Chinese law professor: AI will end capitalism

Feng Xiang is a prominent Chinese legal scholar with an appointment at Tsinghua University; in a new Washington Post editorial adapted from his recent speech at the Berggruen Institute’s China Center workshop on artificial intelligence in Beijing, he argues that capitalism is incompatible with AI. Read the rest

Stephen Hawking's final words to the internet: robots aren't the problem, capitalism is

The last message Stephen Hawking posted to a public internet forum was an answer to a question in a Reddit AMA, querying how humanity will weather an age of technological unemployment. Read the rest

Kimberly Clark says the Trump tax-cuts let it fire 5,500 US workers and pay out dividends to its shareholders

Kimberly Clark, makers of Kleenex and Huggies, says it will lay off 10-12% of its US workforce and divert the savings to shareholder dividends and capital investment (presumably robots to replace the workers, or infrastructure to import finished goods from lower-cost offshore labor markets), and it says that action was triggered by Trump's tax-cuts, which freed up the cash needed to effect the changes. Read the rest

San Francisco SPCA uses a robot to chase away homeless people, because cruelty to humans is just fine

The San Francisco Society for the Prevention of Cruelty to Animals bought a "security robot" to harass homeless people at its Mission District offices, a move that the city has banned and threatened $1,000/day fines for. Read the rest