Law of Accelerating Returns

Ray Kurzweil - extending and generalizing Moore's Law

An analysis of the history of technology shows that technological change is exponential, contrary to the common-sense 'intuitive linear' view. So we won’t experience 100 years of progress in the 21st century β€” it will be more like 20,000 years of progress (at today’s rate).

We are using better tools to make better tools.

  • How did Bill Gates and Microsoft write an operating system without a PC?

  • How did Intel design a microprocessor integrated circuit chip … without a microprocessor?

πŸ”— https://www.ted.com/talks/ray_kurzweil_the_accelerating_power_of_technology

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