Giles Wilkes's Avatar

Giles Wilkes

@gilesyb.bsky.social

Former politico, comment writer, spread betting dealer, editor, now think tanker, consultant, former baker of overly dense loaves.

19,965 Followers  |  1,306 Following  |  5,236 Posts  |  Joined: 28.10.2023  |  2.0768

Latest posts by gilesyb.bsky.social on Bluesky

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EU privacy watchdog opens probe into Elon Musk’s X over sexualised AI images ‘Large-scale’ inquiry is latest sign of how regulators are scrutinising the group’s Grok chatbot

Also, that was posted shortly before this was announced:

ft.trib.al/V6HeK0a

17.02.2026 00:14 — 👍 1    🔁 1    💬 0    📌 0

No one said it was no big deal. Society and governments protested and forced a reluctant reversal from Musk. Why do people have to invent stuff to justify their outrage? There's enough reality for that

17.02.2026 00:07 — 👍 7    🔁 0    💬 1    📌 0
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Russian UAV operator Myroslav Simonov from the elite "Rubicon" unit has defected to Ukraine’s side. He says that after being deployed near Kupiansk and seeing how casually orders were given to execute prisoners, he went AWOL and crossed over to the Ukrainian side.
youtu.be/Xq4f8MHrl_o?...

16.02.2026 20:27 — 👍 394    🔁 82    💬 13    📌 3

A message perhaps for the breathless Westminster commentary that treats every debate within government as a “civil war “and puts Starmer in the “last chance saloon” at least three times a week?

16.02.2026 18:14 — 👍 27    🔁 5    💬 3    📌 1
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Hyperbole is the enemy People exaggerate the problem and their agency in solving it, no wonder the voters are repelled

A cathartic burst of irritation from me about the overuse of hyperbole
open.substack.com/pub/gileswil...

16.02.2026 18:02 — 👍 14    🔁 2    💬 2    📌 0

Thinking about AI and white collar jobs.
Can AI replace all white collar jobs? Obviously not. That is just silly.
Can it replace some jobs? Almost certainly. But that’s just normal. Word processing replaced a lot of jobs. Databases replaced a lot of jobs. Spreadsheets replaced a lot of jobs.
1/2

15.02.2026 12:05 — 👍 108    🔁 17    💬 7    📌 4

A cut above everything else you read on planning.

16.02.2026 11:37 — 👍 40    🔁 11    💬 1    📌 0
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Build the Rail! Save the Snails! How to speed up the planning system without trashing the environment

New post out:

We have a guest post today from the excellent @dsquareddigest.bsky.social.

"Build the Rail! Save the snails!"

Or how we don't need to sacrifice the environment to speed up our mad planning processes.

(Free to read)

open.substack.com/pub/samf/p/b...

16.02.2026 08:32 — 👍 119    🔁 39    💬 13    📌 21

Apparently less than a third of US citizens would claim English, Scotch or Irish ancestry. Huh.

16.02.2026 09:59 — 👍 7    🔁 1    💬 4    📌 0
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Growth again Some less edited thoughts ...

Which if you're interested in can be found chasing the links in here

open.substack.com/pub/gileswil...

16.02.2026 09:52 — 👍 1    🔁 0    💬 0    📌 0
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Britain’s penchant for self-destruction Political instability saps confidence, investment and policymakers’ bandwidth

Britain’s penchant for self-destruction - giftarticle.ft.com/giftarticle/... nice wide ranging piece from @tejparikh.ft.com throws in a mention of my growth thing ...

16.02.2026 09:52 — 👍 3    🔁 2    💬 3    📌 0

I often start there

16.02.2026 08:18 — 👍 0    🔁 0    💬 1    📌 0
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What's so amazing about Jim Henson as a puppeteer is that he could literally be explaining that Kermit is made out of felt and ping pong balls and yet Kermit still feels alive the whole time he's doing it

11.02.2026 22:03 — 👍 11899    🔁 3973    💬 79    📌 191

Crikey that's a large dish

15.02.2026 21:44 — 👍 0    🔁 0    💬 1    📌 0
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Sorry but slow cooked shoulder of lamb is the greatest, don't try to argue back

15.02.2026 19:05 — 👍 34    🔁 0    💬 8    📌 0
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It’s so funny to think about the fact that there’s people out there deferring every life decision to this

14.02.2026 09:53 — 👍 12699    🔁 2942    💬 315    📌 265

Not really, you still only have one result, whereas sports is a factory of results

14.02.2026 14:58 — 👍 0    🔁 0    💬 0    📌 0

Left London. A smiling woman served me a nice coffee and engaged in conversation. May have to head home sharpish if I come across any more of this

14.02.2026 13:55 — 👍 246    🔁 11    💬 17    📌 0

Well yeah, I think so. Incredibly

14.02.2026 11:47 — 👍 1    🔁 0    💬 1    📌 0
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Prediction Markets Are Very Accurate - Marginal REVOLUTION alexmccullough at Dune has a very good post on the accuracy of Polymarket prediction markets. First, how do we measure accuracy? Suppose a prediction market predicts an event will happen with p=.7, i....

Some are

Prediction Markets Are Very Accurate - Marginal REVOLUTION share.google/ijFFUZQBWecz...

14.02.2026 11:37 — 👍 1    🔁 0    💬 0    📌 0

Totally agree on both

14.02.2026 11:35 — 👍 1    🔁 0    💬 0    📌 0

Broken record, sorry, but the mechanics of why this sucks are very simple:

- gambling profits are, have always been, since forever, massively driven by problematic users
- expansion of the trade under a profit maximisation mandate necessarily leads to creating those users

bsky.app/profile/gile...

14.02.2026 11:05 — 👍 21    🔁 4    💬 1    📌 0
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Homeland Security Wants Social Media Sites to Expose Anti-ICE Accounts

www.nytimes.com/2026/02/13/t...

Just checking in with those ardent defenders of free speech

14.02.2026 11:33 — 👍 20    🔁 11    💬 1    📌 2

I love Crash books of all kinds. I think the ones on LTCM, Enron, and Galbraith are the best I remember. Keen to hear thoughts 6/6

14.02.2026 09:34 — 👍 8    🔁 0    💬 5    📌 0

For example, why didn't 2000 or 1987 cause similar problems; did splitting banks really make a difference; why exactly DID stocks reach such a high and then fall so hard; what is the relationship between banking and stock prices- you don't get any insight here. But lots of colour. 5/

14.02.2026 09:34 — 👍 6    🔁 0    💬 2    📌 0

I remember being gripped by Galbraith's account, and a book called Only Yesterday, written in the early 1930s, and so might revisit them. Sadly this one felt like a journalist's book. If you want something to draw useful parallels with today's market action and what may ensue, this doesn't help 4/

14.02.2026 09:34 — 👍 3    🔁 0    💬 1    📌 0

Arguably the most consequential action was FDR leaving the gold standard, but that is mentioned in passing. Instead we have the foregrounding of a few chosen speculators, who provide some novelistic colour. And the implicit moralising that the boom caused the crash and what followed 3/

14.02.2026 09:34 — 👍 3    🔁 0    💬 1    📌 0

And Sorkin sort of realises this, but doesn't go into the story of monumental banking failures and collapsing money supply that resulted in the biggest macro economic event of all time. Instead you get the 'drama' of Glass Steagall being passed and some bankers being grilled 2/

14.02.2026 09:34 — 👍 5    🔁 0    💬 1    📌 0

Somewhat to my surprise, I've found the 1929 book by Sorkin a bit disappointing. It manages to take the stock market too seriously, and a few notable characters related to the market too, without the compensation of the incredible drama of those days.

The crash didn't cause the Depression 1/

14.02.2026 09:34 — 👍 11    🔁 0    💬 1    📌 0
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Nadhim Zahawi thinks London is now unsafe, because the other day a tired-looking man walked past him during the morning rush hour.

13.02.2026 12:42 — 👍 1408    🔁 352    💬 526    📌 372

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