AI panic is spreading virally. Nobody stands in the way of the mob

Over the past two years, WiseTech Global founder Richard White and his company have weathered everything that has happened to them – personal scandals, governance scandals, the mass resignation of the company’s independent directors and a series of executive changes.

But on Friday, WiseTech’s market value and White’s fortune plummeted further at the hands of a small Florida company that used to sell karaoke machines.

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