AI employment APOCALYPSE: 'Stakes are higher than EVER before'
But if this is to happen, the Cambridge University Professor believes a political rethink is required: "As to whether that will happen or not will depend on whether this county's politicians are prepared to learn from Scandinavian countries instead of the US. "Scandinavia has a good welfare state and high taxation, the opposite to the US, with its very inadequate welfare state and low taxes. "The present government seems to admire the US system more." The celebrated cosmologist and astrophysicist does however foresee a difficulty with collecting taxes from these multinational tech giants, based on current controversies over their tax arrangements. Facebook's UK tax bill, for example, is 0.62 percent of their £1.3billion
Oct-20-2018, 09:27:24 GMT
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