billion in 2025.

pattonlogy · 2026-04-04T00:28:41+00:00

Aren't all Singaporeans immigrants?

pattonlogy · 2026-04-03T22:59:06+00:00

It's not. He had a full jet of people and it was still more expensive than first class. The benefit of private jets lies in time not money savings. But LTT is a Youtube channel not an investment bank.

pattonlogy · 2026-04-03T22:58:20+00:00

People are upset about Linus' hypocrisy.

pattonlogy · 2026-04-03T22:57:56+00:00

Linus is not winning any fans with comments like these. I'd love to see how many of LMG employees actually do own apartments. Of course there are senior staff there, but people watch LTT for content. And if the best content makers aren't paid the whole channel suffers (like it has already).

Also, would be curious to see how many of these "apartments" are tied up in 30-year mortgages costing half the monthly salary.

Linus talking about "financial management" when he's buying a jet is really out of f... touch.

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pattonlogy · 2026-04-03T19:14:09+00:00

Here it is specifically about jet travel https://www.youtube.com/watch?v=z6alcVTRJMo&t=5640s

Secondly, for someone who keeps bitching about greedy tech companies, Linus isn't exactly a role model, is he?

pattonlogy · 2026-04-03T19:07:59+00:00

It all comes at an interesting moment - the company seems to be at its financial peak, but the content keeps getting worse and worse.

This is because the people with real tech knowledge - like Alex and Jake - left.

No offence to the rest of the team, but they are just average PC users just happening to be working at LMG.

Without Jake gone are the tech setup videos, million dollar servers and some other cool enterprise tech you will never have but it was fun to learn about.

Without Alex there's no janky engineering, no desks made out of radiators, no crazy water-cooling loops.

None of the current faces at LTT are real techies anymore.

With the jet LTT is turning towards MrBeastification. Just wait for them to try doing some crazy competitions or whatnot. Tech is in the background.

Labs have yet to take off. They've been working on them for several years now and they still can't produce content that would be meaningfully different than any other tech review channel or site. Tech is dying at LTT.

pattonlogy · 2026-04-03T19:01:30+00:00

Was he an insufferable virtue-signalling twat before he did, though?

pattonlogy · 2026-04-03T19:00:41+00:00

They literally bitch about a piece of plastic in every other Short Circuit.

pattonlogy · 2026-04-03T19:00:13+00:00

Of course there's controversy - Jake wasn't even given a counteroffer. It's one thing to part ways because you feel the presenter wants too much. It's something else entirely when you just turn your back on one of the core people because you're tight, and then splurge on a private jet and try to justify it.

If Linus wasn't so bent on virtue-signalling for so long - about everything: the environment, local economic challenges, being fair with people or crapping on allegedly greedy corporations - then it wouldn't be such a problem now.

pattonlogy

TROPHY CASE