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He gave further focus to this issue in a 2001 essay entitled "The Law of Accelerating Returns". [10] In it, Kurzweil, after Moravec, argued for extending Moore's Law to describe exponential growth of diverse forms of technological progress. Whenever a technology approaches some kind of a barrier, according to Kurzweil, a new technology will be ...
In his 1999 book The Age of Spiritual Machines, Kurzweil proposed "The Law of Accelerating Returns", according to which the rate of change in a wide variety of evolutionary systems (including the growth of technologies) tends to increase exponentially. [51]
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.
All together, this idea of technological progress is called the Law of Accelerating Returns. Ray Kurzweil, who popularized this concept, says: "Today, we anticipate continuous technological ...
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 ...
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Ray Kurzweil postulates a law of accelerating returns in which the speed of technological change (and more generally, all evolutionary processes) [53] increases exponentially, generalizing Moore's law in the same manner as Moravec's proposal, and also including material technology (especially as applied to nanotechnology), medical technology ...
Ray Kurzweil in 2006. Ray Kurzweil is an inventor and serial entrepreneur. When The Age of Spiritual Machines was published he had already started four companies: Kurzweil Computer Products, Inc. which created optical character recognition and image scanning technology to assist the blind, Kurzweil Music Systems, which developed music synthesizers with high quality emulation of real ...