The Greater Wealth

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The latest economic events are analysed to help you live your life purpose; where wealth serves you, not you serve it.

  1. Sep 22

    The Battle to Control AI: Can Australia Stay Safe Without Falling Behind?

    Twenty Western Australian MPs from across the political spectrum have written to the Prime Minister asking for an AI kill switch. The Prime Minister was in the United States the same week, meeting the technology companies. And the question nobody in either conversation quite answers is what a government does when the thing it wants to regulate is built, hosted and understood by somebody else. Derek Whitaker and Travis Carter spend half an hour there. Travis takes the kill switch apart first, and not from the side you would expect. His objection is not that it is too strong — it is that it only works once. Hit it and everything is gone, and you are standing there with nothing. What he wants built instead is the opposite of a switch: an AI whose entire job is stopping other AI. Derek's half of the argument is about capability, and it is less comfortable. Governments do not have the systems, the infrastructure or the capital that the technology companies have. Which is how you end up with the state asking the industry to handle the duty of care it cannot discharge itself — and why, when he asks how often a government website has frustrated you, it is not really a joke about websites. Then it comes back to your own week. The two of them go through what AI is already doing inside ordinary businesses — not the ones in Silicon Valley, the ones with four staff and no budget for an experiment. Derek walks through building a working tool for his own business over a weekend, something that used to take him half an hour a client, every client. Travis makes the case that this is the first technology in a long time that makes a small operation look bigger than it is, and that the advantage runs to whoever can change their mind fastest, which is rarely the biggest company in the room. And there is the line the episode really turns on. The dividing line is not between people and AI. It is between people who know how to use it and people who do not. It closes somewhere practical: four things worth doing now, and why the most expensive position available is deciding this does not apply to you. ▶ FREE AI MASTERCLASS Where AI is actually taking work, and what to do about it in a business that isn't a tech company. No cost, nothing to book. https://www.bluskyfactory.com/r/0217249b Recorded Monday 21 September 2026 at Edge Studio, Perth, for The Greater Wealth on Edge Radio Australia. Education only. Nothing here is personal financial, tax or legal advice.

  2. Sep 16

    Who Will Control AI? The Race, the Rules, and What Australians Must Do Now

    The people building AI are asking for a speed limit. The politics is pulling the other way. And Australia's contribution to the argument, so far, is largely a discussion about copyright law. Derek Whitaker and Travis Carter spend half an hour on that gap. Derek opens with the call from Anthropic's Dario Amodei for the industry to pace itself — evaluations embedded inside every AI company, coordinated pacing across democracies, an agreement with China — and with the detail underneath it that is easy to miss: the curve is steepening because AI has become good at building the next generation of AI. Travis takes the other side, and he takes it from the military rather than the market. The last technology that genuinely changed warfare was the nuclear warhead, and what has kept it holstered since 1945 is not goodwill — it is inspection, control, and the certainty that someone stronger is watching. His question is what happens when somebody simply declines to sign. Then the part that reaches your own week. Australia's real exposure is not the copyright negotiation. It is electricity. The hidden AI race is a race for power, and it is already reshaping ordinary places — Texas pausing new data-centre approvals while it works out what the grid can carry, Geelong proposing a levy so a community gets something back for hosting one. And it is work. Not "will there be jobs", but which ones change, and how fast. Derek and Travis go through the industries they think are most exposed, the ones that end up working alongside AI rather than being replaced by it, and the reason a business that automates every last human out of itself tends to lose the customers it was automating for. Humans buy from humans. The episode lands somewhere practical. There are two honest responses available to one person: own something, or understand the infrastructure everything else is being built on. And there are two different needs inside that — if you are employed, keeping your skills current; if you run a business, building systems that keep the business current. Those are not the same job, and most advice treats them as though they are. ▶ FREE AI MASTERCLASS Where AI is actually taking work, and what to do about it in a business that isn't a tech company. No cost, nothing to book. https://www.bluskyfactory.com/r/0217249b Recorded Monday 14 September 2026 at Edge Studio, Perth, for The Greater Wealth on Edge Radio Australia. Education only. Nothing here is personal financial, tax or legal advice.

  3. Sep 8

    15% Unemployment by 2030? Why Australia Must Prepare Now

    A former Australian Treasurer put a number on the next five years, and it barely made the news. Joe Hockey's position, back in May, was that 15% unemployment across Australia and the Western world by 2030–31 was his base case if AI adoption accelerates while the country fails to innovate. That is his forecast, not a settled projection — but it deserves a longer look than it got. This week's figures give it uncomfortable company. Australia's economy grew 0.4% in the June quarter and 2.1% across the year, while GDP per person was flat and productivity went backwards. The economy is growing. Is the individual Australian actually getting ahead? Then there is the other half of the story. In Paris, the President of the European Commission described €10 trillion of European household savings sitting idle in bank deposits, and set out how Europe intends to put it to work. That is not a plan to confiscate anyone's savings, and this episode is careful about the difference — but it does say something about how institutions are starting to think about capital. Two foundations of household prosperity are being reconsidered at the same time: how people earn income, and how institutions treat savings. Derek Whitaker and Travis Carter, on Edge Radio Australia. ONLINE THIS THURSDAY 10 SEPTEMBER Accelerate into the New Economy: Preparing for 2030 and Beyond. 5:00pm Perth, 7:00pm Sydney, Melbourne and Brisbane, 6:30pm Adelaide and Darwin. https://www.bluskyfactory.com/r/2030 IN THIS EPISODE 0:00 — 15% unemployment by 2030, the claim 1:08 — Joe Hockey, in his own words 2:20 — When welfare outruns income tax 3:14 — From taxing income to taxing capital 5:02 — Where the manufacturing booms went 8:02 — From a welfare state to an innovative state 11:40 — The $25,000 worker that never sleeps 13:50 — The economy grew. Did you? 18:59 — €10 trillion, and what was actually said 20:51 — No, nobody is confiscating bank accounts 21:14 — You think it's your money until it isn't 23:07 — What securitisation does to a deposit 27:07 — The two things changing at once 29:39 — Housing, and the buyer's market nobody planned 31:02 — The 5% deposit and the 120% problem Recorded at Edge Studio, Perth, for The Greater Wealth on Edge Radio Australia. Joe Hockey footage courtesy Sky News Australia. Von der Leyen audio: © European Union, 2026, licensed under CC BY 4.0 (excerpt). Education only. Nothing here is personal financial, tax or legal advice. Blu Sky Factory is an education company, not a licensed financial planning, accounting or law firm.

  4. Aug 31

    Why the AI Boom Could Affect Your Mortgage, Job and Business

    For years artificial intelligence was a technology story. This month it became an Australian household story. The Reserve Bank has now listed the AI and data-centre investment boom among the things that could keep inflation — and therefore interest rates — higher. In the same few weeks unemployment rose to 4.5%, employment fell by 16,000, hours worked went backwards with Western Australia among the biggest contributors, and headline inflation eased to 3.5% while the underlying number sat at 3.6% and housing costs rose 5%. Then Nvidia forecast roughly 70% revenue growth for next year, and Australian business investment fell 3.6% after the previous quarter's record data-centre spend — with planned investment for the year ahead revised up 15.5%. Those look like separate stories. They aren't. Money, skills and economic power are being redirected into a new economy while households carry higher borrowing costs, stubborn living expenses and a softening job market. Same transition, different ends of it. That's the conversation Aaron and I have on Edge Radio Australia in this episode — what the reallocation is, where it's going, and what it asks of you if you'd rather choose your response than react to it. ▶ Live in Perth — Thursday 3 September: https://www.bluskyfactory.com/r/bed3b6dd WHAT YOU'LL COME AWAY WITH Why the Reserve Bank has started naming AI investment as an inflation factor — and the careful version of that claim, not the headline version• How to read a month where the headline inflation number improves and your actual cost of living doesn't • What a 3.6% fall in business investment sits next to a 15.5% upgrade in planned investment actually tells you about where capital is going • Why data centres compete with housing for the same builders, concrete and electricians — and what the RBA said about it • What the last great technology shift did to work, and what the Luddites were actually responding to • Why "work hard and you'll get ahead" stopped being sufficient advice, and what replaces it • Where the opportunity sits for a small business owner who can't outspend anyone — including a project quoted in the hundreds of thousands that got done for about $120 • How to start changing before the pain forces you to, and why almost nobody does Recorded at Edge Studio, Perth, for The Greater Wealth on Edge Radio Australia, with Aaron.

  5. Aug 25

    Crypto Just Entered a New Era — What Trump's Announcement Really Means

    Something happened in Washington last week that the crypto market noticed immediately — and most of the coverage stopped at the price.President Trump brought crypto and technology leaders into the White House and publicly called on Congress to pass a fair version of the CLARITY Act. Bitcoin broke back above US$70,000, Ethereum, XRP and Solana rallied with it, and Bitcoin finished the week more than 20% higher.The more interesting story is underneath that. Washington doesn't appear willing to wait indefinitely. The Senate now has a scheduled vote on 15 September, and both the SEC and the CFTC have signalled they will establish rules under their existing authority whether or not Congress moves first.Which changes the question. It stops being "will America embrace digital assets" and starts being "what will the rules of America's digital-asset economy actually look like" — and what does an economy running on those rails ask of the people living in it.▶ Live in Perth — Thursday 3 September: https://www.bluskyfactory.com/eventsWHAT YOU'LL COME AWAY WITH• What the CLARITY Act fight was actually about — and why the sticking point was yield on stablecoins, not crypto itself• Why the banks changed their position, and what that says about where deposits are expected to sit• What a settlement layer that doesn't need a bank in the middle makes possible, from lending against an asset you keep to buying a fraction of a property• Why a six-minute move in Solana wiped out billions in leveraged positions, and what thin liquidity does to a market that never closes• What tokenised US stocks trading 24/7 in over 120 countries implies for the rest of the financial system• Where crypto, artificial intelligence and quantum computing are converging — and the questions nobody has answered yet about machines transacting with each other• Why the countries that moved first — Japan, South Korea, Russia — did it, and what they're positioning for▶ CHAPTERS0:00 Crypto just entered a new era0:24 What the CLARITY Act fight was really about1:31 Vice President Vance on the Senate holdouts3:04 Lending against crypto without the bank in the middle4:21 Smart contracts take the emotion out4:56 President Trump calls on Congress5:48 Staying ahead of China — and the rare earths play6:26 Bitcoin past US$70,0006:45 The Solana flush: what leverage did in six minutes7:53 Is this heading for one global currency?8:42 Why nations still want their own money10:11 Japan, South Korea and Russia already moved11:11 Three worlds colliding: crypto, AI and quantum12:22 Coinbase's Brian Armstrong on the Senate vote13:17 Why a named date matters14:19 Trade, manufacturing, and settling outside the dollar15:21 GENIUS Act reserves — and the Treasury rumour16:02 US$40 trillion, and what's coming up16:19 Live in Perth, Thursday 3 September16:43 Real-world assets on the ledger17:31 Robinhood's CEO on tokenised US stocks19:12 Stocks that trade 24 hours a day20:16 Dividends on a tokenised share — paid in what?21:20 Fractional Berkshire, and wrapped equity21:51 Five per cent of an investment property22:29 Staking, liquidity, and doing the due diligence23:07 Accelerating into a new economy23:43 24/7 markets, and AI arriving in trading25:03 The right tools — and the right knowledge25:56 Why the job market is more exposed than people think26:16 bluskyfactory.comRecorded at Edge Studio, Perth, for The Greater Wealth on Edge Radio Australia, with Travis Carter.Blu Sky Factory is NOT a licensed financial planning, accounting or law firm. We are simply an education company, who will give you factual information. We do not give any general or specific advice around finance, business, investing, options, trading, accounting, crypto currency investing or precious metals or anything else. That's not what this presentation or programme does. Please see a licensed financial planner when it comes to any investment advice you need.

  6. Aug 1

    How to Live with Purpose in the Age of AI

    Will there be Universal Income when AI comes? Will you have a job? What will work look like? Will society lack purpose? Discover the exciting possibilities in what AI might do for your productivity...Videos - Elon Musk, Tony Robbins, Dr Kevin Zaidai at Warrior Notes👉 Get your free course on how to Thrive in the Age of AI at BluSkyFactory.com#ai, #universal income, #productivity, #wealth creation, #life purpose

  7. Jul 11

    The Race to Quantum Computing & AI

    Trump singed an executive order on cryptography. What implications does this have for you and the rest of the world?👉 Get your FREE course on AI visit: www.BluSkyFactory.comNone of the information on this show is financial advice, and we are not a licensed financial planning, accounting, or law firm. Blu Sky Factory is solely an education company, providing you with factual information. We do not offer general or specific advice on finance, business, investing, options, trading, accounting, estate planning, or anything else. Please consult a licensed financial planner/accountant/lawyer for any investment advice you need.#ai #aritificialintelligence #quantumcomputing #financialeducation #wealthtransfer 👉 Get your FREE course on AI visit: www.BluSkyFactory.com

  8. Jun 16

    Why Elon Took Space X Public

    Space X has been private for many years. Why did Elon take the company public?👉 Get your FREE 15 minute consultation www.BluSkyFactory.com.au Learn the skills to thrive in the modern economy go to www.BluSkyFactory.com.auShow notes:Music Credit: Atomic by Alex-Productions | https://onsound.eu/ Music promoted by https://www.free-stock-music.com Creative Commons / Attribution 3.0 Unported License (CC BY 3.0) https://creativecommons.org/licenses/... Video Footage: XSummary quote of Elon's career path and life...Jaylene on XThis presentation originally aired on Edge Radio Australia www.edgeradioaustralia.com None of the information on this show is financial advice, and we are not a licensed financial planning, accounting, or law firm. Blu Sky Factory is solely an education company, providing you with factual information. We do not offer general or specific advice on finance, business, investing, options, trading, accounting, estate planning, or anything else. Please consult a licensed financial planner/accountant/lawyer for any investment advice you need. Additionally, the opinions expressed on this program may not necessarily reflect the views of Blu Sky Factory or Edge Radio Australia. Learn the skills to thrive in the modern economy go to www.BluSkyFactory.com.au#podcast #financialeducation #elonmusk #spacex #stockmarket

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The latest economic events are analysed to help you live your life purpose; where wealth serves you, not you serve it.

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  • Creator
    Blu Sky Factory
  • Years Active
    2022 - 2026
  • Episodes
    185
  • Rating
    Clean
  • Copyright
    © Blu Sky Factory
  • Show Website
    The Greater Wealth