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How AI automation can fulfill Thomas Piketty's predictions on rising economic inequality, and why highly progressive taxes on capital can help slow the spiral (Philosopher Count)

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Philosopher Count : How AI automation can fulfill Thomas Piketty's predictions on rising economic inequality, and why highly progressive taxes on capital can help slow the spiral   —  Piketty was wrong about the past.  He's probably right about the future.  —  1. Introduction from Techmeme https://ift.tt/VFaRrgD
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A look at US tech laws rolling out in 2026, including California's SB 53 AI transparency law and Virginia's new social media limits for minors, effective today (Adi Robertson/The Verge)

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Adi Robertson / The Verge : A look at US tech laws rolling out in 2026, including California's SB 53 AI transparency law and Virginia's new social media limits for minors, effective today   —  As usual, 2025 was a year of deep congressional dysfunction in the US.  But state legislatures were passing laws that govern everything … from Techmeme https://ift.tt/BUIFYTP
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Filing: Chinese AI chip startup Biren raises ~$717M in its Hong Kong IPO; institutional and retail tranches were oversubscribed ~26x and ~2,348x, respectively (Himanshi Akhand/Reuters)

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Himanshi Akhand / Reuters : Filing: Chinese AI chip startup Biren raises ~$717M in its Hong Kong IPO; institutional and retail tranches were oversubscribed ~26x and ~2,348x, respectively   —  Chinese AI chip startup Shanghai Biren Technology (6082.HK) has raised HK$5.58 billion ($716.85 million) in its Hong Kong initial public offering … from Techmeme https://ift.tt/h4k85dH
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Want a Delicious Dinner? Don't Cook These 5 Foods in Your Nonstick Pan

Nonstick pans are great at a variety of foods but they fail at the high heat needed for searing meats. If you plan on searing steak, a different pan is the way to go. from CNET https://ift.tt/TI5MCdA
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Unsealed documents detail a US operation that stopped the alleged smuggling of $160M worth of Nvidia H100 and H200 GPUs to China between Oct. 2024 and May 2025 (CNBC)

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CNBC : Unsealed documents detail a US operation that stopped the alleged smuggling of $160M worth of Nvidia H100 and H200 GPUs to China between Oct. 2024 and May 2025   —  On Dec. 8, Federal prosecutors in Texas unsealed documents that revealed an investigation into a massive smuggling network that stretched across the U.S. and the world. from Techmeme https://ift.tt/4lnHmO3
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Sources: Uber is in talks to acquire the parking space reservation app SpotHero; the parking app was last valued at $290M (The Information)

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The Information : Sources: Uber is in talks to acquire the parking space reservation app SpotHero; the parking app was last valued at $290M   —  Uber has been in talks to acquire parking app SpotHero, a popular service that allows drivers to reserve parking spaces, according to people with knowledge of the discussions. from Techmeme https://ift.tt/mgXuS5v
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IDC expects shipments of PCs could shrink by up to 9% YoY in 2026 due to global memory shortages, as demand from AI data centers continues to outstrip supply (Zak Killian/Tom's Hardware)

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Zak Killian / Tom's Hardware : IDC expects shipments of PCs could shrink by up to 9% YoY in 2026 due to global memory shortages, as demand from AI data centers continues to outstrip supply   —  Memory shortages are expected to have a serious impact on the PC and smartphone market. … The International Data Corporation … from Techmeme https://ift.tt/abZgWiD
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