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IT industry has great export potential but is compelled to keep its dollars abroad. IT companies have to pay salaries of their international employees placed with foreign clients, and incur monthly expenses for cloud hosting, marketing and sales on platforms like Google, Amazon, Azure, LinkedIn etc. We worked with...

50,583 Aufrufe • vor 2 Jahren •via X (Twitter)

9 Kommentare

Profilbild von InKhaniteDreams
InKhaniteDreamsvor 2 Jahren

You are illegitimate and expired Minister. Your sole job is to get the elections done, thats it!

Profilbild von Mateen Ali
Mateen Alivor 2 Jahren

It is, but when government specially caretaker, shut down the internet, restrict wide range or slow down internet due to political gains the no one would be interested in Pakistan despite knowing the growth potential and youth interest in IT industry. Till date we are waiting of investigation report of recent internet disruption for 8hours and can’t move forward without fixing these 🤡 @elonmusk @AlibabaGroup @BillGates @PayPal

Profilbild von Muhammad Q. Aslam
Muhammad Q. Aslamvor 2 Jahren

when I went to Bank to open such account, they said there is nothing on paper yet, they can not open such account.. please make this a reality

Profilbild von Ali Abbas
Ali Abbasvor 2 Jahren

Performance ZERO Show off 100% That's PMLn for you.

Profilbild von By the way
By the wayvor 2 Jahren

But your job is to hold elections and go home.

Profilbild von Umme Hareem
Umme Hareemvor 2 Jahren

apni bkwas bnd rakh jahil PTI kay jalsay pe internet band kr dia thaa or aya h IT exports barhany...

Profilbild von Voice Of Youth
Voice Of Youthvor 2 Jahren

وطن فروش کرپٹ انسان

Profilbild von Shahid Hassan Nasir
Shahid Hassan Nasirvor 2 Jahren

The reason you came was to make the business you've started shine. Dil Ka Rishta Scientist – your work is done, now please get out of sight.

Profilbild von waseem javed
waseem javedvor 2 Jahren

1. Full retention should be allowed. IT remittances will increase manifolds. 2. Advertising of products is still difficult, with upto 9.5% additional costs in different taxes and currency rate adjustments. 3. Banks have not issued FE08 Debit cards yet.

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THIS IS ABSOLUTELY RIDICULOUS. OpenAI and Anthropic are losing money on every dollar they make. OpenAI generated $20 billion in revenue in 2025 and is projected to lose $14 billion in the same year. Internal forecasts project cumulative losses hitting $44 billion by 2028. The company's own CFO warned executives in April 2026 that OpenAI might struggle to finance upcoming computing deals if revenue growth slows. Anthropic reached $4.3 billion in annualized revenue in April 2026 against $19 billion in total costs. It spends $3 to make $1, and is not expected to stop burning cash until 2027. Now look at what these two companies have committed to spend. OpenAI and Anthropic together have committed $1.05 trillion in cloud spending to Microsoft, Oracle, Google and Amazon, making up 43 to 54% of each provider's entire future revenue backlog. - Microsoft: $627B total backlog. OpenAI and Anthropic account for 49%. - Oracle: $553B total backlog. OpenAI alone accounts for 54%. - Google: $467.6B total backlog. Anthropic accounts for 43%. - Amazon: $464B total backlog. OpenAI and Anthropic account for 51%. The entire cloud industry's future revenue is a bet on two companies losing billions every quarter. Microsoft, Alphabet, Meta and Amazon are collectively expected to spend $725 billion in capex in 2026, almost entirely on AI infrastructure. Combined hyperscaler capex from 2025 to 2027 is projected at $1.15 trillion, more than double what was spent from 2022 to 2024. What is the return on all of this? McKinsey's 2025 State of AI survey found that only a minority of companies reported AI meaningfully increased revenue or reduced costs. Enterprise generative AI spending grew from $1.7 billion in 2023 to $37 billion in 2025 and most CIOs still describe their initiatives as pilots without clear ROI metrics. Microsoft's AI business is running at a $37 billion annual revenue run rate with 123% year over year growth. That sounds impressive until you realize most of the capex funding is justified by expected future AI revenue rather than current AI profit. The internet burned money for years before it became the most profitable industry in history. But right now $1 trillion in committed cloud spend, $725 billion in annual capex, two loss-making customers making up half of every major cloud provider's revenue backlog, and the enterprises writing the checks cannot tell you if any of it is working.

Crypto Rover

58,862 Aufrufe • vor 2 Monaten

Big Tech just ran out of money building AI and what they're doing to cover it up should be illegal. Google, Amazon, Microsoft, and Meta are spending a combined $700 BILLION this year on AI infrastructure. This eats up 94% of their total operating cash flow. The richest companies in human history are almost broke. And instead of slowing down, they're covering it up with the biggest financial engineering operation since 2008: Google just sold $80 billion in stock to fund AI infrastructure. That was their first equity raise in 20 YEARS. The last time Google needed to sell stock, YouTube didn't even exist. Sundar Pichai admitted the thing keeping him up at night is "compute capacity." The company that prints $100 billion a year in ad revenue just told Wall Street it isn't enough anymore. Amazon's free cash flow is projected to go NEGATIVE this year for the first time ever. Morgan Stanley estimates a $17 billion deficit and Bank of America says $28 billion. The most profitable logistics machine on Earth is about to burn more cash than it generates, and they quietly filed with the SEC saying they may need to raise even more debt and equity to keep building. All four hyperscalers are now borrowing hundreds of billions in bonds to keep the AI buildout alive. These were the most cash-rich companies in human history, and they're leveraging themselves to the teeth to build infrastructure that nobody has proven will generate enough revenue to pay for itself. And the cracks are already starting to show: Broadcom makes the custom AI chips that power Google, Meta, OpenAI, and Anthropic. This week their AI revenue TRIPLED year over year, sales grew 48%, and profits smashed every Wall Street estimate. The reward for all of that was $320 billion in value erased in a single trading session. Their CEO Hock Tan went on the earnings call and exposed three things about the AI industry: Google is already shopping for cheaper AI chip alternatives, broadcom abandoned its strategy of selling complete AI systems and is now retreating to selling bare chips at lower margins. And despite supposedly "unprecedented demand," Tan refused to raise his full-year forecast, which tells you everything about what he's actually seeing behind the curtain. Wall Street heard all three and hit the sell button so hard it dragged AMD, Intel, and the entire chip sector down with it. When a company triples its AI revenue and gets punished because tripling isn't fast enough, the expectations have left the atmosphere entirely. And here's the really scary part... These companies ARE your retirement account. Apple, Microsoft, Amazon, Google, Meta, and Nvidia make up roughly 30% of the S&P 500. If you have a 401k or an index fund, you are already exposed to this bet whether you chose to be or not. Every single one of these companies is telling you AI will generate trillions in revenue. But right now the math says they're spending trillions FIRST and hoping the revenue shows up later. If the revenue catches up, this becomes the greatest infrastructure buildout in human history. Bigger than railroads and bigger than the internet. If it doesn't, the companies that make up a third of the American stock market just leveraged their balance sheets into the largest write-down cycle since 2000. And unlike the dot-com crash, this time the bubble companies aren't random startups with no revenue. They're the backbone of the entire global economy.

Ricardo

227,571 Aufrufe • vor 1 Monat

Wow! Talk about WASTE, FRAUD, AND ABUSE! 🚨The board of Directors for the Export-Import Bank of the United States is having a meeting on Thursday, 3/13/25 to vote on whether they will approve nearly $5 BILLION in US taxpayer dollars to be sent overseas to AFRICA to fund an LNG Energy project in competition with the Trump prioritized LNG project in Alaska!!🚨 France’s largest energy company, Total Energies TotalEnergies, is pursuing $5 billion of American taxpayer funds from the U.S. Export-Import Bank for its Liquefied Natural Gas (LNG) project located in Mozambique, a third world country in East Africa that is plagued by Islamic terrorism and massive electoral unrest. This project will directly compete with the LNG Industry in the U.S., especially Alaska LNG which is a TOP Energy priority from President Trump. The US is the largest LNG exporter in the world. On January 20th, 2025, President Donald J. Trump signed an executive order titled UNLEASHING ALASKA’S EXTRAORDINARY RESOURCE POTENTIAL, in which he said he was ordering the US to “prioritize the development of Alaska’s LNG potential, including the permitting of all necessary pipeline and export infrastructure related to the Alaska LNG Project, giving due consideration to the economic and national security benefits associated with such development.” Instead of supporting President Trump's domestic energy dominance agenda, the ExIm Bank U.S. Export-Import Bank is sending our tax dollars to foreign competitors. In practice, the ExIm Bank finances investments by big businesses that primarily benefit foreign companies and governments, much like USAID. U.S. taxpayer dollars should NOT fund a foreign-based and foreign-owned energy project that would be a direct competition with American energy producers, sending the economic wealth from those projects overseas. We can’t allow for $5 BILLION of our US tax dollars to be used to fund the LNG project in Mozambique. Let’s invest into US based LNG projects. No more America Last energy polices! AMERICA FIRST! Donald J. Trump Elon Musk Secretary Doug Burgum Chris Wright JD Vance

Laura Loomer

515,139 Aufrufe • vor 1 Jahr

We weren’t even sure a Budget would be handed down this year, but we already had a fair idea of what would be in it: • a return to deficit on the back of increased spending • increasing debt • election sweeteners and election traps, and • no genuine spending or tax reform. Jim Chalmers – the Treasurer who has never run a business or been employed in the private sector his entire life – has delivered exactly what we expected. Government spending has increased to 786 billion dollars. Gross debt is now over a trillion dollars, rising to 1.2 trillion in just three years. There’s some sweeteners, like more energy rebate money. There’s an election trap for the Coalition: a tax cut worth less than a cup of coffee a week that will still cost the Budget 17 billion dollars. There’s no attempt at genuine spending reform, no waste-cutting, and no tax reform. It’s just more of the same, digging Australia deeper into an abyss, with no attempt to address the causes of our housing and cost-of-living crises. There’s very little to address our growing deficiencies in defence. There’s heaps of exclusive funding for indigenous corporations, again with no accountability for closing the gaps. There’s not much in the way of new infrastructure funding, and nothing for true nation-building. There is no provision for paying off our increasing debt. In summary, it’s just another big-spending Labor Budget that squibs the opportunity for real reform. It’s disappointing, but predictable. It’s time for some real change. It’s time for One Nation’s plan. One Nation’s plan focuses on spending reform that is urgently needed and long overdue. It’s spending reform that is now beyond the capabilities of Labor and the Coalition. The last time we had a glimmer of responsible economic managment was during the Howard years. By 2006, Australia’s net debt had been virtually eliminated by the Howard Government. After that, we had six years of Labor with Wayne Swan and his constant promises of a surplus that were never realised and Australia was another 270 billion dollars in net debt. Then we had nine consecutive Budgets under the Coalition beginning in 2014. It’s worth having a look at the overview for that Budget handed down 10 years ago, when government spending totalled 415 billion dollars. Joe Hockey said that government debt was projected to be 389 billion dollars in 2023-24, and that from the following year we would have surpluses up to 1% of GDP. It didn’t work out that way. Their modelling never does. In the Coalition’s last Budget in 2022-23, government expenses reached 628.5 billion dollars. So much for the Coalition’s claim to be responsible economic managers. And then came the Albanese Labor government, also with the claim to be responsible economic managers. What a complete joke that claim has turned out to be. Spending has now reached 785.7 billion dollars. Gross debt is now over a trillion dollars. It’s a massive figure – one followed by 12 zeroes. That’s a thousand billion, or a million times a million. It’s critical that Australian voters understand this. Labor and the Coalition have collectively borrowed more than a trillion dollars in fewer than 20 years because they are incapable of running Australia within its means. If you ran your household their way, you would lose your house. If you ran your business their way, you would lose your business. Why do Australians keep voting for Labor and the Coalition when they run our country this way? Labor has added another 63 billion dollars of spending in just the past three months. So much of our money has been wasted by these so-called parties of government. One Nation’s policy puts this waste in the bin where it belongs. We will slash wasteful government spending by 90 billion dollars. The first cab off the rank will be the climate change scam. At its most basic, this is a joint policy of Labor and the Coalition to spend taxpayers’ money to make our electricity more expensive. Rising electricity bills have been the only outcome of their collective net-zero madness. Global emissions continue to rise every year because no matter what the major parties tell you, nothing this country can do will make any difference on a planetary scale. We are crippling our own economy, and forcing families into poverty and homelessness, for no environmental benefit to anyone. One Nation’s plan is to abolish the Department of Climate Change and related agencies and programs, saving at least 30 billion dollars a year. We’ll stop subsidising uneconomic renewables and make them compete on a level playing field with cheaper, more reliable energy from coal and gas. We anticipate this will save Australian households and businesses at least 20% on their electricity bills. One Nation’s plan includes the abolition of the National Indigenous Australians Agency, saving 4.5 billion dollars, and an audit of the entire aboriginal industry. This industry has been an absolute failure in closing the gap. It is rife with fraud, corruption and nepotism which prevents indigenous Australians in genuine need receiving assistance while enriching those who need none. We expect to save another eight billion dollars in useless indigenous grants funding. One Nation’s policy goes much farther, and will put an end to unwarranted race-based privilege in Australia. Australians overwhelmingly rejected race-based privilege at the voice to Parliament referendum in 2023. Equal rights for all, and special rights for none, is the only fair approach in a free representative democracy. Under One Nation’s policies no indigenous Australian in genuine need will miss out on assistance, but they will have no more assistance than anyone else in genuine need. You don’t close the gaps by treating Australians differently. You close the gaps by treating all Australians the same, and holding everyone to the same standards. We’re going to dismantle this culture of unwarranted entitlement, naked greed and racial hatred. One Nation’s plan includes restoring the National Disability Insurance Scheme to its original purpose: providing only reasonable and necessary support to Australians with a disability. We support the NDIS and want to ensure it survives. We will review eligibility, introduce means-testing, reduce unsustainable pay rates, and crack down on fraud. One Nation’s plan also includes withdrawing Australia from a range of international bodies and agreements that do not work in Australia’s interests. We must get out of the Paris Agreement. We must withdraw from the World Health Organisation, the World Economic Forum and the International Criminal Court. And we must withdraw from the United Nations and the UN Convention on Refugees. The UN has mutated beyond recognition. It has become a haven and a platform for the worst regimes in the world, legitimising terrorist states, theocracies and dictatorships. It no longer works in Australia’s interests, so there’s no compelling reason to remain part of it. We expect to save at least one billion dollars by getting out of these organisations. We also expect at least another three billion dollars in savings by reducing and redirecting Australia’s foreign aid. Australia must get its own house in order before giving away money to anyone else. We must put Australians first. We will abolish the Therapeutic Goods Administration and roll its essential functions into the Department of Health. We’ll also review about three billion dollars worth of medicines put on the Pharmaceutical Benefits Scheme during the COVID-19 pandemic. One Nation’s plan includes privatising the SBS. There’s no longer any need for taxpayers to fund the SBS. We have the internet now, providing anyone in Australia with the ability to access programming in their language from virtually anywhere. One Nation’s plan also includes getting rid of most of the ABC. There is a case for taxpayers to fund ABC services in Australian markets where commercial media will not operate, as a broadcaster of last resort. There is no longer any compelling case for taxpayers to fund the ABC in larger markets already saturated with media services. If people in these markets want ABC services then they can pay for them, not taxpayers. We expect to save more than a billion dollars from this measure. Our only revenue measure is something else that is long overdue: getting a fair return for our natural gas resources. One Nation’s plan includes raising an additional 13 billion dollars by charging levies at the point of extraction instead of on profits. We will also create a national domestic gas reserve so that Australia no longer faces energy shortages thanks to Labor’s reckless obsession with renewables. By slashing 90 billion dollars in government waste, One Nation liberates resources to pay down Federal debt, invest in nation-building infrastructure and put 40 billion dollars back in Australians’ pockets. One Nation will implement a range of cost-of-living and tax relief measures. These include: • halving the fuel excise to 26 cents per litre for at least 12 months, with an option to extend; • eliminating the excise on alcohol served in hospitality venues; • freezing the increases in the alcohol excise that occur twice a year, and reviewing the excise regime entirely; • exempting insurance premiums from the GST; • allowing couples with at least one dependent child to split incomes and file joint tax returns, saving these families thousands of dollars in tax; • allowing aged and veteran pensioners to earn money working without affecting their pensions; and • lifting the tax-free threshold to 35 thousand dollars for self-funded retirees. Our plan includes additional elements that will put more money back in Australians’ pockets. We’ll crack down on Medicare fraud – estimated to be up to three billion dollars a year – and after a comprehensive review, implement practical measures to improve bulk-billing rates and keep more GPs in the system. One Nation will improve home affordability by exempting basic building materials from the GST for the next five years, for homes valued up to one million dollars. This will also reduce the risk of building and construction companies collapsing. It’s part of our overall policy to address Labor’s housing crisis. With a policy now weakly copied by the major parties, One Nation will ban foreign ownership of residential property to increase housing supply for Australians. To improve affordability, we will also enable superannuation funds to invest part of an individual’s super as equity in the individual’s primary residence. It’s another policy weakly copied by the Coalition but unlike their policy, our policy leaves an individual’s super balance intact. One Nation’s immigration policy will also have a big impact on Labor’s housing crisis. One Nation will cap immigration at 130,000 per year for all visa categories – including foreign students – to substantially reduce housing demand. This represents an effective reduction of 570,000 people a year. High immigration is costing taxpayers; it is not benefitting the economy. It is driving up inflation through high rents and – perversely for a Labor government obsessed with net zero – driving up Australia’s emissions. It is increasing congestion in our cities and impacting on public services. And mainly, it’s driving unprecedented demand for housing. This is forcing more Australians into mortgage stress, rental insecurity and homelessness. It has to stop, and One Nation has the policy that will stop it. We’re the only party with an immigration policy that meets the expectations of the majority of Australians. One Nation is also backing Australia’s farmers in Labor’s undeclared war on the sector. We’ll reverse the ban on live sheep exports. We’ll restore balance to the Murray Darling Basin Plan and let irrigators keep their water. We’ll reduce their energy costs, built more efficient paths to export their produce, and look at better protections against cheap food inports. We’ll also protect farmers’ land and water from foreign ownership. One Nation will also invest in Australia’s future with some real nation-building infrastructure. This includes the Hells Gate Dam in Townsville, scrapped by Labor two years ago, and other water security projects. It includes building on the Inland Rail Project to develop a national rail circuit for freight and passengers. It includes developing a world-class export and import container hub at the Port of Gladstone. It most definitely does not include even one more wind turbine, but we will support low-emissions coal, gas and nuclear energy to power Australia’s future more cheaply and reliably. One Nation is advocating the policies that elevate the interests of Australians over special interests, foreign interests and harmful ideologies. We’re advocating the policies that Australians want. We’re advocating sensible policies that are now being copied by Labor and the Coalition: banning foreign ownership of housing, nuclear energy, cutting alcohol taxes, accessing super to improve home affordability, and auditing the aboriginal industry. One Nation will put 40 billion dollars back in Australians’ pockets, and we’ll fix the causes of the rising cost of living: renewables, high immigration and reckless Labor government spending. One Nation wants to protect our way of life, protect our standard of living, and ensure a prosperous and secure Australian nation – and we’ll do it without imposing more costs and burdens on future generations. Unlike anyone else contesting this election, One Nation’s plan puts Australia and Australians first so make sure you put us first on your ballot paper at this election.

Pauline Hanson 🇦🇺

19,738 Aufrufe • vor 1 Jahr