In 1999 we hadn't experienced the dotcom crash or 911. Those events may have slowed consumer technology application by a few years. On the other hand, military robots, remotely piloted aircraft, and "social" software for tracking terrorist groups have seen accelerated development. Concerns about global warming and oil shortages will likely accelerate nanotech and biotech associated with energy production while reducing the pace of development in other fields. Computational power continues to increase by a factor of a thousand per decade. Biotech continues to advance exponentially.
If humanity were really approaching a technological singularity I'd expect to see rapid increases in average wealth. Stock market performance in the last decade doesn't reflect a growth in real wealth. Also death rates for common diseases aren't showing a significant decline.
This seems worth posting around now... As I've previously observed, futuristic visions are produced as entertainment, sold today and consumed today. A TV station interviewing an economic or diplomatic pundit doesn't bother to show what that pundit predicted three years ago and how the predictions turned out. Why would they? Futurism Isn't About Prediction.
But someone on the ImmInst forum actually went and compiled a list of Ray Kurzweil's predictions in 1999 for the years 2000-2009. We're not out of 2009 yet, but right now it's not looking good...
Now, just to be clear, I don't want you to look at all that and think, "Gee, the future goes more slowly than expected - technological progress must be naturally slow."
More like, "Where are you pulling all these burdensome details from, anyway?"
If you looked at all that and said, "Ha ha, how wrong; now I have my own amazing prediction for what the future will be like, it won't be like that," then you're really missing the whole "you have to work a whole lot harder to produce veridical beliefs about the future, and often the info you want is simply not obtainable" business.