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#unethicalOptimizationPrinciple paper now out in @royalsociety Open Science. Thanks to brilliant co-authors Heather Battey, Anthony Davison & Robert Mackay.
@DameWendyDBE gave us quote for press: "This is a really important paper. It shows that…
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royalsocietypublishing.org/d…
Appalling report from BBC about the dreadful conflict in Sudan. @KidsforKids has been helping people in Darfur for 25y & is a great way to support the people who have been suffering terribly.
bbc.co.uk/news/articles/c54g…
OpenAI trims valuation target by $150bn after FT story that their revenue run rate was overestimated by $20bnpa - which was knocked off the “front pages” by dropping 700 part-written maths papers. Hmm…
ft.com/content/bb564eb1-79d4… via @ft
“Beware Bessent’s tilt towards short-term debt”
VG by @gilliantett. And if a large proportion of Treasuries is held by hedge funds and “stablecoins” there could be very significant selling in a crisis. 🙁
ft.com/content/bf959a1a-1cd8… via @ft
Rolls-Royce nears taxpayer subsidy deal to develop new engine in UK
Good. One of the very few UK-listed firms that’s genuinely world-class in an important industry.
ft.com/content/b0d490eb-d136… via @ft
The fudamental problem is that AI inherently destabilises the equilibria in cybersecurity. Using AI for cyberdefence is necessary but not sufficient - we also need to move towards formally verified systems.
thetimes.com/comment/the-tim…
Here is the detailed report from OpenAI
alignment.openai.com/misalig…
“OpenAI ‘agents’ disabled company’s monitoring systems”
Unethical Optimization in action.
ft.com/content/45fbf130-f82c… via @ft
A pre-Budget day guide to Britain’s bad taxes ft.com/content/2b772a7f-a4ef… from @TimHarford
Abolishing all VAT loopholes & reducing the rate would be a good start - though lots more needed.
Hmm. Major unexpectedly won a GE with the largest number of votes in our history to date, and then basically fixed the economy. So his approach worked pretty well.
thetimes.com/comment/columni…
“Law firms and hedge funds restructure to avoid major tax bills after landmark ruling”
Any restructuring should be accompanied by a substantial payment of back taxes and interest.
ft.com/content/a9c9faad-7fd3… via @ft
“To replace Starlink, Europe will have to reawaken its animal spirits.”
Y, but the goal isn’t to catch up with SpaceX in terms of number or cost of satellites - it is to provide a usable military alternative
ft.com/content/dcf3d157-de7d… via @ft
The role of dynamism in economic growth isn’t appreciated widely enough. If everything has to be done really slowly growth stagnates. Another reason we need to boost Uk Private Sector investment in & by innovative UK Scaleups by c£10bn.
ft.com/content/8c0ea73d-dc44… via @ft
