Talk:The Bayesian
The acquisition and trial
- Autonomy was a British tech darling of the early 2000s.
- In 2011 it was acquired by Hewlett-Packard for 11.1 billion US dollars.
- The acquisition was a disaster. HP eventually wrote down Autonomy's value by $8.8 billion.
- HP sued Autonomy CEO Mike Lynch and his management team, accusing them of fraudulent accounting and misleading HP into overpaying for the company.
- In 2022 HP was successful in its litigation. Lynch was found personally liable and ordered to pay US$1bn in damages.
- Hot on the heels of the civil trial, Lynch and Stephen Chamberlain, Autonomy’s former Vice President of Finance, were extradited to the US to face criminal charges including wire fraud and conspiracy.
- In June 2024, Lynch and Chamberlain were acquitted on all counts. The jury were not persuaded beyond reasonable doubt that Lynch had intentionally committed fraud.
- Chamberlain returned to his home in Cambridgeshire, while Lynch treated his daughter and some close friends to a cruise on his superyacht, The Bayesian on a cruise in the Mediterranean by way of celebration.
- On 17 August 2024, two months after his acquittal, Stephen Chamberlain was hit by a car while jogging in Longstanton Cambridgeshire.
- While at anchor off the north coast of Sicily early on the morning of August 19, 2024, The Bayesian was hit by a freak storm and, in the pace of about 7 minutes, capsized and sank. Lynch his daughter and five others were killed.
Conspiracy theory
The improbable circumstances of Chamberlain’s and Lynch’s deaths, within days of each other and, just two months after their acquittal, raised eyebrows. It seemed to be an extraordinary coincidence although the mainstream commentary quickly rationalised an actual conspiracy was highly unlikely — no one had anything obvious to gain, for one thing, and orchestrating any freak storm at all, let alone powerful enough to capsize and sink a 55-metre, 550-ton yacht is beyond the capacity even of the deep state. If you wanted to “off” a business executive, there were far easier ways of doing it.
Yes, still, the unfiltered maw of uninformed public speculation — from which I write, dear correspondent — found this all very fishy.
How could a $40m state-of-the-art superyacht, crewed by experienced mariners sink at anchor during a summer Mediterranean storm?
In any case, the blame and recrimination process started quickly. Italian police launch an investigation into the incident raising the possibility of manslaughter or culpable shipwreck charges against the Bayesian’s skipper, chief engineer and the sailor on watch duty at the time of the incident.[1]
In the meantime, the Bayesian’s boatbuilder The Italian Sea Group, launched and then quickly disowned, a civil suit against the Bayesian’s crew and owner — a company controlled by Mike Lynch’s widow Angla Bacares — seeking compensation for reputational damage and loss of earnings, alleging among other things that the crew was inappropriately selected, did not make necessary preparations for the storm despite advanced weather warnings, and their actions during the storm contributed to the sinking.
TISG itself is under police investigation in connection with the tragedy: this may explain its apparently precipitate behaviour in launching formal legal proceedings. One way of getting ahead of suspicion as a perpetrator is to cast yourself as the victim of wrongdoing.
of the yacht alleging reputational damage Caused by their negligent operation of the vessel
Conspiracy and systems: two competing theories
Hold this as a provisional hypothesis: We can bifurcate explanations of the world into [[conspiracy theory|conspiracy theories and systems theories.
Conspiracy theories put ultimate credit or blame, for the way the world . or a part of it, is down to the intentional actions, be they malign or well-meant, of a limited number of improbably influential people.
I will grant you at once, this is a wide conception indeed of “conspiracy theory”: it includes not just gunpowder plots and Russian bots in Western elections but the general idea that great art is the product of singular genius, commercial success is the outcome of exceptional leadership, and jazz is not just a succession of happy accidents.
By contrast, systems theory says in a nutshell, into a bit more complicated than that. In the case of great artists and great visionary business people, their input into the artistic process is not discounted altogether but instead aggregated with a great deal of other system information to generate an outcome. Shakespeare was indeed a genius but would yet have died in anonymity were it not for his sponsors, publishers, patrons, theatres, actors, critics and audience: the maginificent cultural establishment that we now know as the Shakespeare canon contains a lot of stuff that was nothing to do with William Shakespeare.
Systems and paradigms
I rabbit on a lot on this site about power structures and paradigms. These are systems of political, scientific and cultural control.
Systemantics
The best place to start systems theory is John Gall’s short, acerbic, funny and devastatingly incisive book Systemantics: The Systems Bible. System theories have an acronym: “POSIWID”: the “purpose of a system is what it does”. This, Gall gently points out, Is by inevitable outcome not what those who designed the system had in mind. The System tends to oppose its own intended function so therefore to blame conspirators Who occupy positions of ostensible influence and power within the system is rather to miss the point. They are as much victims of systemantics as anyone else.