Patrick Galey
@patrickgaley.bsky.social
Anti-Fascist. Anthropocene Pepys. Gen AI Cassandra. Journalist taking names on the fossil fuel industry and its role in the climate, energy, and cost of greed crises.
Other than that, mainly dogs and cycling
Other than that, mainly dogs and cycling
Pinned
Patrick Galey
@patrickgaley.bsky.social
· Oct 16
The Secret Lies of AI
I recently listened to an excellent podcast from the team at QAA, investigating a phenomenon that is both at once very new and extremely…
medium.com
With Forbes warning the Gen AI bubble bursting will wipe $40 trillion off global markets, I wrote about the foundational lies the industry tells about the usefulness, durability, accuracy and - yes - intelligence of its products
All of which are weapons-grade horseshit
medium.com/@patchgaley/...
All of which are weapons-grade horseshit
medium.com/@patchgaley/...
$1.7 tn in Shrodinger’s AI Bonds:
Simultaneously rated by S+P as A+ and paying yields typical for junk
This entire industry couldn’t be screaming “FRAUD” louder if it tried
giftarticle.ft.com/giftarticle/...
Simultaneously rated by S+P as A+ and paying yields typical for junk
This entire industry couldn’t be screaming “FRAUD” louder if it tried
giftarticle.ft.com/giftarticle/...
AI debt boom pushes US corporate bond sales close to record
Investment-grade borrowers have issued $1.7tn of bonds this year, closing in on 2020’s Covid debt rush
giftarticle.ft.com
December 23, 2025 at 10:46 AM
$1.7 tn in Shrodinger’s AI Bonds:
Simultaneously rated by S+P as A+ and paying yields typical for junk
This entire industry couldn’t be screaming “FRAUD” louder if it tried
giftarticle.ft.com/giftarticle/...
Simultaneously rated by S+P as A+ and paying yields typical for junk
This entire industry couldn’t be screaming “FRAUD” louder if it tried
giftarticle.ft.com/giftarticle/...
Reposted by Patrick Galey
I don’t think most people reckon with the fact that the world will likely pass 2C by 2040.
If you buy a gas powered car or a new gas boiler today, if you vote for a politician who takes advice from Matt Yglesias or Third Way, if you keep ordering beef you are contributing to that dystopian future.
If you buy a gas powered car or a new gas boiler today, if you vote for a politician who takes advice from Matt Yglesias or Third Way, if you keep ordering beef you are contributing to that dystopian future.
I’m not going to hope 2026 is any better than 2025, I’ll just say you probably ought to try to enjoy it as 2027 will 1.7C hotter than our Goldilocks climate and that’s going to be system-collapse levels of madness
insideclimatenews.org/news/0402202...
insideclimatenews.org/news/0402202...
December 22, 2025 at 1:22 PM
I don’t think most people reckon with the fact that the world will likely pass 2C by 2040.
If you buy a gas powered car or a new gas boiler today, if you vote for a politician who takes advice from Matt Yglesias or Third Way, if you keep ordering beef you are contributing to that dystopian future.
If you buy a gas powered car or a new gas boiler today, if you vote for a politician who takes advice from Matt Yglesias or Third Way, if you keep ordering beef you are contributing to that dystopian future.
I want you to take note very carefully here:
REMEMBER THIS WHEN IT COMES TO TAX HIM BECAUSE I AM SICK TO FUCKING DEATH OF THESE PEOPLE CLIMING EQUITY AS COLLATERAL THAT VANISHES WHEN THE IRS CALLS Thttps://www.theguardian.com/business/2025/dec/22/larry-ellison-40-billion-paramount-warner-bros
REMEMBER THIS WHEN IT COMES TO TAX HIM BECAUSE I AM SICK TO FUCKING DEATH OF THESE PEOPLE CLIMING EQUITY AS COLLATERAL THAT VANISHES WHEN THE IRS CALLS Thttps://www.theguardian.com/business/2025/dec/22/larry-ellison-40-billion-paramount-warner-bros
Larry Ellison provides personal guarantee for Paramount takeover of Warner Bros Discovery
WBD had urged shareholders to reject $108.4bn hostile takeover bid from Paramount, which is controlled by the Ellisons, following $82.7bn Netflix deal
www.theguardian.com
December 22, 2025 at 2:36 PM
I want you to take note very carefully here:
REMEMBER THIS WHEN IT COMES TO TAX HIM BECAUSE I AM SICK TO FUCKING DEATH OF THESE PEOPLE CLIMING EQUITY AS COLLATERAL THAT VANISHES WHEN THE IRS CALLS Thttps://www.theguardian.com/business/2025/dec/22/larry-ellison-40-billion-paramount-warner-bros
REMEMBER THIS WHEN IT COMES TO TAX HIM BECAUSE I AM SICK TO FUCKING DEATH OF THESE PEOPLE CLIMING EQUITY AS COLLATERAL THAT VANISHES WHEN THE IRS CALLS Thttps://www.theguardian.com/business/2025/dec/22/larry-ellison-40-billion-paramount-warner-bros
I’m not going to hope 2026 is any better than 2025, I’ll just say you probably ought to try to enjoy it as 2027 will 1.7C hotter than our Goldilocks climate and that’s going to be system-collapse levels of madness
insideclimatenews.org/news/0402202...
insideclimatenews.org/news/0402202...
December 22, 2025 at 12:20 PM
I’m not going to hope 2026 is any better than 2025, I’ll just say you probably ought to try to enjoy it as 2027 will 1.7C hotter than our Goldilocks climate and that’s going to be system-collapse levels of madness
insideclimatenews.org/news/0402202...
insideclimatenews.org/news/0402202...
Price/earnings ratios remain IMO the best test of whether a stock is properly valued. General benchmark would be around 7 (ie it is priced at 7x its earnings)
Nvidia is at 43. Alphabet is 30. giftarticle.ft.com/giftarticle/...
Nvidia is at 43. Alphabet is 30. giftarticle.ft.com/giftarticle/...
Australia’s biggest pension fund to cut global stocks allocation on AI concerns
AustralianSuper warns of ‘maturing’ US tech cycle and high valuations
giftarticle.ft.com
December 20, 2025 at 11:45 AM
Price/earnings ratios remain IMO the best test of whether a stock is properly valued. General benchmark would be around 7 (ie it is priced at 7x its earnings)
Nvidia is at 43. Alphabet is 30. giftarticle.ft.com/giftarticle/...
Nvidia is at 43. Alphabet is 30. giftarticle.ft.com/giftarticle/...
Sitting across on the train from a relatively junior Guardian journalist pontificating to his family how Reform need an Orange Book for their supporters’ intellectual guidance, how his mate is in a AI unicorn and they’re going to collaborate to make money on election betting
December 20, 2025 at 11:04 AM
Sitting across on the train from a relatively junior Guardian journalist pontificating to his family how Reform need an Orange Book for their supporters’ intellectual guidance, how his mate is in a AI unicorn and they’re going to collaborate to make money on election betting
A single data centre boiling oceans to train Crystal Meth Clippy unhinged chatbots
11,000 people’s annual water consumption www.theguardian.com/environment/...
11,000 people’s annual water consumption www.theguardian.com/environment/...
UK’s largest proposed datacentre ‘understating planned water use’
Analysis suggests consumption at Northumberland site could be 50 times higher than US operator QTS estimates
www.theguardian.com
December 19, 2025 at 5:40 PM
A single data centre boiling oceans to train Crystal Meth Clippy unhinged chatbots
11,000 people’s annual water consumption www.theguardian.com/environment/...
11,000 people’s annual water consumption www.theguardian.com/environment/...
Man, the BP narrative is that even skeptical journalists just swallow, the idea that Looney wanted to turn it into a "green energy giant" - a claim that is easily falsifiable by one glance at its capex on fossil fuels vs renewables - is nonsense www.ft.com/content/6c57...
How BP’s ‘sharp-elbowed’ chair lost patience with its chief executive
CEO Murray Auchincloss clashed repeatedly with Albert Manifold over strategy before his abrupt departure
www.ft.com
December 19, 2025 at 10:32 AM
Man, the BP narrative is that even skeptical journalists just swallow, the idea that Looney wanted to turn it into a "green energy giant" - a claim that is easily falsifiable by one glance at its capex on fossil fuels vs renewables - is nonsense www.ft.com/content/6c57...
Why is it always these guys? Always, without fail, the racists are from this party.
What does that tell you about their supporters? www.theguardian.com/politics/202...
What does that tell you about their supporters? www.theguardian.com/politics/202...
Reform candidate who told Lammy to ‘go home’ questioned other MPs’ loyalty to UK
Exclusive: Labour says Nigel Farage’s party should swiftly condemn Chris Parry after further comments emerge
www.theguardian.com
December 19, 2025 at 10:29 AM
Why is it always these guys? Always, without fail, the racists are from this party.
What does that tell you about their supporters? www.theguardian.com/politics/202...
What does that tell you about their supporters? www.theguardian.com/politics/202...
Trillions spent. Billions of layers. Millions of tonnes of carbon. Thousands of layoffs. Hundreds of suicides from vulnerable users.
And still LLMs will, by design, never be able able to produce anything but plausible sounding lies.
We need a GLOBAL NON-USE TREATY on these Crystal Meth Clippies
And still LLMs will, by design, never be able able to produce anything but plausible sounding lies.
We need a GLOBAL NON-USE TREATY on these Crystal Meth Clippies
December 18, 2025 at 12:38 PM
Trillions spent. Billions of layers. Millions of tonnes of carbon. Thousands of layoffs. Hundreds of suicides from vulnerable users.
And still LLMs will, by design, never be able able to produce anything but plausible sounding lies.
We need a GLOBAL NON-USE TREATY on these Crystal Meth Clippies
And still LLMs will, by design, never be able able to produce anything but plausible sounding lies.
We need a GLOBAL NON-USE TREATY on these Crystal Meth Clippies
My experience is it is overwhelmingly Gen Z who use these Crystal Meth Clippy chat bots. It is integrated into their thought processes, and that's sad, because they are only accelerating their own obsolescence
If we are banning cell phones for kids we need to be talking about banning chatbots for boomers
www.persuasion.community/p/my-chatgpt...
www.persuasion.community/p/my-chatgpt...
December 18, 2025 at 12:33 PM
My experience is it is overwhelmingly Gen Z who use these Crystal Meth Clippy chat bots. It is integrated into their thought processes, and that's sad, because they are only accelerating their own obsolescence
Fusion doesn't exist outside of labs, so what is the "billion" for?
"President Trump’s media company Trump Media & Technology Group agreed to merge with fusion-power company TAE Technologies in an all-stock deal worth more than $6 billion." Deal "intends to combine Trump Media’s access to capital and TAE’s fusion technology to supply power" for the AI boom.
Trump Media to Merge With TAE Tech in $6 Billion Deal
President Trump’s media company Trump Media & Technology Group agreed to merge with fusion power company TAE Technologies in an all-stock deal worth more than $6 billion.
www.wsj.com
December 18, 2025 at 12:31 PM
Fusion doesn't exist outside of labs, so what is the "billion" for?
Nvidia, Coreweave, OpenAI, Meta AI, xAI, Anthropic.
All of them are grifters. They all use the fossil fuel playbook of lobbying for favourable tax regimes and paint their tech as inevitable (hey we've already built it, why not use it for decades??)
They are criminals and need accountability
All of them are grifters. They all use the fossil fuel playbook of lobbying for favourable tax regimes and paint their tech as inevitable (hey we've already built it, why not use it for decades??)
They are criminals and need accountability
Big Tech has laid off all the senior developers (ie those who built the models) because they know what I know but what investors apparently refuse or fail to see:
LLMs have already hit scaling boundaries, and these city-sized data centres are already obsolete
techcrunch.com/2025/12/12/t...
LLMs have already hit scaling boundaries, and these city-sized data centres are already obsolete
techcrunch.com/2025/12/12/t...
A comprehensive list of 2025 tech layoffs | TechCrunch
A complete list of all the known layoffs in tech, from Big Tech to startups, broken down by month throughout 2024 and 2025.
techcrunch.com
December 18, 2025 at 11:33 AM
Nvidia, Coreweave, OpenAI, Meta AI, xAI, Anthropic.
All of them are grifters. They all use the fossil fuel playbook of lobbying for favourable tax regimes and paint their tech as inevitable (hey we've already built it, why not use it for decades??)
They are criminals and need accountability
All of them are grifters. They all use the fossil fuel playbook of lobbying for favourable tax regimes and paint their tech as inevitable (hey we've already built it, why not use it for decades??)
They are criminals and need accountability
Big Tech has laid off all the senior developers (ie those who built the models) because they know what I know but what investors apparently refuse or fail to see:
LLMs have already hit scaling boundaries, and these city-sized data centres are already obsolete
techcrunch.com/2025/12/12/t...
LLMs have already hit scaling boundaries, and these city-sized data centres are already obsolete
techcrunch.com/2025/12/12/t...
A comprehensive list of 2025 tech layoffs | TechCrunch
A complete list of all the known layoffs in tech, from Big Tech to startups, broken down by month throughout 2024 and 2025.
techcrunch.com
December 18, 2025 at 11:29 AM
Big Tech has laid off all the senior developers (ie those who built the models) because they know what I know but what investors apparently refuse or fail to see:
LLMs have already hit scaling boundaries, and these city-sized data centres are already obsolete
techcrunch.com/2025/12/12/t...
LLMs have already hit scaling boundaries, and these city-sized data centres are already obsolete
techcrunch.com/2025/12/12/t...
What baffles me is how many people hear these vampire CEOs say the quiet part out loud (Yes, AI is designed to automate your role, and yes, I'm going to eat you) and continue to acquiesce in their own obsolescence by playing along with these Crystal Meth Clippy chat bot nonsense machines
Talked to someone from a Very Big Corporation this week who said:
- This company was planning to sack tens of thousands of staff in the new year.
- Staff annual appraisals were dependent on how much they used AI, how much they could see opportunities for AI, how much they would promise to use it.
- This company was planning to sack tens of thousands of staff in the new year.
- Staff annual appraisals were dependent on how much they used AI, how much they could see opportunities for AI, how much they would promise to use it.
Astonished at the number of creative intelligent discerning people who casually use “I asked Chat GPT” when talking about their daily lives.
AI is bad, the work of bad people, who hate you, normalised with bad intent.
You wouldn’t say “I wrote to the Daily Mail”
I wish people had more shame.
AI is bad, the work of bad people, who hate you, normalised with bad intent.
You wouldn’t say “I wrote to the Daily Mail”
I wish people had more shame.
December 18, 2025 at 11:16 AM
What baffles me is how many people hear these vampire CEOs say the quiet part out loud (Yes, AI is designed to automate your role, and yes, I'm going to eat you) and continue to acquiesce in their own obsolescence by playing along with these Crystal Meth Clippy chat bot nonsense machines
Reposted by Patrick Galey
Just to demonstrate how much worse it's going to get: O'Neill ensured Woodside quickly became Australia's ExxonMobil. Constantly playing dirty, attacking activists and campaigners, just living in the worst muck. I hope BP's ready to get muddy.
ketanjoshi.co/2025/03/15/f...
ketanjoshi.co/2025/03/15/f...
December 18, 2025 at 11:06 AM
Just to demonstrate how much worse it's going to get: O'Neill ensured Woodside quickly became Australia's ExxonMobil. Constantly playing dirty, attacking activists and campaigners, just living in the worst muck. I hope BP's ready to get muddy.
ketanjoshi.co/2025/03/15/f...
ketanjoshi.co/2025/03/15/f...
Meg O'Neill thinks she's clever. Albert Manifold thinks he's clever. Elliot think they are clever.
They are not clever. They are climate criminals.
(And they all have names and addresses, btw).
They are not clever. They are climate criminals.
(And they all have names and addresses, btw).
WOWOW.
The full blown blackpill suicide of BP continues apace after vulture investors (Elliot etc) catastrophically failed to right the sinking ship by doubling down on dying fuels
Any other industry on Earth, these guys would be in jail
www.ft.com/content/8024...
The full blown blackpill suicide of BP continues apace after vulture investors (Elliot etc) catastrophically failed to right the sinking ship by doubling down on dying fuels
Any other industry on Earth, these guys would be in jail
www.ft.com/content/8024...
BP replaces chief executive Murray Auchincloss after less than two years
Woodside Energy boss Meg O’Neill will become the UK oil and gas major’s new top manager
www.ft.com
December 18, 2025 at 11:03 AM
Meg O'Neill thinks she's clever. Albert Manifold thinks he's clever. Elliot think they are clever.
They are not clever. They are climate criminals.
(And they all have names and addresses, btw).
They are not clever. They are climate criminals.
(And they all have names and addresses, btw).
WOWOW.
The full blown blackpill suicide of BP continues apace after vulture investors (Elliot etc) catastrophically failed to right the sinking ship by doubling down on dying fuels
Any other industry on Earth, these guys would be in jail
www.ft.com/content/8024...
The full blown blackpill suicide of BP continues apace after vulture investors (Elliot etc) catastrophically failed to right the sinking ship by doubling down on dying fuels
Any other industry on Earth, these guys would be in jail
www.ft.com/content/8024...
BP replaces chief executive Murray Auchincloss after less than two years
Woodside Energy boss Meg O’Neill will become the UK oil and gas major’s new top manager
www.ft.com
December 18, 2025 at 10:57 AM
WOWOW.
The full blown blackpill suicide of BP continues apace after vulture investors (Elliot etc) catastrophically failed to right the sinking ship by doubling down on dying fuels
Any other industry on Earth, these guys would be in jail
www.ft.com/content/8024...
The full blown blackpill suicide of BP continues apace after vulture investors (Elliot etc) catastrophically failed to right the sinking ship by doubling down on dying fuels
Any other industry on Earth, these guys would be in jail
www.ft.com/content/8024...
Yes there are lots of correct takes (billionaires need eating, if anyone else’s idea lost so much of other people’s money they’d be in jail etc)
But the one actionable thing you can personally do? Leave Facebook. Dump Meta. Stop WhatsApp. It’s easy, and it effects this corporation of bums
But the one actionable thing you can personally do? Leave Facebook. Dump Meta. Stop WhatsApp. It’s easy, and it effects this corporation of bums
You need to stop talking about Zuckerberg’s get up and not stop talking about how he has overseen the largest corporate swindle in modern history, running roughshod over protections from copyright law to workers rights
All for what? Crystal meth Clippy?
giftarticle.ft.com/giftarticle/...
All for what? Crystal meth Clippy?
giftarticle.ft.com/giftarticle/...
Inside Mark Zuckerberg’s turbulent bet on AI
A year of internal disorder, fluctuating priorities and colossal spending at Meta has rattled insiders and investors
giftarticle.ft.com
December 17, 2025 at 1:41 PM
Yes there are lots of correct takes (billionaires need eating, if anyone else’s idea lost so much of other people’s money they’d be in jail etc)
But the one actionable thing you can personally do? Leave Facebook. Dump Meta. Stop WhatsApp. It’s easy, and it effects this corporation of bums
But the one actionable thing you can personally do? Leave Facebook. Dump Meta. Stop WhatsApp. It’s easy, and it effects this corporation of bums
All this try hard crap from "insiders" on first name terms with Mark, it's a cult. And it's one that's going to cause the US economy to collapse next year, and tech journos have been too busy following his haircut than the actual, harmful, nefarious shit Metia gets up to, which doesn't stay online
You need to stop talking about Zuckerberg’s get up and not stop talking about how he has overseen the largest corporate swindle in modern history, running roughshod over protections from copyright law to workers rights
All for what? Crystal meth Clippy?
giftarticle.ft.com/giftarticle/...
All for what? Crystal meth Clippy?
giftarticle.ft.com/giftarticle/...
Inside Mark Zuckerberg’s turbulent bet on AI
A year of internal disorder, fluctuating priorities and colossal spending at Meta has rattled insiders and investors
giftarticle.ft.com
December 17, 2025 at 12:30 PM
All this try hard crap from "insiders" on first name terms with Mark, it's a cult. And it's one that's going to cause the US economy to collapse next year, and tech journos have been too busy following his haircut than the actual, harmful, nefarious shit Metia gets up to, which doesn't stay online
Reposted by Patrick Galey
“Mark has a keen sense of when the market is changing and moving quickly to catch up.”
If you actually have a “keen sense” of the market it wouldn’t be necessary to have to “catch up”
If you actually have a “keen sense” of the market it wouldn’t be necessary to have to “catch up”
December 17, 2025 at 12:25 PM
“Mark has a keen sense of when the market is changing and moving quickly to catch up.”
If you actually have a “keen sense” of the market it wouldn’t be necessary to have to “catch up”
If you actually have a “keen sense” of the market it wouldn’t be necessary to have to “catch up”
Tell me Meta’s Gen AI spend is just tax liabilities burned as R&D spend without telling me etc
“Investors are also increasingly skittish. Meta’s 2025 capital expenditures are expected to hit at least $70bn, up from $39bn the previous year”
$100 bn planned next year
$100 bn planned next year
You need to stop talking about Zuckerberg’s get up and not stop talking about how he has overseen the largest corporate swindle in modern history, running roughshod over protections from copyright law to workers rights
All for what? Crystal meth Clippy?
giftarticle.ft.com/giftarticle/...
All for what? Crystal meth Clippy?
giftarticle.ft.com/giftarticle/...
December 17, 2025 at 11:09 AM
Tell me Meta’s Gen AI spend is just tax liabilities burned as R&D spend without telling me etc
Reposted by Patrick Galey
“Investors are also increasingly skittish. Meta’s 2025 capital expenditures are expected to hit at least $70bn, up from $39bn the previous year”
$100 bn planned next year
$100 bn planned next year
You need to stop talking about Zuckerberg’s get up and not stop talking about how he has overseen the largest corporate swindle in modern history, running roughshod over protections from copyright law to workers rights
All for what? Crystal meth Clippy?
giftarticle.ft.com/giftarticle/...
All for what? Crystal meth Clippy?
giftarticle.ft.com/giftarticle/...
Inside Mark Zuckerberg’s turbulent bet on AI
A year of internal disorder, fluctuating priorities and colossal spending at Meta has rattled insiders and investors
giftarticle.ft.com
December 17, 2025 at 10:32 AM
“Investors are also increasingly skittish. Meta’s 2025 capital expenditures are expected to hit at least $70bn, up from $39bn the previous year”
$100 bn planned next year
$100 bn planned next year
You need to stop talking about Zuckerberg’s get up and not stop talking about how he has overseen the largest corporate swindle in modern history, running roughshod over protections from copyright law to workers rights
All for what? Crystal meth Clippy?
giftarticle.ft.com/giftarticle/...
All for what? Crystal meth Clippy?
giftarticle.ft.com/giftarticle/...
Inside Mark Zuckerberg’s turbulent bet on AI
A year of internal disorder, fluctuating priorities and colossal spending at Meta has rattled insiders and investors
giftarticle.ft.com
December 17, 2025 at 10:23 AM
You need to stop talking about Zuckerberg’s get up and not stop talking about how he has overseen the largest corporate swindle in modern history, running roughshod over protections from copyright law to workers rights
All for what? Crystal meth Clippy?
giftarticle.ft.com/giftarticle/...
All for what? Crystal meth Clippy?
giftarticle.ft.com/giftarticle/...