Complex Systems with Patrick McKenzie (patio11) 2025 in review, with Sammy Cottrell
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Jan 3, 2026 Join Sammy Cottrell, a savvy producer and the mastermind behind the Lighthaven podcast studio, as he reflects on the highlights of 2025. Sammy and Patrick McKenzie dive into the creative process of video podcasting, the ethical implications of AI, and the excitement of AI-assisted hobbies. They also chat about the most impactful episodes of the year, including the fascinating salary negotiation reading. Sammy shares his experiences with running a podcast and the logistics of studio setup, making it a lively discussion for aspiring podcasters and tech enthusiasts alike!
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Airline Cards And Route Networks Are Linked
- Airline route networks and credit card partnerships form linked businesses, not separable profit centers.
- Misreading them as independent units leads to mistaken claims like 'poor people pay for rewards.'
Bank Of England Conversation Went Public
- Patrick met with the Bank of England at their request and then arranged a public episode summarizing his advice.
- He warned that AI systemic risk concerns should focus beyond just trading firms and correlated hedge-fund models.
Tech Firms Serving As De Facto Policy Actors
- Tech firms are increasingly treated as instruments of public policy, creating de facto governance roles.
- This trend reflects concentrated power in Silicon Valley and a willingness to wield it politically.
