#society
The Australian Government is about to make it nearly impossible for successful startup workers to reinvest their earnings into new startups. Let’s explore the upcoming changes and how they will affect startups, workers, and the Australian economy.
We’re entering an exhilarating period of technological development, but most of us haven’t noticed. Grim expectations for the future pervade despite our progress towards solving many of our most worrying problems and overwhelming improvements to quality of life.
Some software engineers are worried about AI taking their jobs. Some SaaS founders are excited for cheaper R&D costs, while others are fearful of the new market entrants this will empower. Today, we explore the potential impact of developer copilots, no-code, and app-generating LLMs.
In much of the world, industrialisation has led to the abundance of calories, often in very unhealthy forms — a novel state for a creature that is accustomed to subsistence. This has posed serious challenges for society (e.g., how do we provide large populations of people with healthy food?) and individuals (i.e., how do I eat healthy food in reasonable amounts when millions of years of evolution has instilled a nature of scarcity into me, that drives me to consume all I can find?). Growing up in the 1990s, the golden age of the fad workout plan and diet, the public debate regarding the dangers of junk food was prominent. The parents of many kids in my generation changed their attitudes towards sustenance significantly throughout our childhoods. Abundance, while positive in so many ways, comes with challenges.
On August 25th, Identify and Disrupt passed both houses of the Australian parliament with support from both major parties, just one day after it was first debated. Officially dubbed Surveillance Legislation Amendment (Identify and Disrupt) Bill 2021, the bill empowers the Australian Federal Police (AFP) and the Australian Criminal Intelligence Commission (ACIC) with three new and egregious powers when investigating federal crimes, or state crimes with a “federal aspect”.