AI: The Tool, Not the Movie

"The development of full artificial intelligence (AI) could spell the end of the human race. It would take off on its own and re-design itself at an ever increasing rate. Humans, who are limited by slow biological evolution, couldn't compete and would be superseded." Now, I love Stephen Hawking and his way of thinking. Here is a person who seems able to look around corners to predict the future. And I just don't buy this statement.