I haven't done a detailed analysis, but my suspicion is that, if one removes the Moore's law and its consequences from the [technological] progress, the rest will look nothing like an exponent. Various branches would speed up for some time, then stall, or even regress. The overall rate of progress (how do you even qualitatively measure it?) would probably be closer to linear on average, or possibly too all-over-the-map to fit a curve through reliably.
My point is that we might be living in a Moore's bubble, and the consequences of its bursting would be hard to predict.
Amdahl's law comes to mind in these discussions. The question is to what extent computing power can substitute for other things.
Ray Kurzweil's writings are the best-known expression of Singularity memes, so I figured it's about time I read his 2005 best-seller The Singularity is Near.
Though earlier users of the term "technological Singularity" used it to refer to the arrival of machine superintelligence (an event beyond which our ability to predict the future breaks down), Kurzweil's Singularity is more vaguely defined:
Kurzweil says that people don't expect the Singularity because they don't realize that technological progress is largely exponential, not linear:
Kurzweil has many examples:
He emphasizes that people often fail to account for how progress in one field will feed on accelerating progress in another:
Kurzweil's second chapter aims to convince us that Moore's law of exponential growth in computing power is not an anomaly: the "law of accelerating returns" holds for a wide variety of technologies, evolutionary developments, and paradigm shifts. The chapter is full of logarithmic plots for bits of DRAM per dollar, microprocessor clock speed, processor performance in MIPS, growth in Genbank, hard drive bits per dollar, internet hosts, nanotech science citations, and more.
The chapter is a wake-up call to those not used to thinking about exponential change, but one gets the sense that Kurzweil has cherry-picked his examples. Plenty of technologies have violated his law of accelerating returns, and Kurzweil doesn't mention them.
This cherry-picking is one of the two persistent problems with The Singularity is Near. The second persistent problem is detailed storytelling. Kurzweil would make fewer false predictions if he made statements about the kinds of changes we can expect and then gave examples as illustrations, instead of giving detailed stories about the future as his actual predictions.
My third major issue with the book is not a "problem" so much as it is a decision about the scope of the book. Human factors (sociology, psychology, politics) are largely ignored in the book , but would have been illuminating to include if done well — and certainly, they are important for technological forecasting.
It's a big book with many specific claims, so there are hundreds of detailed criticisms I could make (e.g. about his handling of AI risks), but I prefer to keep this short. Kurzweil's vision of the future is more similar to what I expect is correct than most people's pictures of the future are, and he should be applauded for finding a way to bring transhumanist ideas to the mainstream culture.