Why not. There's plenty of more detailed info out there, and I don't claim to be any sort of expert after mere two years, but here's two stereotypical extremes:
Tourist-eyes: beautiful beaches; nice weather; safe; cheap food; laid back, friendly smiling people -- PARADISE!
Live-and-work-there-eyes: rampant bigotry and racism (common to most SE Asia); dishonesty ("losing face" and all, again shared across SEA and not specific to Thailand); nothing ever gets done (the famous wait-for-crisis management aka the reverse side of the laid back culture); encouragement of keeping in line and professional mediocrity; (lack of) quality healthcare; dirt; systemic corruption and mafia; massive drinking in connection with ubiquitous handguns; relationships aka love the farang cash machine; farangs always 2nd class citizens no matter what (land ownership &c) -- BUSINESS OWNER'S HELL!
Now that's just to juxtapose two extremes, neither is "the truth".
When it comes to running a business, beware of that viewpoint #2. Freelancers who just hang out with other freelancers on the beach for a few months don't need to care, of course :) For serious business, Malaysia is much more organized and welcoming.
Hopefully I don't get downvoted for this paradise-shattering post -- I still have many Thai friends and I love the country despite all its problems.