Cut Carbon – Abandon Bitcoin

Bitcoin is more than a rather volatile imitation currency, it is also a huge energy monster. The digital “mining” to create more Bitcoins and the recording of transactions uses up vast, crazy, amounts of electricity – something like 70TWh a...

As The Police Are Finding Out, Facial Recognition Isn’t Very Good Yet – 80%...

This brave new world where we are all surveyed from remote cameras is taking longer to arrive than many thought it would. The reason should be obvious enough. We humans are intensely interested in being able to recognise other...

Facebook Makes Profits From Our Data – So, Let’s Steal The Money

The latest proposal from the fertile minds on the left of the American political spectrum is that since Facebook makes money out of us we should go steal that money. Well, what do we expect from people on the...

Even Online – As With The NHS – It’s Competition That Drives Productivity Improvements

That economic rules are a universal should go without saying - but it's something all too often ignored or even deliberately denied. One of the major benefits of trade is that the competition leads to domestic firms having to...

Seriously Folks, You Can’t Invest In Facebook’s New Libra – Not For A Capital...

The Telegraph manages to ask the top stupid question about Facebook's new Libra cryptocurrency, should you invest in it? The answer to which being obviously not, for it's not something that's going to have a change in capital value,...

Telegraph Now Acting As PR Flacks For Microsoft

There was a time when the newspapers were written by people who knew something. No, not everything, but people did tend to be subject specialists at least when discussing matters off the main news pages. Technology, or Labour Relations,...

Lord Forbid That Slack Frees From The Tyranny Of Email

This is where we get one of those differences of opinion that makes markets. The idea that Slack would free us from the tyranny of email horrifies me even as it seems to please others. If Slack can free us...

Deary Lordy Us – iPhone Rumour Machine Grinds Into Gear Again

It's that time of the year we're afraid - the iPhone rumour machine is grinding into gear. We've now got the entire summer of speculation about what, when, which price, leaks, rumours and flat out lies over what Apple...

La Liga’s Clever But Illegal Method Of Checking People Pay For Football Matches

Isn't this a clever - if illegal - use of the new technology over in Spain by La Liga? The problem to be solved being, well, there's mass pirating of the football TV shows. This of course means less...

As Change UK Just Proved, Facebook Advertising Doesn’t Dominate Politics

Perhaps the problem was that Heidi Allen and Chuka Umunna actually believed the reporting from Carole Cadwalladr? You know, how a few tens of thousands of pounds from the Russian swung the Brexit referendum, or was it the Russians...

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So Why Did We Bother To Rescue The Banking System?

That we made a profit on rescuing the banking system is something oft forgotten - or lied about. But it is indeed worth asking,...