This week we move from the Anthropic case to Andersen et al v Stability AI Ltd in the United States, a case that directly raises whether AI training involves simple “vectorisation” (statistical abstraction) or “compression” (storing compact but recognisable copies)....
We have explored an introduction to how large language models (LLMs) function, with a particular focus on tokenization, vector representations, and the idea of whether these models truly “compress” text as part of their process. We’ll be continuing on with our...
Due to a combination of illness, travel commitments, and general availability, we’ve decided to take a short mid-semester break from our weekly tax training sessions. We’ve had strong interest in our upcoming session on Anthropic, Fair Use, and the Nature of...
We have finished our analysis of what is money and now turn to consider what is a payment. In particular, we want to examine if and when a journal entry can constitute a payment. The first case we will look at is Deputy Federal Commissioner of Taxation v Black. This...
This week marks the culmination of our extended inquiry into the legal nature of money. We will not read cases; instead, the only reading material is Adrian Cartland’s new (draft) paper, included in the training materials. This paper consolidates the last few months...
This week we will explore the legal mechanics of fixed trusts, as interpreted in the recent decision of David & Ros Carr Holdings Pty Ltd v Ritossa [2025] NSWCA 108. Case Summary (Relevant Points Only) Two couples co-invested in a unit trust and later disagreed...
