(Gradient) Descent into Mediocrity

(Gradient) Descent into Mediocrity

While the rest of the world loses its collective mind over artificial intelligence, Tasmania is sitting on an amazing competitive advantage… and might be about to throw it away by jumping on the AI bandwagon. Everything that makes Tasmania economically successful is the exact opposite of what AI represents. And if Tasmanian businesses start chasing AI “efficiency” instead of leveraging their authentic advantages, they’ll transform from premium producers into generic commodity suppliers....

July 22, 2025
Don't use Wise

Don't use Wise

Wise has stolen more than $60,000 AUD from us, and refuses to let us access it. We’ve had a Wise account for around 5 years (since they were called TransferWise). It’s been a really useful way to transact in foreign currencies, and pay for things when we’re travelling for work. In early-April 2025, Wise asked us to provide some additional information on our Ultimate Beneficial Owners (UBOs) by uploading a statement of shareholders, and the ID of the owners....

May 14, 2025