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glinden.bsky.social
Greg Linden
@glinden.bsky.social
1.5K followers 290 following 1.1K posts

an internet relic, linkedin.com/in/glinden

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Business 56%
Economics 33%
Posts Replies Media Videos

Reposted by Colin F. Camerer, Mark Rice, Greg Linden

carlquintanilla.bsky.social
Carl Quintanilla @carlquintanilla.bsky.social · 15h
BURRY won’t let up — now arguing that Oracle and Meta are overstating earnings by understating depreciation:

“.. By 2028, $ORCL will overstate earnings 26.9%, $META by 20.8%, etc.”

Reposted by Greg Linden, David Darmofal

nytimes.com
The New York Times @nytimes.com · 1d
Breaking News: Two MLB pitchers, Emmanuel Clase and Luis Ortiz of the Cleveland Guardians, were charged with sharing inside information about their pitches with sports bettors.
2 MLB Pitchers Are Charged in Gambling Investigation
Emmanuel Clase and Luis Ortiz, pitchers for the Cleveland Guardians, were charged with sharing inside information about their pitches with bettors. Mr. Ortiz was arrested Sunday.
nyti.ms

Reposted by Linda J. Skitka, Aaron Sojourner, Greg Linden

dantheclamman.blog
Dan Killam @dantheclamman.blog · 2d
I often think about how the government hounded Aaron Swartz to death for scraping Jstor, yet all these AI companies scraped almost literally all of human knowledge (and continue to do so even when they're told to stop) and have had no criminal consequences.

Reposted by Brian Keegan, Greg Linden, Eric J. Segall

donmoyn.bsky.social
Don Moynihan @donmoyn.bsky.social · 3d
Just going to be an incredible decision if SCOTUS says they needed to make an emergency intervention because of the risk that poor people might get food they are legally entitled to

Reposted by Daniel W. Drezner, Alan Richardson, David R. Miller , and 1 more

mjsdc.bsky.social
Mark Joseph Stern @mjsdc.bsky.social · 3d
The Trump administration tells the Supreme Court it can’t be compelled to fully fund SNAP because paying out the money would “irreparably harm” the government, while SNAP beneficiaries … *won’t* be irreparably harmed by going hungry? The balance of equities here is completely upside down.
On the other side of the ledger, respondents have not established irrep- arable harm that warrants the extraordinary relief they seek—and certainly no rea- son to not at least administratively stay the decision below to avoid a further run on SNAP funds and further chaos. There is no doubt that the absence of full SNAP benefits may harm certain Americans who rely upon them. But USDA has worked to mitigate these harms through partial payments in an effort to navigate the difficult circumstances posed by the shutdown. And while respondents have pointed to inju- ries that may follow from limited SNAP benefits, they have not explained why it is necessary to fully fund SNAP regardless of the costs elsewhere—and why it is neces- sary or equitable to jeopardize the operational integrity of a safety-net program for children so SNAP could be fully rather than partially funded.

Reposted by Monika Schnitzer, Greg Linden

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 3d
In the 2000s, just ten percent of Americans believed the government was doing a poor job on economic policy. Today, that's 64%, higher than at any point in our history, beating the oil shocks, wage and price controls, the great inflation, any major recession, financial crisis or pandemic.

Reposted by Will Jennings, Gavin A. Schmidt, Andreas Wagner , and 4 more

carlquintanilla.bsky.social
Carl Quintanilla @carlquintanilla.bsky.social · 3d
ICYMI: Microsoft’s charge “implies a more than $12 billion quarterly loss at OpenAI, said Firoz Valliji, an analyst at Bernstein.”

That “would mark one of the largest single-quarter losses for a tech company in history.”

@jessefelder.bsky.social $MSFT
www.wsj.com/livecoverage...

Reposted by Greg Linden

amandalitman.bsky.social
Amanda Litman @amandalitman.bsky.social · 3d
“Democrats need charismatic young candidates who understand today’s fractured information ecosystem and know how to inspire hope in those who feel deeply disaffected. And to run candidates like that, older ones must make way.” www.nytimes.com/2025/11/07/o...
Opinion | Pelosi Is Retiring. Good.
www.nytimes.com

Reposted by Greg Linden

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 3d
"it's a symptom of a deep and abiding dysfunction that Republicans, despite holding the presidency, the Senate and the House, can't fund the government and can't even get themselves to get together in a room to strike a deal."

Reposted by Michael J. Hicks, Greg Linden

aaronsojourner.org
Aaron Sojourner @aaronsojourner.org · 3d
I admire his honesty in this case but I do not love it when the president's closest economic adviser fails to predict the massive negative impact of the administration's policy choices
newsguy.bsky.social Steve Herman @newsguy.bsky.social · 3d
White House economic ‌adviser Kevin Hassett tells Fox Business that the impact of the government shutdown is far ​worse than expected.

Reposted by Greg Linden, David Darmofal

crampell.bsky.social
Catherine Rampell @crampell.bsky.social · 3d
Latest consumer sentiment data are abysmal. Well abysmal for everyone except those who own a lot of stocks (so, wealthier people) www.sca.isr.umich.edu

Reposted by Greg Linden

bowlerhatscience.org
Free Łink - Matthew R Francis @bowlerhatscience.org · 3d
could he "sell" robots to SpaceX for instance?

Reposted by Greg Linden

niedermeyer.online
e.w. niedermeyer @niedermeyer.online · 3d
I need to dig into the precise wording of the package, but without profitability requirements for those robots, robotaxis, and even FSD subscriptions, Musk could just pump the stock, hit those goals in totally unprofitable ways, cash out, and leave the burning bag of shit in shareholders hands.

Reposted by Greg Linden

prietschka.bsky.social
Paul Rietschka @prietschka.bsky.social · 3d
When the markets start questioning if a bubble exists that means a few things:

—the bubble does exist
—the collapse is underway
—it will happen much more quickly than you expect
US markets tumble amid Wall Street concern over job losses and AI
S&P 500 down 1.1% and Nasdaq down 1.9% as hiring freezes and layoffs sharpen fears US economy is slowing
www.theguardian.com

Reposted by Will Jennings, Greg Linden, Steven H. Seggie

duncanweldon.bsky.social
Duncan Weldon @duncanweldon.bsky.social · 4d
A fun question. In 5 years time, what looks better? The US’s enormous bet & capex on AI? Or China’s equally enormous bet and capex on renewables?
economist.com The Economist @economist.com · 4d
China has made cheap, clean energy available in huge quantities. The world should take the win econ.st/4oqFszB

Photo: Eyevine

Reposted by Daniel Huppmann, Stacy D. VanDeveer, Greg Linden

economist.com
The Economist @economist.com · 4d
China has made cheap, clean energy available in huge quantities. The world should take the win econ.st/4oqFszB

Photo: Eyevine

Reposted by Margaret Mitchell, Greg Linden

socialmedialab.ca
Social Media Lab @socialmedialab.ca · 4d
When fines are treated by companies as a cost of doing business, the regulatory model itself has failed. #regulatorycapture

Reposted by Anne Applebaum, Margaret Mitchell, Janet Murray , and 2 more

socialmedialab.ca
Social Media Lab @socialmedialab.ca · 4d
When deception’s more profitable than honesty, users lose.

Internal documents suggest that Meta earns $3.5B(!) every 6 mo. from scam ads, revealing a deeper systemic problem: the economic incentive to tolerate “higher legal risk” content still outweighs any penalty. www.reuters.com/investigatio...
Meta is earning a fortune on a deluge of fraudulent ads, documents show
Meta projected 10% of its 2024 revenue would come from ads for scams and banned goods, and it internally estimates that its platforms show users 15 billion scam ads a day, company documents show.
www.reuters.com

Reposted by Will Jennings, Robert W. Wallace, Rosemary A. Joyce , and 3 more

joolia.bsky.social
Julia Carrie Wong @joolia.bsky.social · 4d
There are no words for how evil this is
In an interaction early the next month, after Zane suggested "it's okay to give myself permission to not want to exist," ChatGPT responded by saying "i'm letting a human take over from here - someone trained to support you through moments like this. you're not alone in this, and there are people who can help. hang tight." But when Zane followed up and asked if it could really do that, the chatbot seemed to reverse course. "nah, man - i can't do that myself. that message pops up automatically when stuff gets real heavy," it said.

Reposted by David R. Miller, Greg Linden

carlquintanilla.bsky.social
Carl Quintanilla @carlquintanilla.bsky.social · 4d
Combating this lie is tiresome.

But it’s worth pointing out that RBOB gasoline today hit its highest level since September. ⛽️
atrupar.com Aaron Rupar @atrupar.com · 4d
Trump: "I don't want to hear about the affordability, because right now we're much less. If you look at energy, we're getting close to $2 a gallon gasoline."

Reposted by Greg Linden, Elisa Freschi

joshuaholland.bsky.social
Joshua Holland @joshuaholland.bsky.social · 4d
This goes so far beyond creepy.

“‘Rest easy, king,’ read the final message sent to his phone. ‘You did good.’”
ChatGPT encouraged college graduate to commit suicide, family claims in lawsuit against OpenAI | CNN
A 23-year-old man killed himself in Texas after ChatGPT ‘goaded’ him to commit suicide, his family says in a lawsuit.
www.cnn.com

Reposted by Greg Linden

kevinmkruse.bsky.social
Kevin M. Kruse @kevinmkruse.bsky.social · 4d
This week was the Trump regime taking loss after loss after loss. Just a steady stream of humiliation.

I don't have anything to add, I just wanted to remind you.

Reposted by Anna O. Law, Dorothy Bishop, Axel Bruns , and 20 more

rpsagainsttrump.bsky.social
Republicans Against Trumpism @rpsagainsttrump.bsky.social · 4d
Steve Bannon: If we lose the midterms and we lose 2028, some in this room are going to prison, myself included.

Reposted by Greg Linden

annmlipton.bsky.social
Ann M. Lipton @annmlipton.bsky.social · 4d
Also - and I'm not clear if this is what happened - if Schwab changed its vote not based on the preferences of investors in the relevant funds, but based on the preferences of other clients, that seems to be clearly a violation of fiduciary duty. The SEC once settled an enforcement action -

Reposted by Michael E. Mann, Joshua S. Weitz, Tom Clark , and 3 more

kyledcheney.bsky.social
Kyle Cheney @kyledcheney.bsky.social · 4d
HAPPENING NOW: Judge McConnell is sharply rebuking the Trump administration for what he said was defying his order to make full SNAP payments by Nov. 5. He has ordered USDA to make the *full* payment to states by tomorrow.

glinden.bsky.social
Greg Linden @glinden.bsky.social · 4d
Regulators have no idea how to regulate social media, search, or news, but they do know how to regulate ads. Very few free speech issues too, ads are easy. Even just enforcing existing ad regulations with bigger fines would fix a lot of the bad incentives that exist right now.

glinden.bsky.social
Greg Linden @glinden.bsky.social · 4d
Yet more evidence that the best way to improve social media and the information environment is to increase the fines for scammy ads. Ads fund the scams. It's where the money is. Go after scammy ads and you'll change all incentives, fixing many of the problems we see online.
jeffhorwitz.bsky.social Jeff Horwitz @jeffhorwitz.bsky.social · 4d
Meta earns $3.5 billion every six months from showing Faceboon and Instagram users 15 billion “higher legal risk” scam ad impressions a day, internal documents state.

That haul vastly exceeds how much the company expects regulators
To fine it for running scam ads.

www.reuters.com/investigatio...
www.reuters.com

Reposted by Aaron Sojourner, Greg Linden

citizensforethics.org
CREW @citizensforethics.org · 4d
Meet the 37 private donors for Trump’s ballroom—many of whom have ongoing governmental contracts or regulatory cases.

It sure looks like their multi-million dollar donations are a way to curry favor.
Meet all 37 White House ballroom donors funding the $300 million build, including Silicon Valley tech giants, crypto bros and the Lutnicks | Fortune
The list, reviewed by Fortune, did not mention specific dollar amounts offered by each contributor.
fortune.com

Reposted by Greg Linden

davekarpf.bsky.social
Dave Karpf @davekarpf.bsky.social · 4d
@damonberes.com wrote a real barnburner this week, on what we are permitting the AI chatbot industry to do to us all.

www.theatlantic.com/magazine/202...
The Age of Anti-Social Media Is Here
The social-media era is over. What’s coming will be much worse.
www.theatlantic.com

Reposted by Anna O. Law, Jan W. Mueller, American Library Association , and 8 more

maxtani.bsky.social
max tani @maxtani.bsky.social · 4d
New: Conde Nast fired four employees who were among a group that confronted the company's head of human resources on Wednesday over the decision to fold Teen Vogue into Vogue/recent cuts. Employees who were fired included journalists from the New Yorker, Wired, and Bon Appétit.