Summary: This week I found out that a dear old friend lost all his money (about 150,000 pounds) due to a Microsoft LinkedIn scam; watch how Microsoft blames unpopular nation states, "open source", the victims, and attackers (basically anyone but Microsoft), just as it does when defects in its software go unfixed for months
"The key change in this year’s Actuarial Study, due to cascading the new “risk appetite” from the financial study, is a significant increase of the total pension contribution rate of 5.7 percentage points, up to a total of 37.8%. This is driven by an unprecedented decrease in the discount rate of 105 bps down to 2.2%."
Some publicly available information suggests that even for each paid subscriber for plagiarism (LLM 'coding') GitHub Copilot still loses more money than it makes
"Mr Neidle said after repelling Mr Zahawi he was contacted by bloggers and tweeters who had received similar threats. They deleted their work “and in most cases never commented publicly on anything again”."
