If you’re not familiar with Ray Kurzweil and his concept of the Singularity, you can learn the basics from Ray Kurzweil: The InstaPundit Interview:
In chapter 1 of the book, I define the Singularity this way: “a future period during which the pace of technological change will be so rapid, its impact so deep, that human life will be irreversibly transformed. Although neither utopian nor dystopian, this epoch will transform the concepts that we rely on to give meaning to our lives, from our business models to the cycle of human life, including death itself. Understanding the singularity will alter our perspective on the significance of our past and the ramifications for our future. To truly understand it inherently changes one’s view of life in general and one’s own particular life. I regard someone who understands the Singularity and who has reflected on its implications for his or her own life as a ‘singularitarian.’”
The Singularity is a transition, but to appreciate its importance, one needs to understand the nature of exponential growth. On the one hand, exponential growth is smooth with no discontinuities, and values remains finite. On the other hand, it is explosive once we reach the “knee of the curve.” The difference between what I refer to as the “intuitive linear” view and the historically correct exponential view is crucial, and I discuss my “law of accelerating returns” in detail in the first two chapters. It is remarkable to me how many otherwise thoughtful observers fail to understand that progress is exponential, not linear. This failure underlies the common “criticism from incredulity” that I discuss at the beginning of the “Response to Critics” chapter.
To describe these changes further, within a quarter century, nonbiological intelligence will match the range and subtlety of human intelligence. It will then soar past it because of the continuing acceleration of information-based technologies, as well as the ability of machines to instantly share their knowledge. Intelligent nanorobots will be deeply integrated in our bodies, our brains, and our environment, overcoming pollution and poverty, providing vastly extended longevity, full-immersion virtual reality incorporating all of the senses, “experience beaming,” and vastly enhanced human intelligence. The result will be an intimate merger between the technology-creating species and the technological evolutionary process it spawned. But all of this is just the precursor to the Singularity. Nonbiological intelligence will have access to its own design and will be able to improve itself in an increasingly rapid redesign cycle. We’ll get to a point where technical progress will be so fast that unenhanced human intelligence will be unable to follow it. That will mark the Singularity.”