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The Law of Accelerating Returns has in many ways altered public perception of Moore's law. [citation needed] It is a common (but mistaken) belief that Moore's law makes predictions regarding all forms of technology, [citation needed] when really it only concerns semiconductor circuits.
Kurzweil describes his Law of Accelerating Returns, which predicts an exponential increase in technologies like computers, genetics, nanotechnology, robotics and artificial intelligence. Once the singularity has been reached, Kurzweil says that machine intelligence will be infinitely more powerful than all human intelligence combined.
Many companies take advantage of the Law of Accelerating Returns, but all businesses aren't created equal. That's why we've found one high-tech company that could make investors rich by harnessing ...
A study of the number of patents shows that human creativity does not show accelerating returns, but in fact, as suggested by Joseph Tainter in his The Collapse of Complex Societies, [84] a law of diminishing returns. The number of patents per thousand peaked in the period from 1850 to 1900, and has been declining since. [77]
The law of accelerating returns is probably the most important economic concept you've never heard of, with broad implications across the stock market, the economy, and politics. It's a simple ...
Kurzweil unveils several laws of his own related to this progression, leading up to his law of accelerating returns which says time speeds up as order increases. [7] He believes Moore's law will end "by the year 2020" but that the law of accelerating returns mandates progress will continue to accelerate, therefore some replacement technology ...
Raymond Kurzweil (/ ˈ k ɜːr z w aɪ l / KURZ-wyle; born February 12, 1948) is an American computer scientist, author, entrepreneur, futurist, and inventor.He is involved in fields such as optical character recognition (OCR), text-to-speech synthesis, speech recognition technology and electronic keyboard instruments.
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