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The tell-tale signs of getting old
đď¸ Go-karting with Diana | đŹ AI bubble | đ°ď¸ How old is old?
Podcasts

Powell in 1964. Harry Todd/Fox Photos/Hulton Archive/Getty
Whatever you think of Enoch Powellâs politics, say Tom Holland and Dominic Sandbrook on The Rest Is History, thereâs no denying his âintellectual calibreâ. He began translating Herodotus at 14 and taught himself German so he could read Goethe and Nietzsche in the original. He won every single Classics prize in his first year at Cambridge â a feat never achieved before or since â and became obsessed with beating Nietzsche, who was a professor by the age of 24. (Powell narrowly failed, becoming professor of Greek at the University of Sydney at 25.) He so wanted to be Viceroy of India that he taught himself Urdu at university, which, when he later became MP for Wolverhampton, allowed him to chat to constituents from the subcontinent.
After returning to England in 1939 and having a âvery good warâ in North Africa and Delhi, Powell became a remarkably liberal Conservative MP. When 11 Kenyan prisoners were beaten to death in the 1959 Mau Mau uprising, Powell gave a blistering speech condemning Britainâs conduct and reminding parliament that âAfrican lives are worth just as much as European livesâ. Labourâs Denis Healey called it the âgreatest parliamentary speechâ heâd ever heard. Powellâs first mention of migration was a warning about American-style racism. âIt is essential to have strict controls,â he said, âif we are to avoid the evils of a colour question in this country.â The refusal of opinion formers to acknowledge that âmost people in Britainâ hated the mass migration of the 1960s hardened his stance, leading to his infamous ârivers of bloodâ speech, in which he predicted the rise of racial violence. It had, in the long run, the opposite of its intended effect: instead of making the issue of immigration more salient, his âpoetic formulationâ left it toxic.
â¤ď¸âđĽđť Despite his âaustere, chillyâ public persona, Powell was âastonishingly Romanticâ. He was obsessed with Wagner â four out of his eight tracks on Desert Island Discs were from the Ring Cycle â and when you listen to him describing them to Sue Lawley, you can hear him âchoking back the tearsâ. As a younger man he wrote passionate love poetry to a male undergraduate called AWJ Thomas, who died during the fall of Singapore. It was at least partly with this in mind that he told Lawley: âI should like to have been killed in the war.â Listen here.
Property
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Staying young

Young at heart: Henry Miller playing table tennis with a companion
How old is old?
When Vladimir Putin and Xi Jinping were recorded speculating about people living to 150, says Jane Shilling in The Daily Telegraph, they were essentially grappling with the same question that perplexed Aristotle more than 2,300 years ago: âHow old is old?â It may come as disappointing news to these two septuagenarians, who would far rather think of themselves as being in the âbloom of vigorous mid-lifeâ, but when children aged seven to 16 were asked when old age begins, they plumped for a sprightly 49. Among the supposed signs of being ancient were: drinking tea, doing crosswords, listening to the radio and complaining about the weather.
Those kids arenât the only ones with a pessimistic view of what constitutes old age. Cicero thought it kicked off at a mere 46; the nine-year-old novelist Daisy Ashford described her bookâs hero as âan elderly man of 42â. What all this musing about the definition of âoldnessâ misses is that life is not a linear timeline â youth at one end and âcrossword-grapplingâ at the other. Itâs a âset of Russian dollsâ, made up of different aspects of yourself at every age. Norman Mailer said he âcarried different ages within himâ â parts of him were 81 years old, others 57 or 19. When Virginia Woolf was described, aged 55, as âa noble lady with a shock of white hairâ, she wrote: âLord, are we as old as all that? I feel about six and a half.â As longevity research advances and the number of centenarians steadily increases, perhaps we should look to the approach of the author Henry Miller. âWho wants to live to be 100?â he asked. âA short life and a merry one is far better than a long life sustained by fear, caution and perpetual medical surveillance.â
On the money

AI dwarfing other industries, as imagined by ChatGPT
The AI boom is masking Americaâs real problems
Since Donald Trump returned to office, the US economy has âfollowed a patternâ, says Natasha Sarin in The New York Times: the president says or does something outlandish â global tariffs, attempting to sack a Federal Reserve governor â and economists warn solemnly of âdeep risksâ. Then, the economy keeps âchugging alongâ. The reason is artificial intelligence. AI firms account for 80% of the gains in US stocks so far this year, and the money firms are spending on the tech makes up an astonishing 40% of all GDP growth. AI capital investment alone â data centres, chips and so on â makes up 2% of the entire GDP.
The situation is worse than having all your economic eggs in one basket. Itâs closer to putting all your eggs in one basket, then âstomping on all the other basketsâ. There are already signs the non-AI economy is beginning to suffer. As happened in the 1990s internet boom, unflashy parts of the economy are being held back because all the capital is flowing to AI firms. At the same time, as predicted, tariffs are pushing up inflation and dragging down growth. Hiring has stalled, particularly for those trying to enter the workforce (youth unemployment is over 10%). AI is only going to make this worse â it takes a lot of money to build a data centre, but not many workers to run it. Boosters argue that AI will be so incredible no one will mind it eating everything else. But as history shows, technological revolutions bring âeconomic chaosâ before they change the world. For now, financial gains for a few are masking the âreal problemsâ to come.
đŤ§đŹ The signs that AI is an investment bubble are already pretty clear, says Derek Thompson on Substack. Thinking Machines, a start-up founded by former OpenAI executive Mira Murati, has just raised $2bn in funding at a $10bn valuation, despite not having released a product and refusing to tell investors what theyâre even trying to build. âIt was the most absurd pitch meeting,â said one investor who met Murati. âShe was like: âSo weâre doing an AI company with the best AI people, but we canât answer any questions.ââ
Food and drink

Princess Diana leaving Le Caprice. Instagram/@ladydidaily
Go-karting with Princess Diana
Before menus became QR codes, back when meals were more than Instagram fodder, dining out was âraucous, glamorous and really great funâ, says Simon Mills in The Times. And Jeremy Kingâs London restaurants âdid it bestâ. Whenever you sat down in the Wolseley, the Ivy or Le Caprice, there would be a handful of Vogue staffers, an American film star doing a West End play, a Viscount, a playboy or two, âand always Nicky Haslamâ. I once watched a friend dining with Kylie Minogue, who dumped him halfway through his main. If Lucien Freud, a regular at the Wolseley, didnât like what was going on at a nearby table, heâd pick up a breadstick, âline it up Eric Bristow-styleâ, and send the doughy dart directly toward the offending guestâs forehead. As King says, âhe never missed his targetâ.
Princess Diana became a regular at Le Caprice. King always gave her a corner table out of the way of potentially fawning guests and developed elaborate plans to ensure a seamless arrival and departure. He would blind the paparazziâs lenses using a pair of high-powered torches; pretend to water the flower boxes, ready at any second to turn the hosepipe on the cameras; and allow her to confuse the photographers by driving out of the underground car park via the entrance ramp. He also took pleasure in calling out âprissy Hollywood fakeryâ. When Dustin Hoffmanâs agent once phoned to ask for similar treatment, King replied: âIf thatâs what you really want, itâs probably best if you stay at home and I send the food over to your house.â Pause. âBut you donât really want that, do you?â Hoffman and his agent kept the booking.
đď¸đ Diana was so fond of King and his team that she once arranged a Le Caprice staff vs royalty go-karting event near Croydon. The palace team, made up of Diana (a âspirited and aggressiveâ driver) and her security detail, took the team award. The individual winner was a kitchen porter, who, as King says, was âastonished to find himself being warmly hugged by the princess upon his victoryâ.
Quoted
âI believe that sex is one of the most beautiful, natural, wholesome things that money can buy.â
Steve Martin
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