Sticky
Economics Is Anti-Community

Have you noticed that we have all become economists over the last 30 odd years? That economic-speak has become the lingua-franca of our modern world? We talk about the supply and demand of things, the dollar value of everything, and make all our decisions based upon economic principles to a large degree. This has not always been so. Prior to the American conversion to all things economic, which began with the Rand Corporation in the 1960s, governments and ordinary people did not bang on about economics. Economics is founded upon certain assumptions about individual behaviours driven by self-interest. Indeed, economics is anti-community.Continue Reading

Sticky
The Productivity Narrative Is A Scam

Have you ever thought that you might be being played like a guitar or a puppet on a string? Australia has been on an economic hold for the past few years in response to the high inflation post pandemic. The Reserve Bank of Australia (RBA) steeply raised interest rates to dampen the economy and repeatedly told the community to pull its head in. Understandably, like good citizens we obeyed and economic  growth became sluggish and non-existent. Now, things are better, apparently, with inflation back in their band of acceptability at 2-3%. So, growth is back on the agenda and the conversation turns to productivity and the national figures. The productivity narrative is a scam.Continue Reading

Sticky
AI Will Decimate Income Tax Revenue Downunder

None other than James Packer, son of the great anti-tax champion billionaire Kerry Packer, is warning that AI will decimate tax revenue downunder. Why? It is because Australia depends upon the income tax from workers for the lion’s share of its tax revenue. AI has already started shedding jobs in middle management and the numbers are going to ramp up substantially very soon. The loss of hundreds of thousands of jobs to machines will impact the bottom line severely. Especially, as multinational corporations and rich people avoid paying tax in Australia.Continue Reading

Sticky
Wireframe head illustration, AI technology

The overhyped AI bubble, which the US has been blowing up with nationalistic fervour has been rocked. Deep Seek bursts American AI bubble. Right at the time, when Trump 2.0 has been making its MAGA fuelled craziness felt this comes as a wake up call on the global stage. The Big Tech realm is no longer an exclusively stars and stripes affair, it seems.Continue Reading

Sticky
America Matters book cover Robert Sudha Hamilton

Historians have to be interested in truth. The facts matter to those endeavouring to decipher things that have happened. Historians, then, tell us stories about the things that occurred and what were the motivating forces likely to have inspired them. It is an inexact science, as much of life and the accounts of its people often are. Historians might scour the media for the reporting and op-eds, which appeared at the time, to shed light on the matters being examined. If the time frame is fairly recent, they may well interview first hand sources – those who witnessed directly the events in question. Primary sources are the gold for any historical account worth its weight and wishing to be counted as factual.Continue Reading

Sticky
Figurative Abstraction

Humanity Is regularly celebrated for its technology, which has lifted us above all other animals. Curing diseases, motorised vehicles, supermarkets, splitting the atom, computers, mobile phones, and even space rockets. These are but a few of the amazing inventions created by humans. How come then masses of us think and act so stupidly? Why so dumb if some so smart? Has it always been the case that the majority of us are low intel creatures and only a minority are much smarter? The experts tell us that it is our ability to share information which has set us apart on the intelligence scale from the other species of animals on the planet.Continue Reading

close up of british shorthair cat relaxing indoors

There is no left or right, not really, not in political terms. There are many shades of thought and philosophies existing and interacting around the place at any one time in history. Grouping everything into a binary is just another lazy thinking way of operating. It is similar to focusing on one individual at the expense of acknowledging teams and organisations being responsible for actions, achievements and perceived failures. This all comes down to how we like to tell stories and the kind of stories we most like consuming. We, as human beings, shift the emphasis within episodic events to make them more coherent and linked to a central theme or character. We strip out the stuff we judge as tangential and beef up what we want to shine through.Continue Reading

Internet box clipart, illustration vector

It is time for all of us to wake up to the imminent dangers we currently face via the digital world. Did you know that more than 60% of what goes on via the internet is non-human? Yes, much of the conversation happening online especially on social media is with bots. All you lonely people out there, you are wasting your time communicating with machines on Twitter, Facebook, and the like. A lot of the traffic to various sites and pages is by machines. All those likes and retweets are, in large parts, by bots. The world wide web is predominantly populated by non-humans. AI will only make that figure grow exponentially.Continue Reading