Without a fair tax on tech, it could be the end of the state as we know it
By: The Guardian November 11, 2018 Alongside the results of last week’s US midterms came the passing of San Francisco’s Proposition C, a measure that will tax firms with an annual turnover of more than $50m (£44m) to raise an estimated $300m extra a year to help address homelessness. Last Tuesday, 60% of voters backed […]
The $6 Trillion Barrier Holding Electric Cars Back
By: Anjani Trivedi November 5, 2018 Wouldn’t it be great if we could all drive without dirtying the air we breathe? Alas, not everyone can afford an electric car. The good news is the death of the internal combustion engine is nearing and electric-vehicle sales are on a tear. Countries that together account for more […]
Use of personal data to ‘rip off’ online shoppers sparks inquiry
By: Sarah Butler November 04, 2018 The government is launching an inquiry into the use of personal data to set individual prices for holidays, cars and household goods, amid rising fears of a consumer rip-off. The research, supported by the competition watchdog, will explore the prevalence of “dynamic pricing” based on information gathered about an […]
Nearly half of UK firms think their business models won’t exist in 5 years because of A.I., study says
By: Elizabeth Schulze OCTOBER 30, 2018 Artificial intelligence is changing business fast and many U.K. companies can’t keep up. A new report Wednesday found that 41 percent of British companies surveyed said their business models will cease to exist in the next five years thanks to artificial intelligence (AI). The research, conducted by Microsoft, surveyed […]
Here are the 21 jobs you may be doing in 10 years, now robots are here – Business Insider
By: Ruqayyah Moynihan and Jessica Lin October 27, 2018 Will your job be done by a robot 10 years from now? If so, what will you end up doing? Over and over, experts have assured us that robots are not going to take over the world in the foreseeable future, but for some industries, the […]
Kate Raworth and Matthew Taylor on Rethinking Economics For The 21st Century
By: Intelligence Squared October 26, 2018 In this week’s episode of the Intelligence Squared podcast, Oxford economist and author of Doughnut Economics Kate Raworth sat down with Matthew Taylor, chief executive of the RSA, to discuss her transformative ideas for a new economy. Listen to full Podcast
‘Tech tax’ necessary to avoid dystopia, says leading economist
By: Alex Hern October 23, 2018 A “tech tax” is necessary if the world is to avoid a dystopian future in which AI leads to a concentration of global wealth in the hands of a few thousand people, influential economist Dr Jeffrey Sachs has warned. Speaking to the Guardian, Sachs backed calls for taxation aimed […]
Google and Orange building cable between US and France
By: Alex Hern October 15, 2018 Telecoms firm Orange has teamed up with Google to work on a private undersea cable connecting the Atlantic coasts of France and the United States Measuring 6,600km in length, the undersea cable will be named Dunant after Henry Dunant, the first Nobel peace prize winner and founder of the […]
Don’t believe the World Bank – robots will steal our wages
By: Larry Elliott October 14,2018 The World Bank has a reassuring message for those fearful of being made obsolete by automation. The robot age is nothing to be worried about. Just like all previous waves of technological advance, the fourth industrial revolution will create rather than destroy jobs, so fears of mass unemployment are largely […]