writing up the data centre financial disaster and am having reinforced my opinion that Andrew Bailey of the Bank of England is a Peter Principled fucking idiot.
he was one at the FCA and now he's one at the BoE. i have had the misfortune of following his career since the bitcoin days
he's also a brexiter
why the fuck is he in charge of monetary stability
he also told uk workers they should stop asking for pay rises just after he got a 13% rise. the populace was strangely unconvinced
anyway his latest is headline "BoE warns of AI threat to economy" and it's literally he thinks Mythos will hack everything
fuckin