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AI Will Decimate Income Tax Revenue Downunder

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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

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It seems, that Russians don’t like it when you fight back. Mister Putin phoned his best friend Donald Trump, apparently, and warned of his retaliation against Ukraine for their temerity in laying waste to the Russian air force. The thing is, you see, Putin views his illegal invasion of Ukraine as a part of the natural order but any incursions by Ukraine as blatant terrorism. Putin’s narrative is that Ukraine is not a country, despite its official status as such since 1991. Vlad and Donnie see the war in Ukraine as a matter for them to come to an understanding over and no place for uppity Ukrainians like Zelenskyy.Continue Reading

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National Space Council Meeting (NHQ201806180002)

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The Republican Party in the United States has led the way when it comes to drastically lowering the tax rates on the richest Americans. It has come down from some 90% after WW2 to be around the 30 to 40% rate in the current era. Thus, the National Debt of $36 trillion has to be directly impacted by falling tax revenues over decades contributing to the need to borrow to fund government. 36 trillion reasons to despise the GOP and its fundamental role in the economic debt crisis of the US. How can any American justify this huge decrease in taxing the rich at the expense of the country? Republicans have simultaneously been in the vanguard of consistently increasing defence spending over these same decades.Continue Reading

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person with smartphone standing in projection of zeros and ones

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We created a model of our lives. The model was called a computer. Lots of us thought this was really cool. Everyone got a computer if they could and lots of cool stuff was generated. The Internet, world wide web, and social media. More and more human activity was transferred to the digital realm. We became more dependent upon computers and the digital world. The computer transformed into a smart phone, which could do a bunch of cool stuff. Human behavior has been modified with generations of digital natives knowing little else. Now, AI is here and taking over much more of our lives. The digital world taking over the real world is actually happening.Continue Reading

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woman looking at a receipt and making a surprised face

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A lot of Australian politicians have a problem because Trump’s America has gone batshit crazy. Why is this a particular problem for them? Basically because they and their parties have been following the American lead for decades. Pissweak Aussie pollies have been following in the shadow of big brother for the longest time. Not having to really think for themselves or come up with anything original has attracted a certain kind of Australian to their ranks. This applies to both sides but the Libs and Nats in particular have been drinking deeply from that stars and stripes cup for many years. Australian politicians bereft of inspiration now.Continue Reading

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crop person showing mobile phone in park

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In: consciousness, democracy, economics, featured, Government, history, latest post, media, mind, politics, truth, wellbeing

Maybe you just don’t have the time or the inclination. Everything is available as a video or podcast anyway, you reason. Are you too dumb to read? Or just too lazy? Consuming information via videos also means, in the main, that you have no reference for the source material underpinning what is claimed by the speakers in the video. Most YouTube videos do not include this reference material. This is just another way we are all being dumbed down by the convenience of technology. It is one of the reasons why we are having to deal with Donald Trump because dumb Americans voted him back in despite the plethora of evidence against him.Continue Reading

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Laocoon and the Trojan Horse

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I don’t know if you have ever heard of the Trojan Horse? This is a device contained within the ancient story known as The Iliad. Whether it actually existed is debatable but it has become a popular symbolic metaphor down through the ages. Basically, it was a very large, hand constructed, wooden horse like tower. The story goes that the invading Greeks built it, hopped inside, and had it moved in front of the gates to the city of Troy. Eventually, the Trojans were intrigued enough to move it inside their city gates and later that night the Greeks snuck out and opened the gates for their army – final outcome the fall of Troy. Why someone would want a bloody big wooden horse structure, I don’t know. There are reasons given that the Trojans thought that it might be a gift from the gods. ‘Beware of Greeks bearing gifts’ – is one of many sayings to emerge subsequent to the reading of this chapter of The Iliad. What is today’s Trojan Horse?Continue Reading

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white bus on road near in high rise building during daytime

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Do you know who is driving the bus? By this I mean, who is leading our societies and who is making the important decisions that we all follow? It is not the obvious candidates and by this I refer to the politicians. Business leaders make the decisions which effect our lives and livelihoods. These profit driven CEOs are laser focused on the bottom line for their companies and shareholders. A major shift has occurred over the last 35 years, where workers and consumers have been shunted to the back of the queue and shareholders have become everything to companies under the guidance of their boards and CEOs.Continue Reading