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Paul Langley

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by Paul Langley

paullangley.bsky.social
A 'told you so' moment for more than two decades of Social Science research into carbon offsets ...
johnhoganmorris.bsky.social
John Hogan Morris @johnhoganmorris.bsky.social · 1d
www.smithschool.ox.ac.uk/news/carbon-...
Carbon offsets have failed for 25 years, and most should be phased out - research
Academics at the University of Oxford and the University of Pennsylvania have conducted the most comprehensive review of evidence on the effectiveness on carbon offsetting to date and concluded the pr...
www.smithschool.ox.ac.uk
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by Paul Langley

paullangley.bsky.social
When your employer sends an email to staff titled "Call to arms"
a man in a suit and tie is standing in a doorway
ALT: a man in a suit and tie is standing in a doorway
media.tenor.com
1 1

by John Hogan — Reposted by Paul Langley

johnhoganmorris.bsky.social
www.smithschool.ox.ac.uk/news/carbon-...
Carbon offsets have failed for 25 years, and most should be phased out - research
Academics at the University of Oxford and the University of Pennsylvania have conducted the most comprehensive review of evidence on the effectiveness on carbon offsetting to date and concluded the pr...
www.smithschool.ox.ac.uk
1 4

by Paul Langley

paullangley.bsky.social
It was also polite to answer the phone and say your number, just in case the caller had misremembered or misdialled. More courteous times, too!
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by Paul Langley

paullangley.bsky.social
Sorry to be returning to this topic again, but the people at Adobe should stay in their lane. The integration of AI into reading and writing software for pdf documents is unnecessary, unwieldy, and undermines the product.
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by Paul Langley

paullangley.bsky.social
Top quality and reasonably priced fish and chips (with very fresh fish from the North Sea) are available further north
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by Paul Langley

paullangley.bsky.social
Deregulation of Wall Street banks will "boost their capacity to finance huge investments in AI and data centres and allow them to return more capital to shareholders".
More, more, more of the same, then
on.ft.com/4n4bUpX via @FT
Bank deregulation set to unlock $2.6tn of Wall Street lending capacity
US lenders expected to cement global dominance by a significant easing of post-financial crisis rules
on.ft.com
4

by Paul Langley

paullangley.bsky.social
"This looks like a long document. Would you like a summary?".
When AI is embedded into the standard university software, what chance is there of encouraging students to engage in detail with a text?
1 10

by Paul Langley

paullangley.bsky.social
Private equity is very, very deep into $3 trillion worth of shadow bank lending and private credit that's starting to look very, very shaky. This is on top of the $1 trillion worth of company assets that private equity is struggling to exit. Trillions of trouble is brewing
archive.ph/tbKt0
archive.ph
2

Reposted by Paul Langley, Andrew Leyshon

It's alive!
7 19

by Paul Langley

paullangley.bsky.social
Did you go full retro money seminar in the second half of the session?
youtu.be/L9SzDFGbsFI?...
The KLF Burn a Million (£1M) Pounds - BBC Omnibus Documentary - 'All About The Money' Edit.
YouTube video by Rex Reynolds
youtu.be
2

by Louise Amoore — Reposted by Paul Langley, Margot C. Finn, John Hogan , and 1 more

amoorelouise.bsky.social
Our article on the politics of AI prompts is out now @econsocjournal.bsky.social www.tandfonline.com/doi/full/10.... 1/n
Politics of the prompt: Government in the age of generative AI
This paper addresses the politics of the technique of prompting in machine learning, at a time when bureaucratic and democratic government is undergoing transformation. Drawing on the case of the U...
www.tandfonline.com
2 28 66

Reposted by Paul Langley

jamiesmythft.bsky.social
Private equity is buying up energy utilities: but will this multibillion dollar bet on powering the AI boom pay off for investors and what will it do to residential power prices? Read @financialtimes.com on.ft.com/4pZWeXs
Private equity bets big on utilities
[FREE TO READ] Investors seek to profit from rising energy demand driven by AI data centres
on.ft.com
13 28

by Paul Langley — Reposted by John Hogan

paullangley.bsky.social
America is now one big bet on AI - on.ft.com/4pTQ3US via @FT
America is now one big bet on AI
It’s seen as the magic fix for every threat to the US economy
on.ft.com
1 2 8

by Paul Langley

paullangley.bsky.social
Slow out of the blocks
on.ft.com/42JDhhS via @FT
Swift to launch blockchain in response to rise of stablecoins
Banks including Citigroup back move by payments group to allow ‘instant, always-on cross-border transactions’
on.ft.com
1

by Paul Langley

paullangley.bsky.social
PhD and postdoc positions are available on a fantastic project about finfluencers and young adult investment culture in Denmark. The project is based at University of Copenhagen and led by Jacob Ørmen
jobportal.ku.dk
Jobportal - Job og karriere på Københavns Universitet – Københavns Universitet
jobportal.ku.dk
1

by Paul Langley

paullangley.bsky.social
Shop with OpenAI. ChatGPT now has FinTech embedded inside. thepaypers.com/payments/new...
Stripe helps OpenAI to roll out Instant Checkout in ChatGPT | The Paypers
Stripe has been assisting OpenAI in launching Instant Checkout in ChatGPT.
thepaypers.com
4

by Paul Langley

paullangley.bsky.social
BBC radio's evening prime time and self-styled serious news programme has initiated a new feature that "may run for 3 weeks or 3 years". A "user's guide to AI" is needed, apparently, because only 25% of adults are using AI by choice. Without irony, state media recommends "having a go at ChatGPT"
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by Paul Langley

paullangley.bsky.social
All tracks lead to the North East of England
richardhull54.bsky.social
Richard Hull @richardhull54.bsky.social · 18d
#OTD 200th anniversary of the birth of the modern #railway, when George Stephenson drove Locomotion No. 1 on its inaugural journey from Shildon to Stockton-on-Tees via Darlington.

en.wikipedia.org/wiki/Stockto...
Stockton and Darlington Railway - Wikipedia
en.wikipedia.org
1 3

Reposted by Paul Langley

richardhull54.bsky.social
#OTD 200th anniversary of the birth of the modern #railway, when George Stephenson drove Locomotion No. 1 on its inaugural journey from Shildon to Stockton-on-Tees via Darlington.

en.wikipedia.org/wiki/Stockto...
Stockton and Darlington Railway - Wikipedia
en.wikipedia.org
1 2 4

by Paul Langley

paullangley.bsky.social
A CV2 is not an old Citroën stuck in reverse. It's a 'continuation vehicle' created by private equity capital to replace an earlier continuation vehicle that has reached the end of it's days. Production of CV2s (and PE) will come to a grinding halt as interest rates rise
on.ft.com/47fy70j via @FT
Private equity finds new way to deal with its deadline crisis
Examples of assets shunted from one continuation vehicle into another are dribbling out
on.ft.com
2

Reposted by Paul Langley, Paul Davies, Christian Breunig , and 6 more

mims.bsky.social
*The AI boom = one of the costliest building sprees in world history

* Past 3 years' commitments are greater than the cost of building the U.S. interstate highway system

* Consumers must spend $800 billion on AI within a few years, to justify investment from 2023-24

www.wsj.com/tech/ai/ai-b...
This week, consultants at Bain & Co. estimated the wave of AI infrastructure spending will require $2 trillion in annual AI revenue by 2030. By comparison, that is more than the combined 2024 revenue of Amazon, Apple, Alphabet, Microsoft, Meta and Nvidia, and more than five times the size of the entire global subscription software market. Morgan Stanley estimates that last year there was around $45 billion of revenue for AI products. The sector makes money from a combination of subscription fees for chatbots such as ChatGPT and money paid to use these companies’ data centers. How the tech sector will cover the gap is “the trillion dollar question,” said Mark Moerdler, an analyst at Bernstein.
97 630 1.8K

by Paul Langley

paullangley.bsky.social
A window on the unnecessary financialized nonsense that contributes to making UK energy costs higher than elsewhere. Note that the focus for debate is how best to regulate companies that make huge profits by selling energy they don't produce.
Octopus Energy chief defends failure to meet new capital targets
Greg Jackson insists it is ‘implausible’ for his company to comply with Ofgem rules and maintain contract with Shell
on.ft.com
2

by Paul Langley

paullangley.bsky.social
Ill-fated major political decision incoming in the UK today.
on.ft.com/4mytYs0 via @FT
Starmer to attack Farage as he unveils digital ID cards plan for all UK adults
Prime minister to accuse populist right of promoting a ‘politics of predatory grievance’
on.ft.com
3

by Paul Langley

paullangley.bsky.social
Dear @financialtimes.com
In UK HE, 'corporate crib sheets' have already been borrowed (alongside a lot of debt). Schumpeter is on the syllabus, plus critiques of 'creative destruction'.
This ideological drivel also falls way short of the analysis expected of students.
on.ft.com/48qerHm via @FT
Britain’s zombie universities should put Schumpeter on the syllabus
It’s time to borrow from the corporate crib sheets — and if all else fails, creative destruction is a force for good
on.ft.com
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by Paul Langley — Reposted by Fabián Muniesa

paullangley.bsky.social
One of my personal favourites @provokedeconomy.bsky.social
sciasculture.bsky.social
Science as Culture @sciasculture.bsky.social · Sep 16
💹 As the political underpinnings of value creation become ever more pressing, Science as Culture is making available free access the commentary "On the Political Vernaculars of Value Creation," by Fabian Muniesa, released almost ten years ago.

🔗 doi.org/10.1080/0950...
On the Political Vernaculars of Value Creation
Published in Science as Culture (Vol. 26, No. 4, 2017)
doi.org
2 1 4

by Paul Langley

paullangley.bsky.social
www.phenomenalworld.org/analysis/ins...
Insurance in the Polycrisis | Kate Mackenzie & Tim Sahay
The future is triage on an uninsurable earth.
www.phenomenalworld.org
1 3

by Paul Langley — Reposted by Richard Hall, Jeremy J. Schmidt

paullangley.bsky.social
Fastest way to shorten the odds on a Reform government
financialtimes.com
Financial Times @financialtimes.com · 26d
Keir Starmer set to unveil digital ID scheme on.ft.com/3IvzqOA
Keir Starmer set to unveil digital ID scheme
UK prime minister hoping to avoid his Labour predecessor’s failure to push through plan in the 2000s
on.ft.com
1 2

Reposted by Paul Langley

financialtimes.com
Keir Starmer set to unveil digital ID scheme on.ft.com/3IvzqOA
Keir Starmer set to unveil digital ID scheme
UK prime minister hoping to avoid his Labour predecessor’s failure to push through plan in the 2000s
on.ft.com
19 8 28

by Paul Langley

paullangley.bsky.social
More evidence that venture capital is a relational process, not a group of firms in Silicon Valley. Recommend
academic.oup.com/ia/article/1...
The globalization of east Asian venture capital: the effects of its ‘return diffusion’ on Silicon Valley
Analysing east Asian governments' policies for internationalizing venture capital activity, this article argues that today's venture capital activity in Si
academic.oup.com
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