American actor, writer, producer (born 1965)
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For this episode of Liminal Library, I interviewed Dan Davies about The Unaccountability Machine: Why Big Systems Make Terrible Decisions—and How the World Lost Its Mind (U Chicago Press, 2025). Davies examines how we've systematically engineered responsibility out of our institutions, creating a world where major decisions happen without clear human accountability. Davies draws on Stafford Beer's cybernetics to explain how modern organizations function as systems with their own patterns and responses. As he puts it, "the system is not conscious and so does not have incentives, but it has consistent patterns of response to stimuli." This isn't about individual moral failures – it's about the industrialization of decision-making itself. We've moved from Harry Truman's "The Buck Stops Here" to complex processes and standardized criteria that diffuse responsibility across multiple layers. When things go wrong – financial crises, environmental failures, social breakdowns – no single person can be held accountable because no single person actually made the decision. Davies traces this transformation through three revolutions: the managerial revolution that shifted control from owners to professional administrators, the cybernetic revolution that offered tools to understand these systems but never fully materialized, and the neoliberal revolution that reshaped society while ignoring that increasingly, systems rather than people make the decisions affecting our lives. These accountability machines, as Davies calls them, operate according to their own logic and constraints. Understanding them is essential for grasping why institutional failures seem both inevitable and impossible to prevent within our current frameworks. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network
For this episode of Liminal Library, I interviewed Dan Davies about The Unaccountability Machine: Why Big Systems Make Terrible Decisions—and How the World Lost Its Mind (U Chicago Press, 2025). Davies examines how we've systematically engineered responsibility out of our institutions, creating a world where major decisions happen without clear human accountability. Davies draws on Stafford Beer's cybernetics to explain how modern organizations function as systems with their own patterns and responses. As he puts it, "the system is not conscious and so does not have incentives, but it has consistent patterns of response to stimuli." This isn't about individual moral failures – it's about the industrialization of decision-making itself. We've moved from Harry Truman's "The Buck Stops Here" to complex processes and standardized criteria that diffuse responsibility across multiple layers. When things go wrong – financial crises, environmental failures, social breakdowns – no single person can be held accountable because no single person actually made the decision. Davies traces this transformation through three revolutions: the managerial revolution that shifted control from owners to professional administrators, the cybernetic revolution that offered tools to understand these systems but never fully materialized, and the neoliberal revolution that reshaped society while ignoring that increasingly, systems rather than people make the decisions affecting our lives. These accountability machines, as Davies calls them, operate according to their own logic and constraints. Understanding them is essential for grasping why institutional failures seem both inevitable and impossible to prevent within our current frameworks. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/public-policy
For this episode of Liminal Library, I interviewed Dan Davies about The Unaccountability Machine: Why Big Systems Make Terrible Decisions—and How the World Lost Its Mind (U Chicago Press, 2025). Davies examines how we've systematically engineered responsibility out of our institutions, creating a world where major decisions happen without clear human accountability. Davies draws on Stafford Beer's cybernetics to explain how modern organizations function as systems with their own patterns and responses. As he puts it, "the system is not conscious and so does not have incentives, but it has consistent patterns of response to stimuli." This isn't about individual moral failures – it's about the industrialization of decision-making itself. We've moved from Harry Truman's "The Buck Stops Here" to complex processes and standardized criteria that diffuse responsibility across multiple layers. When things go wrong – financial crises, environmental failures, social breakdowns – no single person can be held accountable because no single person actually made the decision. Davies traces this transformation through three revolutions: the managerial revolution that shifted control from owners to professional administrators, the cybernetic revolution that offered tools to understand these systems but never fully materialized, and the neoliberal revolution that reshaped society while ignoring that increasingly, systems rather than people make the decisions affecting our lives. These accountability machines, as Davies calls them, operate according to their own logic and constraints. Understanding them is essential for grasping why institutional failures seem both inevitable and impossible to prevent within our current frameworks. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics
For this episode of Liminal Library, I interviewed Dan Davies about The Unaccountability Machine: Why Big Systems Make Terrible Decisions—and How the World Lost Its Mind (U Chicago Press, 2025). Davies examines how we've systematically engineered responsibility out of our institutions, creating a world where major decisions happen without clear human accountability. Davies draws on Stafford Beer's cybernetics to explain how modern organizations function as systems with their own patterns and responses. As he puts it, "the system is not conscious and so does not have incentives, but it has consistent patterns of response to stimuli." This isn't about individual moral failures – it's about the industrialization of decision-making itself. We've moved from Harry Truman's "The Buck Stops Here" to complex processes and standardized criteria that diffuse responsibility across multiple layers. When things go wrong – financial crises, environmental failures, social breakdowns – no single person can be held accountable because no single person actually made the decision. Davies traces this transformation through three revolutions: the managerial revolution that shifted control from owners to professional administrators, the cybernetic revolution that offered tools to understand these systems but never fully materialized, and the neoliberal revolution that reshaped society while ignoring that increasingly, systems rather than people make the decisions affecting our lives. These accountability machines, as Davies calls them, operate according to their own logic and constraints. Understanding them is essential for grasping why institutional failures seem both inevitable and impossible to prevent within our current frameworks. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/science-technology-and-society
For this episode of Liminal Library, I interviewed Dan Davies about The Unaccountability Machine: Why Big Systems Make Terrible Decisions—and How the World Lost Its Mind (U Chicago Press, 2025). Davies examines how we've systematically engineered responsibility out of our institutions, creating a world where major decisions happen without clear human accountability. Davies draws on Stafford Beer's cybernetics to explain how modern organizations function as systems with their own patterns and responses. As he puts it, "the system is not conscious and so does not have incentives, but it has consistent patterns of response to stimuli." This isn't about individual moral failures – it's about the industrialization of decision-making itself. We've moved from Harry Truman's "The Buck Stops Here" to complex processes and standardized criteria that diffuse responsibility across multiple layers. When things go wrong – financial crises, environmental failures, social breakdowns – no single person can be held accountable because no single person actually made the decision. Davies traces this transformation through three revolutions: the managerial revolution that shifted control from owners to professional administrators, the cybernetic revolution that offered tools to understand these systems but never fully materialized, and the neoliberal revolution that reshaped society while ignoring that increasingly, systems rather than people make the decisions affecting our lives. These accountability machines, as Davies calls them, operate according to their own logic and constraints. Understanding them is essential for grasping why institutional failures seem both inevitable and impossible to prevent within our current frameworks. Learn more about your ad choices. Visit megaphone.fm/adchoices
For this episode of Liminal Library, I interviewed Dan Davies about The Unaccountability Machine: Why Big Systems Make Terrible Decisions—and How the World Lost Its Mind (U Chicago Press, 2025). Davies examines how we've systematically engineered responsibility out of our institutions, creating a world where major decisions happen without clear human accountability. Davies draws on Stafford Beer's cybernetics to explain how modern organizations function as systems with their own patterns and responses. As he puts it, "the system is not conscious and so does not have incentives, but it has consistent patterns of response to stimuli." This isn't about individual moral failures – it's about the industrialization of decision-making itself. We've moved from Harry Truman's "The Buck Stops Here" to complex processes and standardized criteria that diffuse responsibility across multiple layers. When things go wrong – financial crises, environmental failures, social breakdowns – no single person can be held accountable because no single person actually made the decision. Davies traces this transformation through three revolutions: the managerial revolution that shifted control from owners to professional administrators, the cybernetic revolution that offered tools to understand these systems but never fully materialized, and the neoliberal revolution that reshaped society while ignoring that increasingly, systems rather than people make the decisions affecting our lives. These accountability machines, as Davies calls them, operate according to their own logic and constraints. Understanding them is essential for grasping why institutional failures seem both inevitable and impossible to prevent within our current frameworks. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/finance
Have businesses become less accountable? If something goes wrong with your flight, train, or takeaway, you'll probably struggle to get a helpful response from someone. Today's guest on Nudge, economist Dan Davies, says this is by design. He calls them Unaccountability Machines, and they're taking over. He explains that they've caused the world's largest defamation settlement against Fox News, almost destroyed Boeing, and even massacred 400 Chinese squirrels. --- Dan's book: https://profilebooks.com/work/the-unaccountability-machine/ Dan's Nudgestock talk: https://youtu.be/W-2He-YzjRg?si=Gqk30nCPLDxxEh52 Subscribe to the (free) Nudge Newsletter: https://nudge.ck.page/profile Connect on LinkedIn: https://www.linkedin.com/in/phill-agnew-22213187/ Watch Nudge on YouTube: https://www.youtube.com/@nudgepodcast/ --- Today's sources: BBC News. (1999, April 15). Dutch airline in squirrel shredding row. BBC News. http://news.bbc.co.uk/2/hi/europe/320810.stm Davies, D. (2024). The Unaccountability Machine: Why big systems make terrible decisions—and how the world lost its mind. Profile Books.
Was bringt die Zukunft der KI? Erleben wir gerade das Ende der Arbeit oder wird mit KI geradezu ein Ende der Stagnation (im Westen) eingeleitet? Wird uns KI befreien oder unterwerfen? Steht gar die Singularität vor der Tür? All diese Fragen und Prognosen werde ich nicht beantworten, sondern werde vielmehr versuchen, sinnvolle Fragestellungen im Umfeld der KI zu entwickeln und versuchen sie in einen Kontext zu stellen. Diese Folge wird also Fragen aufwerfen sie aber bewusst nicht beantworten. Es ist der Versuch (nach Ralph Ruthardt) einer konstruktiven Irritation. Sie soll helfen, zu neuen Ideen zu kommen, auch zu irritieren und zum Nachdenken anzuregen. (Sollte ich die eine oder andere Frage doch versuchen zu beantworten, verzeihen Sie mir, dieser Podcast ist noch von Menschen, nicht von KI gemacht.) Hörer werden unterschiedliche Antworten finden. Auch wird es zahlreiche Fragen und Aspekte geben, die ich nicht bedacht habe. Teilen Sie Ihre Erkenntnisse und Kritik! Ein Posting auf X mit Referenz an mich wäre eine gute Möglichkeit, auch E-Mails sind gerne gesehen. Hier noch einige Zitate aus der Episode im Original: “big data all comes from the same place – the past.”, Rory Sutherland “I said that he was my superior in observation and deduction. If the art of the detective began and ended in reasoning from an arm-chair, my brother would be the greatest criminal agent that ever lived. But he has no ambition and no energy. He will not even go out of his way to verify his own solutions, and would rather be considered wrong than take the trouble to prove himself right. Again and again I have taken a problem to him, and have received an explanation which has afterwards proved to be the correct one. And yet he was absolutely incapable of working out the practical points which must be gone into before a case could be laid before a judge or jury.”, Sherlock Holmes “AI technology is exceptionally expensive, and to justify those costs, the technology must be able to solve complex problems, which it isn't designed to do.”, Jim Covello “the US is currently placing its money on one huge bet: that AI will unleash a productivity revolution so great it will ultimately re-start the economy it's presently impeding.” […] “Over the same three years that the AI revolution has been in full swing, labour productivity has grown at barely 1% a year, maintaining a decades-long trend of declining growth across Western countries.”, John Rapley »Die aufeinanderfolgenden neuen Waffensysteme zeichneten sich durch wachsende operative Schnelligkeit aus, beginnend mit operativen Entscheidungen […], und gerade diese wachsende Schnelligkeit brachte den prinzipiell unberechenbaren Zufallsfaktor ebenfalls ins Spiel. Das ließe sich wie folgt formulieren: ‘Unerhört schnelle Systeme begehen unerhört schnell Fehler.' Dort wo Bruchteile von Sekunden […] entscheiden, ist es unmöglich, militärisch-strategische Gewissheit zu erzielen, oder anders: Man wird nicht mehr zwischen Sieg und Niederlage unterscheiden können.«, Stanislaw Lem »Die Politiker der parlamentarisch regierten Länder bewältigten schon im vergangenen Jahrhundert nicht einmal alle Probleme des eigenen Staates, geschweige denn die Weltprobleme, und darum hatten sie Berater. […] Mit der Zeit nahmen sie Computersysteme zu Hilfe, und zu spät erkannte man, daß die Menschen zu Sprachrohren ihrer Computer wurden. Sie meinten, sie selbst seien es, die die Dinge überdenken und Schlüsse ziehen […]. Doch tatsächlich operierten sie mit einem vom Rechenzentrum vorfabrizierten Material, und dieses Material bestimmte die menschlichen Entscheidungen.«, Stanislaw Lem “If the economy is an information-processing system, does that mean that every corporation is an artificial intelligence? If people are worried about out-of-control AI taking over the world and destroying everything, shouldn't we have been trying to do something about them at least seventy years ago – and probably more like two hundred?”, Dan Davies "The Czar himself is powerless against the bureaucratic body; he can send any one of them to Siberia, but he cannot govern without them, or against their will. The experience of imperial China was very much the same.”, John Stuart Mill Referenzen Alexander Schatten auf X Weitere Episoden Episode 129: Rules, A Conversation with Prof. Lorraine Daston Episode 128: Aufbruch in die Moderne — Der Mann, der die Welt erfindet! Episode 125: Ist Fortschritt möglich? Ideen als Widergänger über Generationen Episode 122: Komplexitätsillusion oder Heuristik, ein Gespräch mit Gerd Gigerenzer Episode 121: Künstliche Unintelligenz Episode 119: Spy vs Spy: Über künstlicher Intelligenz und anderen Agenten Episode 118: Science and Decision Making under Uncertainty, A Conversation with Prof. John Ioannidis Episode 109: Was ist Komplexität? Ein Gespräch mit Dr. Marco Wehr Episode 103: Schwarze Schwäne in Extremistan; die Welt des Nassim Taleb, ein Gespräch mit Ralph Zlabinger Episode 100: Live im MQ, Was ist Wissen. Ein Gespräch mit Philipp Blom Episode 71: Stagnation oder Fortschritt — eine Reflexion an der Geschichte eines Lebens Episode 68: Modelle und Realität, ein Gespräch mit Dr. Andreas Windisch Episode 65: Getting Nothing Done — Teil 2 Episode 64: Getting Nothing Done — Teil 1 Fachliche Referenzen Frey, C. B., & Osborne, M. A. (2013). The Future of Employment: How Susceptible Are Jobs to Computerisation? Oxford Martin School, University of Oxford Rory Sutherland, Alchemy, WH Allen (2021) Roger Penrose on AI and consciousness Arthur Conan Dolye, The Adventure of the Greek Interpreter, Strand Magazine (1893) John Rapley, Is the AI Bubble about to Burst? Unherd (2025) GEN AI: To Much Spend, Too Little Benefit? Goldman Sachs (2024) Stanislaw Lem, Waffensysteme des 21. Jahrhunderts (1983) Dan Davies, The Unaccountability Machine, Why Big Systems Make Terrible Decisions - and How The World Lost its Mind, Profile Books (2024)
Today I'm joined by Dan Davies, Author and Former Economist, for a fascinating discussion on how systems, algorithms and AI are changing the world around us. Sponsored by https://www.b2bframeworks.com Brought to you in partnership with https://awardsinternational.com
On this episode of the Energy Security Cubed Podcast, Kelly Ogle and Joe Calnan talk with Kathryn Porter about the frequency issues and outages caused by mixing aging grid infrastructure with inverter-based resources, and what Western countries can do to bolster their grids. // For the intro, Kelly and Joe discuss Israel's strike on Iran and the nightmare scenario: an Iranian decision to close the Strait of Hormuz. // Guest Bio: - Kathryn Porter is the founder of Watt-Logic: https://watt-logic.com/ // Host Bio: - Kelly Ogle is Managing Director of the Canadian Global Affairs Institute - Joe Calnan is VP, Energy and Calgary Operations at the Canadian Global Affairs Institute // Reading recommendations: - "The Unaccountability Machine", by Dan Davies: https://www.amazon.ca/Unaccountability-Machine-Dan-Davies/dp/1788169549 // Interview recording Date: June 13, 2025 // Energy Security Cubed is part of the CGAI Podcast Network. Follow the Canadian Global Affairs Institute on Facebook, Twitter (@CAGlobalAffairs), or on LinkedIn. Head over to our website at www.cgai.ca for more commentary. // Produced by Joe Calnan. Music credits to Drew Phillips.
US lawmakers endorsed digital tokens backed by dollars like Tether and USDC, collectively worth $250 bln. In this episode of The Big View podcast, banks analyst and author Dan Davies explains the risks of mingling supposedly solid crypto assets with the regulated banking system.
Jerry and Stably discuss The Unaccountability Machine by Dan Davies, a book exploring why large systems often produce irrational outcomes. While the subtitle promises insight into how “the world lost its mind,” the hosts note the book leans heavily into cybernetics and systems theory, which was unexpected. They reflect on a shared cultural sense that “something has gone wrong,” but critique the book for offering a diffuse diagnosis—pointing vaguely at free market capitalism and systemic complexity without a clear prescriptive argument. The conversation highlights both the book's ambition and its lack of concrete answers to institutional dysfunction.
The Columbia Workshop ||The Fall of the City || Broadcast: April 11, 1937Written by Archibald MacLeish, is the first American verse play written for radio. The 30-minute radio play was first broadcast April 11, 1937, at 7 p.m. ET over the Columbia Broadcasting System (today CBS) as part of the Columbia Workshop radio series. The cast featured Orson Welles and Burgess Meredith. Music was composed and directed by Bernard Herrmann. It is an allegory on the rise of Fascism.Cast of characters:House Jameson as Studio Director; Orson Welles as Announcer; Adelaide Klein as Dead Woman; Carleton Young as 1st Messenger; Burgess Meredith as Orator; Dwight Weist as 2nd Messenger; Edgar Stehli as Priest; William Pringle as General; Guy Repp, Brandon Peters, Karl Swenson, Dan Davies, and Kenneth Delmar as Antiphonal ChorusProduction:This section possibly contains original research. Please improve it by verifying the claims made and adding inline citations. Statements consisting only of original research should be removed.The play was broadcast live from the drill hall of the Seventh Regiment Armory in Manhattan, New York. The site was chosen for the acoustic properties needed for the production. The principal director was Irving Reis who was also the producer. Music was composed and directed by Bernard Herrmann, music director of the Columbia Workshop. William N. Robson was responsible for crowd supervision; Brewster Morgan was editorial supervisor; and the stage manager was Earle McGill.The production involved the construction of a soundproof isolation booth for Welles. Two hundred extras were used for the crowds, drawn from New York University students, New Jersey high school students and boys clubs.To simulate a crowd of 10,000, Reis recorded the sounds of the extras during rehearsals, including their shouts. During the actual performance, these recordings were played at four different locations in the Armory; the recordings were played at slightly different speeds to give the effect of a larger crowd.: : : : :My other podcast channels include: MYSTERY x SUSPENSE -- DRAMA X THEATER -- SCI FI x HORROR -- COMEDY x FUNNY HA HA -- VARIETY X ARMED FORCES.Subscribing is free and you'll receive new post notifications. Also, if you have a moment, please give a 4-5 star rating and/or write a 1-2 sentence positive review on your preferred service -- that would help me a lot.Thank you for your support.https://otr.duane.media | Instagram @duane.otr#orsonwelles #oldtimeradio #otr #radioclassics #citizenkane #oldtimeradioclassics #classicradio #mercurytheatre #duaneotr:::: :This podcast uses the following third-party services for analysis: Podtrac - https://analytics.podtrac.com/privacy-policy-gdrp
In this episode, Patrick McKenzie (@patio11) is joined by Mikey Dickerson to discuss the complex realities behind government software projects. Mikey shares insights from leading the healthcare.gov rescue effort and founding the United States Digital Service, explaining how procurement processes create requirements through committee decision-making without market-based feedback loops. They explore how government systems handle software development differently than industry, with Mikey noting that the issues are less about individual competence and more about systemic incentives that reward risk aversion. The conversation covers the challenges of "modernization" efforts, the loss of organizational management knowledge over decades, and reflection on when and how technologists might effectively contribute to public service. –Full transcript available here: –Sponsor: MercuryThis episode is brought to you by Mercury, the fintech trusted by 200K+ companies — from first milestones to running complex systems. Mercury offers banking that truly understands startups and scales with them. Start today at Mercury.com Mercury is a financial technology company, not a bank. Banking services provided by Choice Financial Group, Column N.A., and Evolve Bank & Trust; Members FDIC.–Recommended in this episode: www.complexsystemspodcast.com/fixing-government-technology-with-mikey-dickerson/Bureaucracy by James Q. Wilson: https://www.amazon.com/Bureaucracy-Government-Agencies-Basic-Classics/dp/0465007856 Movie: The Pentagon Wars https://en.wikipedia.org/wiki/The_Pentagon_Wars Mikey Dickerson's company Layer Aleph: https://layeraleph.com/ Marina Nitze's article, I tried to fix government tech for years: https://reason.com/2025/02/13/i-tried-to-fix-government-tech-for-years-im-fed-up/Complex Systems with Dan Davies https://open.spotify.com/episode/5QKxzgumJXSQuaWCmYAoM9?si=uQWgAx1iSzGm5iCUBWei8A Complex Systems with Dave Guarino https://open.spotify.com/episode/0UlTIRosmjtvpcdHQ7t2tK?si=MlUqO3uWRie1E_GRQ5D7jg –Timestamps:(00:00) Intro(00:24) Government software procurement(06:02) Fighter planes and requirements(08:37) Software development cycles(11:37) Deadline challenges(12:18) California vaccine scheduling(16:15) Pandemic priorities(17:27) Sponsor: Mercury(18:40) Government employee competence(22:30) Government pay scales(25:56) IRS modernization reports(27:48) System modernization plans(34:33) Healthcare.gov lessons(40:29) Feedback loops in civil service(44:09) Legislative expertise(46:49) Applied mathematics(47:57) Loss of knowledge(49:28) Tour of duty recommendation(53:06) Wrap
We take a chainsaw to Elon Musk's self-made image and talk about the twisted family tree that raised the world's richest man. FAMILY COVERED: - Papa Errol Musk, a man who raised his kids by dropping them on survival missions and later fathered two kids with his stepdaughter - Kimball Musk, Elon's lesser-known brother who's more Cochellahead than colonizer - Joshua Haldemann (Elon's Canadian Nazi grandpa) - Maye Musk - Supermodel mom Including: Hammerdome, Trump's literacy, male vs female daddy issues. If you've ever wondered what creates a man who names his kid X Æ A-12 and fights Twitter users like it's Thunderdome, this one's for you. Suggestion of someone we should cover or have a follow-up question/correction from one of the episodes? Write in! overshadowedpod@gmail.com Check out the Patreon: https://www.patreon.com/overshadowedpodcast Recorded April 2025 And follow us on social media! https://linktr.ee/overshadowed_podcast Instagram: @Overshadowed_Podcast @zachrussellcomedy @charles_engle YouTube: Overshadowed Podcast Zach Russell Charles Engle TikTok: Overshadowed Podcast Zach Russell Charles Engle Produced by Zach Russell Intro/Outro music by Mokka!
The Double Pivot: Soccer analysis, analytics, and commentary
We are joined by Dan Davies, author of the fantastic new book The Unaccountability Machine, to talk about the book and the new ways of thinking about business and capitalism that he introduces, and then to discuss how this model of thinking can help explain why European football is the way it is.The Unaccountability Machine: https://press.uchicago.edu/ucp/books/book/chicago/U/bo252799883.htmlDan Davies' newsletter, Back of Mind: https://backofmind.substack.com/Support the show
In dieser Folge steht das Thema »Künstliche Unitelligenz« im Mittelpunkt – ein Begriff, der aus einem Artikel aus dem Spectator stammt: Britain has become a pioneer in Artificial Unintelligence. Was genau verbirgt sich hinter dieser Idee? »Artificial Unintelligence is the means by which people of perfectly adequate natural intelligence are transformed by policies, procedures and protocols into animate but inflexible cogs. They speak and behave, but do not think or decide.« Wie werden aus Menschen mit natürlicher Intelligenz bloß unflexible Rädchen? Wir reflektieren die zunehmende Strukturierung und Standardisierung in Organisationen, um mit wachsender gesellschaftlicher Komplexität umgehen zu können. Ein Ausgangspunkt der Episode ist die Frage, warum wir in immer mehr Organisationen eine strukturelle und individuelle Inkompetenz erleben? Ein Zitat aus dem genannten Artikel fasst es treffend zusammen: »‘I didn't find anything in common in these cases,' I said, ‘except the stupidity of your staff. I expected him to get angry, but he maintained a Buddha-like calm. ‘Oh, I know,' he replied, ‘but that is the standard expected now.'« Wie konnte es so weit kommen? Liegt es an der Industrialisierung, die laut Dan Davies in The Unaccountability Machine besagt: »A very important consequence of industrialisation is that it breaks the connection between the worker and the product.« Oder hat es damit zu tun, wie wir mit Überwältungung durch Information umgehen. »When people are overwhelmed by information, they always react in the same way – by building systems.« Sind Menschen, die individuell denken, in solchen Systemen eher hinderlich als hilfreich? Doch was passiert, wenn komplexe Probleme auftreten, die Flexibilität und Kreativität erfordern? Sind unsere Organisationen überhaupt noch in der Lage, mit unerwarteten Situationen umzugehen, oder arbeiten sie nur noch »maschinenhaft« nach Vorgaben – und das mit einem Maschinenverständnis des 19. Jahrhunderts? Ist die Stagnation, die wir seit Jahrzehnten spüren, ein Symptom dieses Systemversagens? Und wie hängt das mit der sogenannten »Unaccountability Machine« zusammen, die Davies beschreibt und die man im Deutschen vielleicht als »Verantwortungslosigkeits-Maschine« bezeichnen könnte? Kann es sogar sein, dass manche Strukturen bewusst als »self-organising control fraud« gestaltet sind? Ein weiteres damit verbundenes Thema ist: Wie beeinflussen moderne Prognose-Tools wie Recommender Systems unser Verhalten? Dienen sie wirklich dazu, bessere Entscheidungen zu ermöglichen, oder machen sie uns hauptsächlich vorhersagbarer? »Menschen, die dies und jedes gekauft/gesehen haben, haben auch dies gekauft/gesehen« – ist das noch Prognose oder schon Formung des Geschmacks? Und was ist mit wissenschaftlichen Modellen komplexer Systeme, die oft relativ beliebige Ergebnisse liefern? Formen sie nicht auch die Meinung von Wissenschaftlern, Politikern und der Gesellschaft – etwa durch die überall beobachtbare schlichte Medienberichterstattung? Bleibt außerdem der Mensch wirklich »in the loop«, wie oft behauptet wird, oder ist er längst ein »artificial unintelligent man in the loop«, der Empfehlungen des Systems kaum hinterfragen kann? Die Episode wirft auch einen kritischen Blick auf naive Ideologien wie das »Scientific World Management« von Alfred Korzybski, der schrieb: „it will give a scientific foundation to Political Economy and transform so-called ‘scientific shop management' into genuine ‘scientific world management.'“ War dieser Wunsch nach dem Ersten Weltkrieg verständlich, aber letztlich völlig missgeleitet? Und warum erleben wir heute eine Wiederkehr des naiven Szientismus, der glaubt, »die Wissenschaft« liefere objektive Antworten? Wie hängen solche Ideen mit Phänomenen wie »Science Diplomacy« zusammen? Die zentrale Frage der Episode lautet: Wie erreicht man, dass Menschen in Verantwortung korrekt im Sinne des definierten Zwecks der Organisation entscheiden? Doch was ist überhaupt der Zweck eines Systems? Stafford Beer sagt: »The purpose of a system is what it does.« Stimmt der definierte Zweck – etwa Gesundheit im Gesundheitssystem – noch mit der Realität überein? Warum entscheiden Ärzte oft defensiv im eigenen Interesse statt im Interesse der Patienten? Und wie überträgt sich dieses Verhalten auf andere Organisationen – von Ministerien bis hin zur Wissenschaft? Davies beschreibt das ab Beispiel des akademischen Publikationswesens so: „A not-wholly-unfair analysis of academic publishing would be that it is an industry in which academics compete against one another for the privilege of providing free labour for a profitmaking company, which then sells the results back to them at monopoly prices.“ Und weiter: „The truly valuable output of the academic publishing industry is not journals, but citations.“ Was ist aus der Idee geworden, dass die Generierung von neuem und relevantem Wissen die Aufgabe von Wissenschaft, Förderung und Publikationswesen ist? Zum Abschluss stelle ich die Frage: Wie können Systeme so gestaltet werden, dass Verantwortung wieder übernommen wird? Wie balanciert man die Zuordnung von Konsequenzen mit der Möglichkeit, ehrlich zu scheitern – ohne Innovation zu ersticken? Und was sind »Luxury Beliefs« – jene modischen Ideen elitärer Kreise, die sie selbst nicht tragen müssen, während sie für andere zur existenziellen Bedrohung werden? Die Episode endet so mit einem Aufruf zur Diskussion: Wie lösen wir diesen Spagat zwischen Verantwortung und Risiko in einer immer komplexeren Welt? Referenzen Andere Episoden Episode 119: Spy vs Spy: Über künstlicher Intelligenz und anderen Agenten Episode 118: Science and Decision Making under Uncertainty, A Conversation with Prof. John Ioannidis Episode 117: Der humpelnde Staat, ein Gespräch mit Prof. Christoph Kletzer Episode 116: Science and Politics, A Conversation with Prof. Jessica Weinkle Episode 106: Wissenschaft als Ersatzreligion? Ein Gespräch mit Manfred Glauninger Episode 103: Schwarze Schwäne in Extremistan; die Welt des Nassim Taleb, ein Gespräch mit Ralph Zlabinger Episode 93: Covid. Die unerklärliche Stille nach dem Sturm. Ein Gespräch mit Jan David Zimmermann Episode 91: Die Heidi-Klum-Universität, ein Gespräch mit Prof. Ehrmann und Prof. Sommer Episode 84: (Epistemische) Krisen? Ein Gespräch mit Jan David Zimmermann Fachliche Referenzen Britain has become a pioneer in Artificial Unintelligence | The Spectator (2025) Davies, Dan. The Unaccountability Machine: Why Big Systems Make Terrible Decisions - and How The World Lost its Mind, Profile Books (2024) Alfred Korzybski, Manhood of Humanity (1921) Jessica Weinkle, What is Science Diplomacy (2025) Nassim Taleb, Skin in the Game, Penguin (2018) Rob Henderson, 'Luxury beliefs' are latest status symbol for rich Americans, New York Post (2019) Lorraine Daston, Rules, Princeton Univ. Press (2023)
Modern industrial economies were made possible by automation and mass production, but also by something similar going on inside the world of management. Where once all the decisions were made by an identifiable boss, now they are farmed out to rule books, bureaucracies and computer algorithms — and nobody is individually accountable for them. The FT's Andrew Hill speaks to Dan Davies, economist and author of The Unaccountability Machine, who explains how the industrialisation of management decision-making was inevitable in our increasingly complex world but has had unforeseen consequences, such as “accountability sinks” and the rise of populist politicians. Nonetheless, there are solutions, including AI, the 1950s management theory of cybernetics and the return of the much-maligned middle manager.Andrew Hill is senior business writer at the Financial Times and consulting editor at FT Live. You can find his latest features and columns here, and enjoy his Big Read on the woes of America's industrial giants here.Subscribe to The Economics Show on Apple, Spotify, Pocket Casts or wherever you listen.Presented by Andrew Hill. Produced by Edith Rousselot and Laurence Knight. The editor is Bryant Urstadt. Manuela Saragosa is the executive producer. Audio mix and original music by Breen Turner. The FT's head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
From Brad de Long's review of the book:Understanding how to make our systems more accountable and more human may not be the key to our survival, but it is certainly the key to our happiness and prosperity. Become a member at https://plus.acast.com/s/the-other-hand-with-jim.power-and-chris.johns. Hosted on Acast. See acast.com/privacy for more information.
Why is it seemingly so difficult to find a human to speak to when having an issue with your bank or mobile phone company? And if you do, why do they sound like robots and/or aren't empowered to make a decision that will solve your problem? More broadly and worryingly, why is it nearly impossible to hold an individual accountable for decisions that led to a major societal or organisational calamity like the Global Financial Crisis, or the UK's Post Office Scandal? Something is going on, and today, we're going to talk about it. My guest is author Dan Davies, and we are talking about his latest book, The Unaccountability Machine - Why Big Systems Make Terrible Decisions and How the World Lost Its Mind. The book was long-listed for the Financial Times and Schroder's Business Books of the Year. Dan is a former investment banker turned author. His previous book, Lying for Money, was about the 2008 global financial crisis in which no banker went to jail. Dan became interested in why that was the case and to see if the same types of causes for that exist elsewhere. And they do. And it led him to write The Unaccountability Machine. Dan also has a wonderful term called the “accountability sink”, in which a human system delegates decision-making to a rule book rather than an individual, which means that when something goes wrong, no one is to blame. We get into all of that and so much more. Show notes: -The Unaccountability Machine: https://profilebooks.com/work/the-unaccountability-machine/ -Dan's newsletter: https://backofmind.substack.com/ -Dan's author page: https://profilebooks.com/contributor/dan-davies/ -Lying for Money: https://www.goodreads.com/book/show/38605195-lying-for-money?from_search=true -Dan's previous appearance on the podcast: https://allthingsrisk.libsyn.com/ep-89-dan-davies-lying-for-money -Stafford Beer: https://en.wikipedia.org/wiki/Stafford_Beer -Brian Eno: https://en.wikipedia.org/wiki/Brian_Eno -“Designing Freedom”, Stafford Beer's lectures from the Canadian Broadcasting Corporation (CBC): https://www.youtube.com/watch?v=SNVZ3IuNlXY&list=PLW6YNX5jIRDEvjZz0_icNAaelHXArzfc- -Norbert Wiener: https://en.wikipedia.org/wiki/Norbert_Wiener -Neural Networks: https://en.wikipedia.org/wiki/Neural_network_(machine_learning) -Variety engineering: https://en.wikipedia.org/wiki/Variety_(cybernetics) -Good regulator in management cybernetics: https://en.wikipedia.org/wiki/Good_regulator -Ben Recht: https://people.eecs.berkeley.edu/~brecht/bio.html -Jen Pahlka's Recoding America: https://www.goodreads.com/book/show/61796680-recoding-america -William Butler Adams / Brompton Bicycles: https://en.wikipedia.org/wiki/Will_Butler-Adams _ _ _ _ _ _ _ _ Learn more about The Decision-Making Studio: https://thedecisionmaking.studio/ All our podcast episodes are here: https://thedecisionmaking.studio/podcast Our latest newsletter: https://us19.campaign-archive.com/?u=f19fc74942b40b513cf66af32&id=1e2a6c0ea9
Why do our most complex systems—from financial markets to corporate behemoths—consistently produce outcomes that nobody intended, and what forgotten science might hold the key to fixing them?Dan Davies is an economist and author of the books, Lying for Money: How Legendary Frauds Reveal the Workings of Our World and most recently, The Unaccountability Machine: Why Big Systems Make Terrible Decisions - and How The World Lost its Mind. Dan and Greg discuss the complexities of fraud in financial systems and why no individual seems accountable for major financial crises, how the historical and intellectual foundations of cybernetics and systems thinking can be applied to improving organizational design, and the role of information theory in management.*unSILOed Podcast is produced by University FM.*Show Links:Recommended Resources:Payment protection insurance“Canadian university loses $10m in phishing scam” | BBC“A Mathematical Theory of Communication” by Claude ShannonCybernetics: Or Control and Communication in the Animal and the Machine by Norbert WienerAlan Turing Kurt GödelStafford Beer Alfred D. Chandler, Jr.Michael C. JensenW. Ross AshbyHis Work:Lying for Money: How Legendary Frauds Reveal the Workings of Our WorldThe Unaccountability Machine: Why Big Systems Make Terrible Decisions - and How The World Lost its MindThe Brompton: Engineering for ChangeEpisode Quotes:Fraud thrives where trust exists13:58: If you want to commit a big fraud, you don't go somewhere where there's low trust. You go somewhere where, as long as you show up, wear a nice suit, smile, and say please and thank you, people will assume that you're honest. But the thing is, that's what you want to do if you want to run a legitimate business too. So, people always say that the cost of fraud is never the amount of money that's stolen; it's the amount of legitimate business that doesn't get done. And that's just really saying that trust is an incredibly efficient way of organizing your economy compared to checking. Checking and trust are basically the only two kinds of technologies we have to ensure the integrity of information. And of the two of them, trust is a lot more efficient.How fraud disrupts an economy03:48: Fraud happens when not only does your assumption of perfect information break down, but there's some actual anti-information there. There's some actively false and misleading information that's been injected intentionally.Why investors and economists lead in a data-driven era58:40: A lot of the reason why economists rule the world in policy is the same reason why more and more companies are run by their investors or their investor relations departments. It's because they collect the data, and the economists collect the numbers that are used to make up the world of facts.
This is a tribute to a dear friend of The Nowhere Office, Charles Handy, the management writer, who died this week aged 92. Julia Hobsbawm and Stefan Stern are joined by the FT's Andrew Hill to discuss Handy's life and legacy, his extremely sharp predictions about work, the humanism at the heart of his thinking, and his unconventional practices like ‘empty chair' exercises. We have included an interview with Charles Handy from the very first episode of The Nowhere Office. In this episode's My Working Life segment, Indrani Sen, Features Editor at Fortune Magazine, tells us about journalism on 9/11 in New York, the sheer fun of her job, anxiety in legacy media, and a possible career shift. This sponsored feature is brought to you in association with Whitefox—exceptional publishers for exceptional stories. Learn more at wearewhitefox.com. The Nowhere Office is a Fully Connected Production in partnership with Sandstone Global Productions. Music by Julian Brezon. Discover more at workathon.io. Books mentioned in the episode: By Charles Handy: The Gods of Management: The Changing Work of Organizations (OUP, 1979) The Age of Unreason: New Thinking for a New World (Random House Business, 1989) The Empty Raincoat: Making Sense of the Future (Random House Business, 1995) The Elephant and the Flea: New Thinking for a New World (Random House Business, 2002) The Second Curve: Thoughts on Reinventing Society (Random House Business, 2015). Also mentioned: Dan Davies, The Unaccountability Machine: Why Big Systems Make Terrible Decisions - and How The World Lost its Mind (Profile Books, 2024). Learn more about your ad choices. Visit megaphone.fm/adchoices
In The Unaccountability Machine: Why Big Systems Make Terrible Decisions and How the World Lost Its Mind, Dan Davies examines why companies and governments systematically generate outcomes that everyone involved claims they do not want.Davies is an economist, writer, and former investment banker known for his insightful analysis of finance, corporate governance, and decision-making systems. He has written extensively on topics such as financial fraud, accountability in organizations, and the intersections of economics and management. His latest book combines cybernetics theory and real-world examples to explain how decisions are increasingly made not by accountable individuals, but by systems.In his conversation with Martin Reeves, chairman of the BCG Henderson Institute, Davies describes the pathologies of failing decision-making systems, explains why we tend not to learn from past mistakes, and outlines why he worries that AI might not improve our capability to make decisions unless we carefully redesign decision systems to tap its potential.Key topics discussed: 01:03 | Unintended outcomes generated by decision-making systems07:08 | What we can learn from the theory of cybernetics09:49 | Pathologies of failing information systems11:49 | Why we make the same mistakes again and again14:41 | How AI may impact decision-making16:39 | Steps toward improving our decision-making systemsAdditional inspirations from Dan Davies:The Brompton: Engineering for Change, co-authored by William Butler-Adams (The Experiment, 2022)Lying for Money: How Legendary Frauds Reveal the Workings of the World (Scribner, 2021)Back of Mind (Substack)
In this episode, Patrick McKenzie (patio11) offers a reading of his viral essay, "The optimal amount of fraud is non-zero" with extensive live commentary. Patrick examines payment systems, benefits programs, and pandemic-era policies, to uncover how businesses and governments often intentionally accept some level of fraud as a cost of doing business. Reducing fraud to zero would require such restrictive verification that it would severely hamper legitimate commerce and social programs. Using examples from credit card processing to PPP loans, Patrick illustrates how different industries calibrate their tolerance for fraud based on their margins, mission, and societal role.–Full transcript available here: https://www.complexsystemspodcast.com/fraud-choice-patrick-mckenzie–Sponsor: GiveWell | CheckSupport proven charities that deliver measurable results and learn how to maximize your charitable impact with GiveWell. First-time donors get $100 matched. Go to givewell.org (and type in "Complex Systems" at checkout).Check is the leading payroll infrastructure provider and pioneer of embedded payroll. Check makes it easy for any SaaS platform to build a payroll business, and already powers 60+ popular platforms. Head to checkhq.com/complex and tell them patio11 sent you.–Links:Bits about Money, "The optimal amount of fraud is non-zero" https://www.bitsaboutmoney.com/archive/optimal-amount-of-fraud/Bits about Money, "The fraud supply chain" https://www.bitsaboutmoney.com/archive/the-fraud-supply-chain/ Dan Davies on Complex Systems https://open.spotify.com/episode/5QKxzgumJXSQuaWCmYAoM9?si=AWkgvWEBSymrQNqpehg5tQ–Twitter:@patio11-Timestamps:(00:00) Intro (00:32) Origins of the essay and Dan Davies' influence(02:16) Fraud is a policy choice(04:56) The unique nature of fraud enforcement (07:54) Who pays for payment fraud?(12:55) Fraud as a necessary business expense(21:13) Sponsors: GiveWell & Check(27:43) Credit reports(29:19) Anti fraud loops used in online commerce(35:38) Different business tolerances for fraud(37:20) High vs low margin fraud strategies(41:40) Fraud in Benefit Systems and Pandemic Programs(43:29) Taxes(45:38) Fraud as an intended component(51:55) Wrap
(00:03:18) Auswirkung von US-Wahlen auf Tech und AI https://www.reuters.com/technology/trump-expected-shift-course-antitrust-stop-google-breakup-2024-11-06/ https://www.linkedin.com/feed/update/urn:li:activity:7260230811063390208/ (00:32:30) Anthropic and Palantir Collaborate on AI for Government https://arstechnica.com/ai/2024/11/safe-ai-champ-anthropic-teams-up-with-defense-giant-palantir-in-new-deal/ Palantir earnings https://www.fool.com/investing/2024/11/10/is-palantir-a-better-ai-stock-than-nvidia/ (00:43:29) 25% of new code at Google is now generated by artificial intelligence (AI) https://www.theverge.com/2024/10/29/24282757/google-new-code-generated-ai-q3-2024 (00:57:43) Perplexity Finanzierungsrunde https://www.reuters.com/technology/artificial-intelligence/perplexity-raising-new-funds-9-bln-valuation-source-says-2024-11-06/?utm_source=chatgpt.com (01:03:44) AI-Generated Artwork Breaks Auction Records https://www.bbc.com/news/articles/cpqdvz4w45wo (01:07:10) The Unaccountability Machine von Dan Davies
In this episode, Patrick McKenzie (patio11) is joined by economist and fraud researcher Professor Jetson Luis-Leder to examine the systemic issues underlying government program fraud. Jetson and Patrick discuss healthcare fraud cases, including hospice eligibility manipulation and ambulance transport schemes, and other fraud practices against unemployment and the PPP program. The discussion reveals how institutional constraints, technological limitations, and policy design choices create opportunities for both beneficial and harmful rule violations. They also analyze the ROI of fraud prevention measures, the effectiveness of whistleblower incentives, and how bureaucratic systems can be redesigned to prevent abuse.–Full transcript available here: https://www.complexsystemspodcast.com/defrauding-government-jetson-leder-luis–Sponsors: Check | WorkOSCheck is the leading payroll infrastructure provider and pioneer of embedded payroll. Check makes it easy for any SaaS platform to build a payroll business, and already powers 60+ popular platforms. Head to checkhq.com/complex and tell them patio11 sent you.Building an enterprise-ready SaaS app? WorkOS has got you covered with easy-to-integrate APIs for SAML, SCIM, and more. Start now at https://bit.ly/WorkOS-Turpentine-Network–Links:Jetson's website: https://sites.bu.edu/jetson/ Paper: Ambulance Taxis by Jetson Leder-Luis Ambulance Taxis: The Impact of Regulation and Litigation on Health Care Fraud Paper: Did FinTech Lenders Facilitate PPP Fraud by John M Griffin, Samuel Kruger, Prateek Mahajan https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3906395Paper: Is Fraud Contagious by John M Griffin https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4599654Paper: Unemployment Insurance Fraud in the Debit Card Market by Jetson Leder-Luis with Umang Khetan, Yunrong Zhou and Jialan Wang https://www.nber.org/papers/w32527 Book: Recoding America by Jennifer Pahlka https://www.amazon.com/Recoding-America-Government-Failing-Digital-ebook/dp/B0B8644ZGYPodcast: Jennifer Pahlka on Ezra Kleinhttps://open.spotify.com/episode/2VPErCIG1pbcnYFBojrKcG Podcast: Dave Guarino on Odd Lots https://open.spotify.com/episode/43HI3NuxZGsl13U365xZxa Bits About Money https://www.bitsaboutmoney.com/Related Complex Systems episodes: Dan Davies and Dave Guarino's episodes–Twitter:@patio11@jetson_econ–Timestamps:(00:00) Intro(02:04) Overview of Medicare/Medicaid(02:41) Estimated $50-100B fraud losses(03:31) Taxonomy of healthcare fraud(08:04) Hospice fraud; potentially saved money(16:33) A $10 billion asterisk: ambulances for dialysis patients(21:30) Sponsors: Work OS | Check(24:45) Complexities of fraud detection and prevention(39:02) Pandemic fraud (41:34) Findings on PPP loans fraud(48:19) Supply chain of fraud(52:06) Policy and enforcement challenges(01:08:32) Whistleblower programs (01:14:54) Final thoughts–Complex Systems is part of the Turpentine podcast network. Turpentine also has a social network for top founders and execs: https://www.turpentinenetwork.com/
Author and former Bank of England regulatory economist Dan Davies joins this week to discuss his new book, The Unaccountability Machine, which describes how the cost of large organisations deferring decision-making is a widening “accountability sink.” As companies grow more complicated, the bigger the “sink” gets, he argues. “We've reached a crisis point.” See omnystudio.com/listener for privacy information.
In this episode of Complex Systems, Patrick McKenzie (aka @Patio11) is joined by Dave Guarino, a software engineer and policy wonk. They explore the complexities and challenges of public programs, focusing on SNAP aka CalFresh in California, where Dave was the founding engineer and then director. They discuss how society's complex preferences become policy, driving obviously bad UXes (like 200+ questions for an application) for structural reasons. Patrick and Dave debate structural issues within government agencies that lead to these inefficiencies, the lack of user-centric design, misaligned incentives, a “cavernous gap” in feedback loops, and surprisingly simple ways anyone can influence public policy and improve government systems.–Full transcript available here: https://www.complexsystemspodcast.com/episodes/government-software-dave-guarino/–Sponsors: Check | WorkOSCheck is the leading payroll infrastructure provider and pioneer of embedded payroll. Check makes it easy for any SaaS platform to build a payroll business, and already powers 60+ popular platforms. Head to checkhq.com/complex and tell them patio11 sent you.Building an enterprise-ready SaaS app? WorkOS has got you covered with easy-to-integrate APIs for SAML, SCIM, and more. Start now at https://bit.ly/WorkOS-Turpentine-Network–Links:Dave Guarino's newsletter: https://daveguarino.substack.com/Dan Davies episode of Complex Systems: https://open.spotify.com/show/3Mos4VE3figVXleHDqfXOH–Twitter:@patio11@allafarce–Timestamps:(00:00) Intro(01:03) Complexity of naming government programs(03:45) How policy decisions are made(07:19) Why SNAP applications are so complex(14:17) Why no one stops overly complex applications(18:44) Political economy of different benefit programs(24:56) Sponsor: Check | WorkOS(26:13) Limited visibility into user experience(29:24) Lack of application completion rate tracking(35:27) Starting where you are(43:44) Challenges of modernizing legacy systems(48:35) Broken feedback loops in government(53:01) Tech's understanding of service design(57:07) Issues with improper payments methodology(1:04:45) Effective ways to influence policy(1:09:43) Increasing agency in government agencies(1:14:56) Getting niche policy ideas into circulation(1:18:04) Importance of frontline knowledge and user feedback(1:21:33) Improving government services(1:22:06) Wrap–Complex Systems is part of the Turpentine podcast network. Turpentine also has a social network for top founders and execs: https://www.turpentinenetwork.com/
In this episode, Patrick McKenzie (patio11) is joined by Dan Davies, author of Lying for Money, and The Unaccountability Machine. They discuss how cybernetics–the study of control and communication in complex systems–applies to modern organizations and decision-making. Dan and Patrick discuss how organizations change as they grow, financial fraud and its relevance to systems design, and the process of writing nonfiction books. The conversation touches on pathologies like what happens when organizations insulate decisionmakers from communications channels to on-the-ground reality.–Full transcript available here: https://www.complexsystemspodcast.com/episodes/dan-davies-organizations-fraud/–Sponsor: This podcast is sponsored by Check, the leading payroll infrastructure provider and pioneer of embedded payroll. Check makes it easy for any SaaS platform to build a payroll business, and already powers 60+ popular platforms. Head to checkhq.com/complex and tell them patio11 sent you.–Links: Dan Davies, Lying for Money Dan Davies, The Unaccountability Machine: Why Big Systems Make Terrible Decisions — and How the World Lost Its MindDan Davies Substack: https://backofmind.substack.com/James Gleick, The InformationMalcolm K. Sparrow, License to Steal: How Fraud Bleeds America's Health Care System –Twitter:@patio11@psquareddigest–Timestamps:(00:00) Intro(00:26) The Unaccountability Machine(01:38) History and fundamentals of cybernetics(08:10) Operations research and its evolution(12:08) Theory of the Firm, revisited(15:21) Monopolizing math for fun and profit(18:38) Sponsor: Check(19:50) Role of black boxes in systems(25:11) AI and the future of system management(30:02) Accountability sinks and organizational issues(38:44) Optimism about future of organizational design(43:45) Empowering employees: the CEO's open door policy(46:31) Lying for Money(51:57) Psychology of fraudsters(01:02:52) Fraudogenic environments(01:09:49) Journey of becoming a published author(01:18:13) Effective ways to sell books(01:22:33) Wrap–Complex Systems is part of the Turpentine podcast network.
Finanskriser sker, ekorrar dör, och världen brinner, allt utan att någon riktigt tar ansvar. Dan Davies menar att det finns en ansvarssänka, och har också en lösning. Han har hittat en man som en gång inredde ett chilenskt kontor med 7 stolar och ett förhistoriskt internet.
Economist Dan Davies makes his debut on the pod this week, to talk about his latest book, "The Unaccountability Machine: Why Big Systems Make Terrible Decisions - and How The World Lost its Mind". The book examines the social and political conditions of the last years of neoliberal politics, and how technology is used not to improve people's lives meaningfully, but to obscure power. Dan explains his theories on 'accountability sinks' , and how it can be applied to both macroeconomics and internet culture. He then explains how an old theory of cybernetics and information distribution, first posed by the British theorist Stafford Beer, may hold a solution to the accountability crisis – and might be one of the only methods to combat the emerging far right. ----more----Purchase or order a copy of Dan's book, here: https://profilebooks.com/work/the-unaccountability-machine/ Read Dan's substack, here: https://backofmind.substack.com/ -------- PALESTINE AID LINKS As the humanitarian crisis continues to unfold in Gaza, we encourage anyone who can to donate to Medical Aid for Palestinians. You can donate using the links below. Please also donate to the gofundmes of people trying to escape Rafah, or purchase ESIMs. These links are for if you need a well-respected name attached to a fund to feel comfortable sending money. https://www.map.org.uk/donate/donate https://www.savethechildren.org.uk/how-you-can-help/emergencies/gaza-israel-conflict -------- PHOEBE ALERT Can't get enough Phoebe? Check out her Substack Here! -------- This show is supported by Patreon. Sign up for as little as $5 a month to gain access to a new bonus episode every week, and our entire backlog of bonus episodes! Thats https://www.patreon.com/10kpostspodcast -------- Ten Thousand Posts is a show about how everything is posting. It's hosted by Hussein (@HKesvani), Phoebe (@PRHRoy) and produced by Devon (@Devon_onEarth).
In this podcast we welcome back regular guest, Professor Shane O'Mara, neuroscientist and professor at Trinity College Dublin.I a review of an important new book by Dan Davies, professor Brad de Long of Berkley asks the question: given we are over 15 times better off than our pre-industrial ancestors, why are we so miserable. Davies gives one answer: things have become so complex, few people know how anything works any more and nobody is in charge. So nobody is accountable. 'Nothing works any more' is a constant refrain and Davies gives us his ideas about why so many of us feel that way. His answers may also give pointers as to why the established order - which seems to to make us so unhappy - was overthrown by Brexit, Trump and is going that way in many other countries, not least France.Professor O'Mara pushes back, gently, against some of this. Demagogues know how to trigger the 30ish % of us that have latent authoritarian tendencies. Make us afraid of immigrants, the deep state, Brussels - we all know the mantras by now. Le Pen & co just know how to get a significant minority afraid and angry. Maybe it was ever thus. Chris argues that something has, in fact, changed and some things are worse. Shane says there is plenty of evidence that says we are happier than the headlines suggest. But measuring 'life satisfaction' is nuanced and tricky.But isn't it obvious where the increase in unhappiness has occurred? France, the US the UK?The UK was the first to give manifest expression to its anger with the rupture - disaster - that was Brexit. Maybe because of a form of collective PTSD, Brexit cannot be talked about because of the fear of triggering precisely that post-traumatic stress. Maybe its just too soon to have the adult conversation. But those who brought forth the trauma are about to get their just deserts. Maybe. Populists appeal but cannot deliver - or just govern.Some more thoughts on Biden and cognitive decline - don't jump to hasty conclusions.And much more! Enjoy! We certainly did! Become a member at https://plus.acast.com/s/the-other-hand-with-jim.power-and-chris.johns. Hosted on Acast. See acast.com/privacy for more information.
The girls are in studio with a friend of the podcast Dan Davies. They talk about the first ever episode and origin story. They go through their personal top 5 courses every played. This episode is sponsored by Manscaped & Long Drink.
InvestOrama - Separate Investment Facts from Financial Fiction
George Aliferis and Mark J. Higgins discuss the evolution of the U.S. financial system over the past 230 years, from Alexander Hamilton's foundational contributions to RoaringKitty's Gamestop disruption. They explore the notion of financial progress, the cycles of regulation, what's missing from financial education and advice and how investors can profit from history. Order Investing in US Financial History: https://www.amazon.com/Investing-U-S-Financial-History-Understanding/ TO GO FURTHER
For this week's free episode, we're joined by returning guest and author Dan Davies, whose recent book “The Unaccountability Machine: Why Big Systems Make Terrible Decisions - and How The World Lost its Mind” inspired a discussion of bad AI getting used at the DWP, the post-1970s shareholder revolution, and an incident involving Dutch airport cargo handlers managing to somehow deliver a horrible fate to a box full of squirrels. We very much hope you enjoy. Check out Dan's book here: https://profilebooks.com/work/the-unaccountability-machine/ If you want access to our Patreon bonus episodes, early releases of free episodes, and powerful Discord server, sign up here: https://www.patreon.com/trashfuture *EDINBURGH LIVE SHOW ALERT* We're going to be live at Monkey Barrel comedy at the Edinburgh Fringe on August 14, and you can get tickets here: https://www.wegottickets.com/event/621432 *MILO ALERT* Buy Milo's special ‘Voicemail' here! https://pensight.com/x/miloedwards/digital-item-5a616491-a89c-4ed2-a257-0adc30eedd6d *STREAM ALERT* Check out our Twitch stream, which airs 9-11 pm UK time every Monday and Thursday, at the following link: https://www.twitch.tv/trashfuturepodcast *WEB DESIGN ALERT* Tom Allen is a friend of the show (and the designer behind our website). If you need web design help, reach out to him here: https://www.tomallen.media/ Trashfuture are: Riley (@raaleh), Milo (@Milo_Edwards), Hussein (@HKesvani), Nate (@inthesedeserts), and November (@postoctobrist)
Local filmmaker and author who you may know as Ed Gein from Ed Gein: The Musical, Dan Davies stopped by to tell us about his new book and upcoming movie.
Russ and Waggie are joined by fan guest Dan Davies as well as an oppo preview with Tim from Fearless in Devotion. Subscribe to our Patreon to get exclusive episodes! Hosted on Acast. See acast.com/privacy for more information.
Hey, fellow lushes! We got invited to podcast from The 5th Annual NIFA (National Independent Film Association) Awards. Hosted by Dan Davies, star of the worldwide Netflix sensation "A Trip to Jamaica" and the cult classic film, "Ed Gein, the Musical", the NIFA Awards honor the best in TV, film, and music, including Lifetime Achievement Awards and yearly Best of Awards. Enjoy! Check us out - YouTube: https://www.youtube.com/channel/UCbo2frUM03BMQ5zf6qbQvww Instagram: https://www.instagram.com/cwdatbpodcast/ Facebook: https://www.facebook.com/CocktailswithDimplesandTheBeard Twitter: https://twitter.com/dimplesthebeard Tiktok: https://www.tiktok.com/@cocktailsdimplesthebeard Thanks for watching! Please subscribe to our channel. Learn more about your ad choices. Visit megaphone.fm/adchoices
With total silence from both the ‘firm' and Team Harry and Meghan, the allegation that King Charles and Kate, Princess of Wales, both expressed 'concerns' about the colour of a future royal baby linger poisonously in the air. What to make of it?After that Phil and Andrew meet Dan Davies to discuss one of the greatest scandals in British public life since the Second World War - a scandal that revealed a series of horrific sex crimes carried out by a much loved ‘national treasure' and a history of cover ups and failed investigations what shook many institutions including police forces and the BBC, where Saville was a huge star for decades.Dan's book ‘In Plain Sight' is the definitive account of the Saville affair and was a major source for for the recent BBC dramatisation of Saville's life, in which Dan is portrayed as one of the predator's main interrogators over many years. You can buy Dan's book and other books by the authors we feature here in our own Scandal Mongers bookshop - along with thousands more. https://uk.bookshop.org/p/books/in-plain-sight-the-life-and-lies-of-jimmy-savile-dan-davies/155650?aid=12054&ean=9781782067467&Looking for the perfect gift for a special scandalous someone - or someone you'd like to get scandalous with? We're here to help.https://www.etsy.com/uk/shop/ScandalMongers*** If you enjoy our work please consider clicking the YouTube subscribe button, even if you listen to us on an audio app. It will help our brand to grow and our content to reach new ears.Andrew Lownie.twitter.com/andrewlowniePhil Craig.twitter.com/philmcraigScandal Mongers is also available to watch on YoutubeYou can get in touch with the show hosts via...team@podcastworld.org (place 'Scandal Mongers' in the heading please).This show is part of the PodcastWorld.org network. For your own show please get in contact via the email address above.Production byTheo XKerem Isik Hosted on Acast. See acast.com/privacy for more information.
Jen and Cortney are joined by guest hosts Eric Gulbrandsen, Dan Davies, and JB Thompson to bring you a classic spooky discussion - movies that claim to be cursed either prior, during, or after the making of the film. Are these curses made up to drum up the public's desire to watch them? Or could there actually be something paranormal-like going on? You be the judge. This episode won't make you just think, it'll make you laugh, roll your eyes, and potentially wonder why YOU aren't friends with an actor with "questionable morals."
Watch UNTOUCHABLE - Jimmy Savile: • UNTOUCHABLE - Jimmy Savile documentar... Watch our full Savile interview with Mark Williams Thomas: • Ex-Cop Who Exposed Jimmy Savile: Mark... Dan Davies: Book: https://www.amazon.com/Plain-Sight-Li... The Guardian: https://www.theguardian.com/profile/d... This documentary for an online audience examines how one of Britain's most prolific offenders engineered his career and lifestyle to escape detection from the authorities for over sixty years. Over 4 years, this documentary was produced by Shaun Attwood with Underground Films. Underground Films website: https://www.undergroundfilms.co.uk/ Watch UNTOUCHABLE full unedited documentary on Vimeo: https://vimeo.com/ondemand/savileunto... The Vimeo version includes option for David I's Savile contributions. UNTOUCHABLE Music by Michael Baugh https://www.michaelbaugh.co.uk UNTOUCHABLE includes: Kelly Gold (friend of Top of the Pops suicide victim) Mark Williams-Thomas (ex-cop) https://www.williams-thomas.co.uk/ Christian Wolmer (author) https://www.christianwolmar.co.uk/ Stephen French (author/activist) Matthew Steeples (author/activist) https://www.thesteepletimes.com/ Mark Coster aka Boris https://www.broadmoorsinister.co.uk/ Christopher Berry-Dee (author) https://www.christopherberrydee.com/ Jason Farrell (senior political correspondent) https://www.bitebackpublishing.com/au... Dr Sohom Das (psychiatrist) / apsychforsoreminds Alan Merritt (activist) / alan.merritt.96
Strap yourselves in for a riveting journey into the shadowy realms of financial fraud with our esteemed guest, Dan Davies. Prepare to be captivated as we peel back the layers of the audacious Great Salad Oil Scam, examining how this intricate deception cleverly outmaneuvered control mechanisms. It's a story that hammers home the importance of meticulous research and constant alertness when considering any investment.Ever wondered what goes on inside the minds of white-collar criminals? As we delve into the psychology of fraud, we reveal how fraudsters rationalize their actions and delve into the power dynamics of high-status individuals. The conversation also emphasizes the need for constant vigilance against fraud, and the surprising status it can hold. With insights from Dan, we'll help you better understand the complexities and challenges of detecting and preventing fraud.As we approach the conclusion, we turn our attention to the controversial correlation between easy monetary policy and fraudulent activities. We discuss how easy access to credit can be exploited by unscrupulous individuals, allowing fraud to persist longer. Plus, we explore the 'Lindy Effect' and how it can be utilized in detecting fraudulent activities. Ponder over the thought-provoking insights shared by Dan on how governments should tackle fraud, and why simply restricting individuals from trading stocks isn't enough. From the Great Salad Oil Scam to the Lindy Effect, this episode is a must-listen for anyone interested in the murky world of investment fraud.ANTICIPATE STOCK MARKET CRASHES, CORRECTIONS, AND BEAR MARKETS WITH AWARD WINNING RESEARCH. Sign up for The Lead-Lag Report at https://theleadlag.report/leadlaglive and get 30% off as a podcast listener.Nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. The content in this program is for informational purposes only. You should not construe any information or other material as investment, financial, tax, or other advice. The views expressed by the participants are solely their own. A participant may have taken or recommended any investment position discussed, but may close such position or alter its recommendation at any time without notice. Nothing contained in this program constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in any jurisdiction. Please consult your own investment or financial advisor for advice related to all investment decisions.The Canadian Money RoadmapDiscover strategies to save, invest, and grow your money effectively.Listen on: Apple Podcasts SpotifyFoodies unite…with HowUdish!It's social media with a secret sauce: FOOD! The world's first network for food enthusiasts. HowUdish connects foodies across the world!Share kitchen tips and recipe hacks. Discover hidden gem food joints and street food. Find foodies like you, connect, chat and organize meet-ups!HowUdish makes it simple to connect through food anywhere in the world.So, how do YOU dish? Download HowUdish on the Apple App Store today:
In this special episode, we chat with the very talented NYC comedian Dan Davies. We dive right into judging people based off their social media and why girls should make the first move more often. Next we talk taking pictures during a hook up and why personality always wins. Lastly we chat putting your ego aside, sending dick pics and nose jobs. Hope you enjoy xx SPONSORS ♡ ✔ EVRY JEWELS - https://evryjewels.com/discount/CHEMICALX Use code CHEMICALX for 20% off ✔ MANSCAPED - https://www.manscaped.com/ Use code CHEMICALX for 20% off
[This is one of the finalists in the 2023 book review contest, written by an ACX reader who will remain anonymous until after voting is done. I'll be posting about one of these a week for several months. When you've read them all, I'll ask you to vote for a favorite, so remember which ones you liked] You can't really understand the exception without understanding the rule. In order for him to understand why it was remarkable that the Titanic sank, you would first have to explain to the caveman how it was that a 52,310 ton vessel not only existed, but was able to float. This is the gift that Dan Davies gives us in Lying For Money. Despite taking econ classes in college, and spending years as a business owner who has had to do things like raise money from investors, my understanding of how the modern economy operates often feels about as complete as a caveman's understanding of how a cruise ship floats. The book delivers on the promise implied by its subtitle, How Legendary Frauds Reveal the Workings of Our World. Financial instruments (and other aspects of the economy) are things that are best understood in the breach: in the process of teaching us the various ways in which financial systems can break, Davies also teaches us how they work.
Plaid Cymru have apologised after a damning review found a culture of harassment, bullying and misogyny in the party. The party had "failed to implement a zero-tolerance approach to sexual harassment" and that women had been "especially" let down. Dan Davies, the BBC Wales Political Correspondent explains. Taylor Swift is rumoured to have a new boyfriend and its all over the papers. She is the highest-paid female entertainer in the world, earning $92 million in 2022 following the success of her 10th studio album “Midnights". But why are we so obsessed with her - and in particular, her personal life? Charlotte Gunn, editor of the female-focused music publication, The Forty Five explains. The journalist Kohinoor Sahota tells us why as a single British Asian woman she wanted to share her story about her plans to freeze her eggs next month. Rachel Cutting, an emrbryologist in the NHS for 25 years and now Director of Compliance and Information for the Human Fertilisation & Embryology Authority (HFEA) discusses the egg freezing process, and the success rate. Lisa Selby is both the subject and the co-director of a new film called Blue Bag Life. In it Lisa examines her relationships with her mother Helen, who abandoned her at 10 months old, and her partner Elliot. Both were heroin addicts, and in the same year Helen dies and Elliot relapses and ends up in prison. An artist and academic, Lisa shot thousands of videos recording her conversations and thoughts during this difficult period in her life, which have been woven together in this feature-length documentary, Lisa joins Anita, along with one of her co-directors Rebecca Lloyd-Evans. Blue Bag Life is on BBC Four on Tuesday 9 May at 10pm, and then on the iPlayer. Wrexham players and Hollywood club owners Ryan Reynolds and Rob McElhenney celebrated the men's team promotion to the English Football League as well as the women's team which won promotion to the Adram Premier league. As thousands lined the streets, Katie Owen was invited to DJ on the open top bus victory parade through the town. She explains what it was like to be part of the celebrations. Presenter: Anita Rani Producer: Dianne McGregor
After the collapse of Silicon Valley Bank sent jitters through the financial system, Duncan Weldon explains how it's just the latest in the long history of bank runs. He talks to financial analyst and former banking regulator Dan Davies - author of ‘Lying for Money' - to understand how bank runs happen, and what the repercussions of this very modern bank run might be for the global financial system. Presenter: Duncan Weldon Producer: Nathan Gower Editor: Richard Vadon Programme Coordinators: Helena Warwick-Cross Sound Engineer: Neva Missirian (Photo credit: Reuters)
Silicon Valley bank collapsed at record speed. And the world is still trying to figure out what went wrong? How did a bank with a strong history, a strong brand, and a fairly conservative investment portfolio go belly up so fast? On this episode of the podcast, we speak with Dan Davies, a Managing Director of Frontline Associates, who previously worked as a bank analyst. He explains why the bank's customer base turned out to be so much more flighty than expected, and why the bank reached for yield buying long-dated Treasuries at a time of ultra-low interest rates. We discuss what to watch next, and why he's concerned that the initial salvo to stanch the bank run may not be enough.See omnystudio.com/listener for privacy information.
Former BoE economist and author Dan Davies joins us to talk about Central Bank Digital Currencies, programmable money, and the ongoing quest of central banks to hoard more power. Also, we unlock the details of Starmer's pledge to make the U.K. the fastest growing economy in the G7 by luck or possibly magic, but without significant investment in state capacity building. Get the full episode on Patreon here: https://www.patreon.com/posts/britcoin-bad-has-79419689 *BERLIN LIVE SHOW ALERT* We're also doing a show on March 11 in Berlin! Get tickets here: https://www.eventbrite.co.uk/e/trashfuture-live-in-berlin-tickets-525728156067 *WEB DESIGN ALERT* Tom Allen is a friend of the show (and the designer behind our website). If you need web design help, reach out to him here: https://www.tomallen.media/ *MILO ALERT* Check out Milo's upcoming live shows here: https://www.miloedwards.co.uk/live-shows and check out a recording of Milo's special PINDOS available on YouTube here! https://www.youtube.com/watch?v=oRI7uwTPJtg Trashfuture are: Riley (@raaleh), Milo (@Milo_Edwards), Hussein (@HKesvani), Nate (@inthesedeserts), and Alice (@AliceAvizandum)
The importance of recognition and diagnosis of cardiac amyloidosis is at an all-time high due to its high prevalence and improved therapeutic strategies. Here we discuss what CardioNerds need to know about the manifestations, diagnosis, and management of transthyretin (ATTR) and light chain (AL) cardiac amyloidosis. Join Dr. Dan Ambinder (CardioNerds Cofounder), Dr. Dinu-Valentin Balanescu (Series Cochair, Chief Resident at Beaumont Health, and soon FIT at Mayo Clinic), and Dr. Dan Davies (Episode FIT Lead and FIT at Mayo Clinic) as they discuss cardiac amyloidosis with Dr. Omar Siddiqi, cardiologist at the Boston University Amyloidosis Center and program director for the general cardiovascular fellowship program at Boston University, a CardioNerds Healy Honor Roll Program. Episode notes were drafted by Dr. Dan Davies. Audio editing by CardioNerds Academy Intern, student doctor Chelsea Amo Tweneboah. Access the CardioNerds Cardiac Amyloidosis Series for a deep dive into this important topic. This episode is supported by a grant from Pfizer Inc. This CardioNerds Cardio-Oncology series is a multi-institutional collaboration made possible by contributions of stellar fellow leads and expert faculty from several programs, led by series co-chairs, Dr. Giselle Suero Abreu, Dr. Dinu Balanescu, and Dr. Teodora Donisan. Pearls • Notes • References • Production Team CardioNerds Cardio-Oncology PageCardioNerds Episode PageCardioNerds AcademyCardionerds Healy Honor Roll CardioNerds Journal ClubSubscribe to The Heartbeat Newsletter!Check out CardioNerds SWAG!Become a CardioNerds Patron! Pearls and Quotes Cardiac amyloidosis is no longer considered a rare disease, especially transthyretin amyloidosis in older male patients with HFpEF and aortic stenosis. Echocardiogram is the “gate keeper” of cardiac imaging and provides initial evidence of amyloid infiltration, while cardiac MRI can help refine the presence of an infiltrative cardiomyopathy versus other causes of increased wall thickness. The most clinically important types of amyloid heart disease are transthyretin (ATTR) and light chain (AL) amyloidosis. The workup to differentiate these disorders includes a gammopathy panel to screen for the presence of potentially amyloidogenic light chains (serum and urine electrophoresis WITH immunofixation and serum free light chains), and cardiac scintigraphy with Technetium-99m-labeled bone-seeking tracers (PYP, DPD, etc.) to identify cardiac aTTR infiltration if the gammopathy panel is unrevealing. There is still a role for endomyocardial biopsy in the diagnosis of cardiac amyloidosis! All patients in whom there is concern for cardiac amyloidosis and gammopathy panel indicates the presence of monoclonal light chains should have a biopsy to obtain a tissue diagnosis of likely AL amyloidosis. Alternatively, an endocardial biopsy may prove valuable in patients who have confusing phenotypic features between amyloid types, such as a patient with abnormal monoclonal protein and positive PYP imaging. Be suspicious of heart failure patients that do not tolerate typical medications that lower heart rate. In the restrictive cardiomyopathy of cardiac amyloidosis, patients are reliant on higher heart rates to compensate for the inability to augment stroke volume. Be suspicious of amyloidosis in patients with recurrent left atrial thrombi despite anticoagulation. Show notes CardioNerds Cardiac Amyloid, updated 1.20.21 1. What is cardiac amyloidosis and how common is it? Cardiac amyloidosis is adisorder caused by misfolding of proteins into insoluble forms which are deposited into extracellular spaces of the heart, commonly causing a stiff and thick heart with progressive diastolic dysfunction with restrictive hemodynamics and ensuing heart failure. The two most common types of amyloid protein that affect the heart are transthyretin (ATTR) and light chain (AL).
With the climate crisis mounting, cycling is often touted as being part of the solution for how we can make our cities less congested, more green and generally more pleasant places to be. The unmistakable silhouette of a Brompton bike, first created by Andrew Ritchie in the late 1970s, fits many of the credentials crucial to helping solve today's transport and mobility challenges and yet the company's unique folding design has been a favourite for citydwellers for decades. It's now the subject of a new book: The Brompton: Engineering for Change, written by Brompton CEO Will Butler-Adams and the book's co-author financial journalist Dan Davies. Will recently joined our host Rosamund Urwin of the Sunday Times to tell her about the Brompton story. Learn more about your ad choices. Visit megaphone.fm/adchoices