mwengler comments on Review of Kurzweil, 'The Singularity is Near' - Less Wrong
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Kurzweil has never claimed that exponentials go on forever. He has claimed that many exponentials go on longer than the current technology would allow.
Even when there is only an overhead of 100X in which to grow something, knowing it is probably going exponentially with T timescale gives you a very different sense of the midterm future than thinking it is stagnant or saturated or linear. And the singularity is all about the midterm.
http://www.pbs.org/wnet/need-to-know/environment/futurist-ray-kurzweil-isnt-worried-about-climate-change/7389/
Ray sez
That's what he claims. He does it based on two mistakes - calling solar an information technology, and switching from looking at exponential growth in util/dollar to exponential growth in installed base.