Can we perhaps edit "singularity is near" out of the title? This sounds impressive, but having a bunch of racks able to classify the outline of a face is vastly disconnected from machine and humanity merging.
It does this for 20,000 different objects categories - this is getting close to matching human visual ability (and there are huge societal implications if computer reach that standard). This is the most powerful AI experiment yet conducted (publicly known).
No, it isn't. This classifier cannot identify theme variations, unknown rotations, will confuse new objects for objects it already knows, is unable to cope with camera distortion, needs fixed lighting, has no capacity for weather, does not work in the time you need to run away from a tiger, requires hundreds of times more data than a human eye presents, and does a far lower quality job, all while completely losing the ability to give a non-boolean response.
To say this is approaching human abilities is to have no idea what human abilities actually are.
"This is the most powerful AI experiment yet conducted"
No, it isn't. Please stop presenting your guesses as facts. Cyc runs circles around this, as do quite a few things from the Netflix challenge, as well as dozens of other things.
I personally have run far larger unsupervised neural networks than this, and I am not a cutting edge researcher.